We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · LN11 7FG
For saleReduced £22.5k (−22.2%) on 30 SepListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Tennyson Fields, Louth. Built by Lovell, this development, situated in the unique Georgian market town, is the perfect place to call home. Ownership options to suit you.
The front door of this home opens on to the hall, which leads on to the living room and the modern kitchen/dining room, with its built-in oven, hob and hood and French doors opening onto the rear enclosed garden, which will be freshly turfed.
The ground floor also boasts a downstairs WC. The first floor has three bedrooms and a bathroom fitted with a modern three-piece suite, Bedroom one also boasts an en-suite.
The property has two allocated parking spaces. This brand new home also benefits from gas central heating and uPVC double glazing. Flooring included to wet areas.
The new homes on this development will be available as Shared Ownership. The price will apply to a specific share. Shares are also available from 10% to 75%.
You can buy a home through shared ownership if both of the following are true: Your household income is £80,000 a year or less (£90,000 a year or less in London) you cannot afford all of the deposit and mortgage payments for a home that meets your needs.
One of the following must also be true: You're a first-time buyer you used to own a home but cannot afford to buy one now you're forming a new household - for example, after a relationship breakdown you're an existing shared owner, and you want to move you own a home and want to move but cannot afford a new home that meets your needs For some homes you may have to show that you live in, work in, or have a connection to the area where you want to buy the home.
These homes are available on a shared ownership basis with the option to purchase between 10%75%. Example House cost £101,250 (representing a 45% share of ownership) and monthly rent £333.40.
*Amount is combined Rent and Associated Charges such as Buildings Insurance, Management Charge and Service Charge payable per calendar month Example Share Breakdown Shares available from 10% to 75%.
Please see examples prices and rents listed below.
25% share - Purchase price £56,250 - Rent Charges of £436.53 40% share - Purchase price £90,000 - Rent Charges of £359.19 60% share - Purchase price £135,000 - Rent Charges of £256.06 75% share - Purchase price £168,750- Rent Charges of £178.72 Full Property Value £225,000 A monthly service charge will also apply, at a total of £597.72 per annum..
This includes building insurance, grounds maintenance and the management charge. Please note that the Service Charges for the first year are based on estimated costs.
Service Charges for future years will be calculated according to the actual costs paid for the services delivered.
This means that Service Charges may be higher or lower in future than the estimated charge for the first year.
To be accepted for this property there is an application process, applications can be obtained through the Pygott & Crone Grimsby Office.
Tennyson Fields, Louth The picturesque market town of Louth has an array of Georgian and Victorian architecture and offers delicious local food and produce.
Known as the Capital of the Wolds', the town sits at the foot of the Wolds and has a host of independent shops and specialist grocers including the nationally recognised The Cheese Shop.
Also boasting the medieval church with the tallest steeple in Britain, Louth has a range of activities nearby to keep all the family entertained, meaning Tennyson Fields is a development built with you in mind.
Education Louth has three primary schools and two secondary schools, one of which is a grammar school. The town also has a further education college, so educational needs are well served here.
Food and drink Louth is a foodie's haven, with lots of pubs and restaurants as well as specialist and independent food stores.
If you fancy a night off from cooking, you're sure to find somewhere serving your chosen cuisine in Louth. Commuting While not on the national railway network, Louth is well connected by roads.
You can reach Grimsby and Cleethorpes on the A16 and Lincoln via the A157.
There are also regular Stagecoach buses connecting the town to Grimsby, Skegness, Mablethorpe and Lincoln, where onward travel can be accessed.
Things to do If getting out into nature is more your thing, Hubbard's Hills is an Area of Outstanding Natural Beauty on the outskirts of town and is ideal for a free day out.
Formed during the last ice age, you'll find idyllic views, ducks, swans and stepping stones across the stream.
Kenwick Park golf course is also in the town, and for motorsport fans, Cadwell Park is about seven miles away.
Of course, who can forget the many hiking trails throughout the Lincolnshire Wolds or Alvingham Lakes for any fishing enthusiasts.
Dimensions stated are to be used as guidance only and should not be used as a basis for furnishings, furniture or appliance spaces.
Dimensions for such purposes must be verified against actual site measurements. Please note the handing of plots may vary from the floor plans shown.
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ.
Images may be of a slightly different model of home, individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary.
Any furnishings and furniture shown are not included in any sale. Please check with a member of our sales team for details of the exact specification for each property type and the associated prices.
Internal images are to be used as an example and are from an previously sold plot. They are for identification purposes only.
“Please note these homes are in a Designated Protected Area and will therefore have relevant provisions in the Lease.
For further information please speak to a member of the sales team” Lounge 3.13m x 4.97m - 10'3” x 16'4” Kitchen/Dining Room 5.24m x 2.86m - 17'2” x 9'5” First Floor Landing Bedroom 1 3.08m x 3.17m - 10'1” x 10'5” En-Suite 2.42m x 1.09m - 7'11” x 3'7” Bedroom 2 2.62m x 3.45m - 8'7” x 11'4” Bedroom 3 2.52m x 2.72m - 8'3” x 8'11” Bathroom 2.06m x 2.05m - 6'9” x 6'9”
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Plot 127 The Lansdown, Tennyson Fields, Louth
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