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 work2-bedroom bungalow · LN11 0TE
For saleReduced £19k (−7.1%) on 26 OctListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the ever-popular village of Fotherby, just a short distance from the Georgian market town of Louth, this beautifully refurbished bungalow offers stylish, spacious accommodation in a highly desirable setting, with excellent access to scenic walks into the Lincolnshire Wolds and a strong village community atmosphere.
Extensively improved by the current owners, the home has been thoughtfully extended to create an impressive open-plan kitchen and living space measuring approximately 33 feet in length.
The contemporary kitchen is centred around a striking slate-grey island and is enhanced by a rooftop skylight, creating a bright and airy hub of the home.
The living area features a charming log burner and elegant plantation shutters, offering both warmth and character.
The accommodation further comprises a welcoming L shaped entrance hallway, two generously proportioned bedrooms, including a superb principal bedroom with dressing area and adjoining room currently utilised as a home office, offering excellent potential for conversion into an ensuite bathroom, subject to any necessary consents.
Additional practical features include a separate utility room and a beautifully appointed family bathroom complete with jacuzzi-style bath and walk-in shower.
Occupying a substantial corner plot, the property benefits from a wide gravel driveway providing valuable off-road parking for multiple vehicles.
The gardens are predominantly positioned to the front, with a delightful side patio area enjoying a desirable west-facing aspect, ideal for making the most of the afternoon and evening sunshine.
This is a truly attractive home combining stylish modern living with village charm, and early viewing is highly recommended to fully appreciate all that it has to offer.
EPC Rating: D ENTRANCE HALL 1.83m x 4.83m Lovely L shaped hallway with Kardean floor.
LIVING KITCHEN 4.83m x 10.06m Fitted kitchen in a slate grey finish featuring a centre Island forming the hub, built-in appliances include ceramic hob double oven, built-in dishwasher, housing for American fridge and designer one and a half bowl sink.
Designer Kardean flooring flows effortlessly through into the open plan sitting area featuring a cast iron log burning stove with dual aspect windows and built-in plantation shutter blinds.
UTILITY ROOM 1.85m x 2.16m Valuable room with worktops plumbing for washing machine oil find central heating boiler and skylight window.
BEDROOM ONE 3.3m x 4.27m A lovely L-shaped principal bedroom with open design wardrobe.
ENSUITE/OFFICE 1.9m x 2.74m Currently used as a study with plumbing for an ensuite. BEDROOM TWO 3.61m x 3.61m Good size double bedroom with duall aspect windows.
BATHROOM 2.06m x 2.24m Beautifully tiled bathroom featuring Jacuzzi style bath, walk-in glass panel open shower and vanity unit with W.C.
Garden The gardens enjoy a particularly pleasant south facing aspect to the front with a deep Lawn screened by hedging and a further side patio ideal for alfresco entertaining.
A large designated gravel driveway provides valuable off-road parking.
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 Short Lane, Fotherby, LN11
Explore nearby
