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See how verdicts work2-bedroom terraced house · LN11 0ZH
Listing removedListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
It is a pleasure for Choice Properties to bring to market this delightful two bedroom mid-terraced house located on Peregrine Way situated in the thriving market town of Louth.
Large uPVC windows throughout provide a light and airy living space that is comprised of a kitchen, living room, two bedrooms, family bathroom, and a downstairs wc.
To the exterior, the property features a private laid to lawn garden with a patio seating area. Early Viewing Is Highly Advised. Hallway - 3.00m x 1.14m (9'10" x 3'9") - With composite entrance door.
Staircase leading to first floor landing. Internal doors to all ground floor rooms. Tiled flooring. Radiator. Power points.
Opening to:- Kitchen - 3.00m x 1.85m (9'10" x 6'1") - Fitted with wall, base, and drawer units with worksurfaces over. One and a half bowl stainless steel sink with mixer tap and drainer.
Four ring gas hob with pull out extractor hood over. Integral fridge freezer. Integral twin oven. Ideal gas combi boiler in box unit. Integral dish washer. Integral washing machine.
Power points with usb adaptability. Tiled flooring. uPVC window to front aspect. Living Room - 3.68m x 3.99m (12'1" x 13'1") - Large built in under stairs storage cupboard.
uPVC French doors leading to garden. Radiator. Power points. Tv aerial point. Telephone point.
Downstairs Wc - 1.52m x 0.89m (5'0" x 2'11") - Fitted with a push flush wc and a corner pedestal wash hand basin. Consumer unit. Radiator. Tiled flooring. Part tiled walls.
Frosted uPVC window to front aspect. Extractor. Landing - 1.98m x 1.02m (6'6" x 3'4") - Access to loft via loft hatch. Internal doors to all first floor rooms. Radiator. Power points.
Bedroom 1 - 2.51m x 3.68m (8'3" x 12'1") - Double bedroom with built in overstairs storage cupboard. Two uPVC windows to front aspect. Radiator. Power points. Tv aerial point. Thermostat.
Bedroom 2 - 2.08m x 3.89m (6'10" x 12'9") - Double bedroom with uPVC window to rear aspect. Radiator. Power points.
Bathroom - 1.91m x 1.85m (6'3" x 6'1") - Fitted with a three piece suite comprising of panelled bath with fully tiled shower over, pedestal wash hand basin with chrome mixer tap, and a push flush wc.
Tiled flooring. Part tiled walls. Chrome heated towel rail. Electric shaver point. Wall mounted storage cabinet with back lit mirror over. Extractor.
Garden - The property benefits from a fully enclosed, private, rear garden with fencing to the perimeter.
The garden is mostly laid to lawn but benefits from a patio area providing an ideal place for outdoor seating.
There is a paved footpath that leads from the patio area up the side of the garden towards the rear and then round towards the side access gate.
The rear garden also features a garden shed providing outdoor storage space. Parking - There are two parking spaces for the property. Tenure - Freehold.
Council Tax Band - Local Authority - East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincolnshire, LN9 6PH Tel. No.
Website: Council Tax Band - According to the Valuation Office Agency Website the property is currently in Council Tax Band A. Viewing Arrangments - By appointment through Choice Properties on .
Opening Hours - Monday to Friday 9.00am to 5.00pm Saturday 9.00am - 3.00pm Making An Offer - If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you.
Under money laundering regulation we will ask you to provide us with formal photographic ID by way of either a passport or driving licence.
If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
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
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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.
Area
Agent & docs

FAQ
About Peregrine Way, Louth
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