2-bedroom terraced house · LN11 0PD
For saleReduced £17k (−11.6%) on 18 JulListed 322 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no forward chain , this delightful two-bedroom mid-terrace cottage presents a wonderful opportunity for a wide range of buyers.
Beautifully maintained and tastefully presented, the property sits in a highly sought-after village location with convenient access to the bustling market town of Louth and excellent road links toward Grimsby Inside, the home features electric heating , partial uPVC double glazing , and a welcoming layout comprising a breakfast kitchen , a cosy lounge , two bedrooms , and a bathroom Outside, the cottage enjoys a charming rear garden complete with patio area—perfect for relaxing or entertaining—along with access to a communal parking area offering a designated space.
A lovely home in a desirable setting— early viewing is highly recommended Kitchen/Breakfast Room (10' 0'' x 13' 11'' (3.051m x 4.252m)) Offering uPVC double glazed window and a decorative glazed entry door to the rear leading out to the garden.
The kitchen offers a good complement of fitted wall and base units with contrasting roll edged work surfacing with inset one and a half bowl sink and drainer.
Integrated oven and four ring electric hob. Splashback tiling. Electric radiator. Plumbing for a washing machine.
Lounge (12' 0'' x 15' 0'' (3.649m x 4.575m)) With single glazed window to the front elevation, the lounge is pleasantly presented and has a feature beamed ceiling with exposed first floor flooring.
Electric fire with surround. Electric radiator. First Floor Landing Airing cupboard containing the hot water cylinder and having fitted shelving.
Bedroom One (8' 9'' x 11' 10'' (2.677m x 3.595m)) UPVC double glazed window to the front elevation, loft access to the ceiling and a electric radiator.
Built in cupboard over the stairwell and then a separate wardrobe. Bedroom Two (10' 0'' x 7' 9'' (3.039m x 2.364m)) UPVC double glazed window to the rear elevation and being neutrally decorated.
Bathroom (9' 11'' x 5' 11'' (3.031m x 1.791m)) A well proportioned bath equipped with a panelled bath with screen and electric shower over, low level w.c and a pedestal wash hand basin.
Splashback tiling. Wall mounted electric heater (not tested). Window to the rear.
Outside The property enjoys a garden to the rear which has a patio area with pergola over, then a low maintenance rear garden with gravelled beds and shrubbery complementing the remainder.
Parking Area
Value & comps
No previous sales on record.
Returns
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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 4 Barn Owl Cottages, Grange Lane, Covenham St. Bartholomew
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