2-bedroom house · LN11 0EG
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Early viewing is recommended of this two-bedroom mid-terraced cottage, located within the charming Georgian market town of Louth.
Mount Olivet can be found just off High Holme Road and is well placed for access to the town centre, which offers a wide selection of shops and schools, including King Edward VI Grammar School, along with two golf courses, a leisure centre and a hospital.
The accommodation which requires updating and renewal is arranged over two floors and benefits from a gas-fired central heating system and Upvc double glazed windows.
Briefly comprising a sitting room, dining room and kitchen to the ground floor, with two bedrooms and a bathroom to the first floor. Externally, there is a garden to the front and a store to the rear.
Sitting Room 3.53m x 3.89m Having a timber part-glazed entrance door with matching top light, together with a walk-in bay window overlooking the front garden.
Feature fireplace with wooden surround and picture rail. Wooden-effect laminate flooring, which continues through into the dining room.
Dining Room 3.75m max x 3.53m max Including staircase, fireplace and built-in cupboard with shelving. A door provides access to the kitchen and the stairs lead to the first-floor accommodation.
Kitchen 3.26m x 1.82m Fitted with wall cupboards and base units with contrasting worktops, incorporating a stainless steel drainer sink unit with mixer tap over.
Oven space, splashback tiling, window to the rear aspect and a part-glazed uPVC door providing access to the exterior. Landing With window to rear aspect.
Bedroom 1 3.54m x 3.01m With window to front aspect. Bedroom 2 2.84m x 2.74m With window to rear aspect and wall-mounted central heating boiler.
Bathroom 2.59m x 1.65m Fitted with a suite comprising bath with power shower over, pedestal wash hand basin and low-flush WC. Part-tiled walls.
Outside The front garden benefits from a wide variety of established shrubs and trees. Access to the rear of the property is via a shared pathway leading to the kitchen.
There is a mid-terrace brick-built store (2.56m max x 3.50m max), which incorporates a WC.
Tenure We are verbally advised that the property is of freehold tenure, and we are awaiting formal confirmation from the vendor’s solicitor.
Council Tax Band: ‘A’ NB: This can be reviewed by the Local Authority. EPC Rating: ‘C’ FURTHER INFORMATION AND TO VIEW: Viewing by appointment only, contact James Chisholm .
Inspection Date: 29 January 2026 Drafted Date: 29 January 2026 DISCLAIMER : This floor plan is for illustrative purposes only and not to scale; it should not be relied upon for accuracy.
The image remains the intellectual property of Canters and should not be reproduced without consent.
Property Management and Lettings If you are a landlord looking to relieve yourself of the stress surrounding your tenanted properties or alternatively if you are seeking tenants, then Canters are more than happy to help.
We offer outstanding property management services as well as a quick turnaround letting service.
If you wish to discuss your management needs, then please do not hesitate to call us on or email Free Valuation Service Are you thinking of selling?
We offer fast and free marketing appraisals for all properties with a view to go to market.
Our team are often able to complete the free valuation within the week and service a wide radius of areas including Grimsby / Cleethorpes and surrounding villages along with Tetney, Caistor, Louth and Immingham.
If you are seeking a formal written valuation for mortgage or a variety of other purposes, please contact our sales team at our Grimsby Office.
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.
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About Mount Olivet, Louth, LN11 0EG
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