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 terraced house · LN11 9EJ
Listing removedListed 852 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No forward chain - ideal first time or investor purchase - A mid terrace property situated within the Louth town centre, close to a wide variety of local amenities and schools.
Internal viewing will reveal the lounge, kitchen and bathroom to the ground floor. To the first floor there are two double bedrooms.
With a lovely rear garden with a small patio area, generous lawn and also a right of access to neighbouring properties and the property also benefits from uPVC double glazing and gas central heating.
Lounge (11' 11'' x 9' 10'' (3.63m x 3.00m)) The lounge reveals the front door and a window to the front elevation, with coving to the ceiling, a radiator and vinyl flooring.
Kitchen (11' 10'' x 9' 9'' (3.61m x 2.97m)) The kitchen has a window to the rear elevation, a radiator and vinyl flooring, There is also a fitted kitchen with a one and a half sink and drainer, plumbing for a washing machine and an electric oven and gas hob.
There is also space for a dining table and chairs. Off the kitchen is a door to the rear garden.
Bathroom (6' 1'' x 5' 5'' (1.85m x 1.65m)) The bathroom has an opaque window to the side elevation, a radiator and vinyl flooring. There is also a WC, basin and a bath with partially tiled walls.
Stairs Leading to the first floor. Bedroom One (9' 11'' x 12' 0'' (3.02m x 3.65m)) Bedroom one has a window to the front elevation, a radiator.
Bedroom Two (9' 6'' x 8' 10'' (2.89m x 2.69m)) Bedroom two has a window to the rear elevation, a radiator. There is also a built in cupboard.
Outside With a long rear garden set predominantly to lawn with flowers and shrubs, hard standing patio area, garden shed. A right of access is also through the garden for neighbouring properties.
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
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FAQ
About 183, Newmarket, Louth
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