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 semi-detached house · LN11 8GJ
Sold STCListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*NO ONWARD CHAIN* *ONLY FIVE YEARS OLD* TES Property bring to the market this attractive and move in ready semi detached house located in the well serviced village of Grimoldby, only 6 miles to the market town of Louth.
Internally this delightful property comprises a spacious living room which opens into the kitchen diner. There is a ground floor w.c and utiltiy room.
To the first floor there are three bedrooms with an en-suite to the main bedroom and an attractive family bathroom.
Externally the property enjoys an enclosed rear garden and off road parking to the front. The perfect property for a first time buyer or buy to let. Book your viewing in today.
Location - Grimoldby - The popular village of Grimoldby is adjoined with the village of Manby. It is approximately 5 miles from Louth, 20 miles from Grimsby and 30 miles from Lincoln.
It is well serviced with a wealth of amenities including a grocery store, a supermarket, an Italian restaurant, a post office and a cricket club.
As well as doctors’ surgery, a nursery, a primary school and it's within the catchment of King Edward Grammar School.
The village also offers rural walks with a network of popular footpaths and beaches are only a short drive away.
Entrance Hallway - Enter the property via a uPVC front door into the entrance hallway where there is a uPVC double glazed window to the side, staircase to the first floor landing, consumer unit and underfloor heating.
Doors lead into the ground floor w.c and into the living room.
W/C - 0.885m x 1.943m (2'10" x 6'4") - With w/c and wash hand basin with cupboard, uPVC double glazed window to the front, splashbacks, extractor and spotlights to the ceiling.
Living Room - 4.171m (max.) x 5.094m (max.) (13'8" (max.) x 16'8 - Bright and airy room with uPVC double glazed window to the front, a useful under stair storage cupboard, T.V aerial point, underfloor heating and opening into the kitchen.
Kitchen/Diner - 3.733m (max.) x 5.319m (max.) (12'2" (max.) x 17'5 - The kitchen is fitted with a range of wall, base and drawer units with worktop over incorporating a 1.5 bowl stainless steel sink with drainer and mixer tap, there is an integrated dishwasher, fridge freezer and 'Lamona' oven with 4 ring hob with extractor above.
There are uPVC double glazed patio doors leading out to the rear garden, uPVC double glazed window to the rear, spotlights to ceiling, T.V aerial point, tiled floor with underfloor heating and ample space for a dining table.
A door leads into the utility.
Utility - 1.566m x 1.783m (5'1" x 5'10") - Fitted with a range of matching units and worktop to the kitchen with space and plumbing for washing machine and tumble dryer, tiled flooring, extractor and door leading outside.
Landing - First floor landing with doors to all first floor rooms, loft hatch and storage cupboard.
Bedroom 1 - 3.129m (max.) x 4.034m (max.) (10'3" (max.) x 13'2 - Double bedroom with uPVC double glazed window to the front, a radiator and T.V aerial point. A door leads into the en suite.
En-Suite - 0.897m x 3.116m (2'11" x 10'2") - Fitted with a modern suite consisting of a shower cubicle with rainfall shower, w/c and wash hand basin with storage cupboard.
There is a heated towel rail, spotlights to the ceiling, tiled flooring and splashbacks, LED light up mirror and extractor.
Bedroom 2 - 3.821m x 2.659m (12'6" x 8'8") - Double bedroom with uPVC double glazed window to the rear, radiator and T.V aerial point.
Bedroom 3 - 2.545m x 2.764m (8'4" x 9'0") - With uPVC double glazed window to the rear, radiator, T.V aerial point and built in wardrobe/storage cupboard.
Bathroom - 2.005m x 2.276m (6'6" x 7'5") - Modern room fitted with a three piece suite consisting of a panelled bath with shower over, w/c and wash hand basin in vanity storage unit, there are tiled splashbacks and flooring, uPVC double glazed window to the front, heated towel rail, spotlights to the ceiling, extractor and LED light up mirror.
Outside - The property is fronted with a block paved driveway with slate chip boarders and hedging to one side. A side gateway leads down the side of the property to the rear garden.
The rear garden is fully enclosed with fencing to the boundary and is mainly laid to lawn with a paved patio area for alfresco dining.
The garden benefits from an outside tap and timber shed for storage. Services - Mains water, gas, drainage and electricity are understood to be connected, with underfloor heating to the ground floor.
The agents have not tested or inspected the services or service installations and buyers should rely on their own survey.
Tenure - The property is believed to be freehold and we await solicitors confirmation. Brochure Prepared - January 2026. Viewings - By prior appointment through TES Property office in Louth admin.
Opening Hours - Monday to Friday 9:00am to 5:00pm Saturday 9:00am to 1:00pm
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.
Area
Agent & docs

FAQ
About Amelia Wood Way, Grimoldby
Explore nearby