5 Bed Detached House, Single Let, Louth, LN11 0TH, £780,000

The Gables, Church Lane, Utterby, Louth, LN11 0TH - 8 months ago

BTL
~399 m²
+17 photos

ValuationUndervalued

Sold Prices£130K - £600K
Sold Prices/m²£1.5K/m² - £3.4K/m²

 

 

Square Metres

~398.70 m²
Price/m²£2K/m²

Value Estimate

£841,039
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£195,000

Stamp Duty & Legal Fees

£69,200

Total Cash In

£264,200

 

 

Cash Out

 

Rent Range

£895 - £2,500

Rent Estimate

£895

Running Costs/mo

£2,637

Cashflow/mo

£-1,741

Cashflow/yr

£-20,898

Gross Yield

1%

Local Sold Prices

15 sold prices from £130K to £600K, average is £383.5K. £1.5K/m² to £3.4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£470K06/210.21 miField House, Church Lane, Utterby, Louth, Lincolnshire LN11 0TH4
£203K11/230.4 mi6, Queens Close, Utterby, Louth, Lincolnshire LN11 0TT4
£350K02/230.41 mi2, Jacobs Close, Utterby, Louth, Lincolnshire LN11 0GJ4
£400K02/230.44 miWoodbine Cottage, Grange Lane, Utterby, Louth, Lincolnshire LN11 0TS4
£240K03/210.58 miThe Posthouse, Main Road, Utterby, Louth, Lincolnshire LN11 0TP4
£442K11/201.23 miLittle Gables, Church Lane, Fotherby, Louth, Lincolnshire LN11 0UH4
£435K04/231.51 miBirches, Ludborough Park, Ludborough, Grimsby, Lincolnshire DN36 5SN4
£600K11/231.6 miAsh Tree House, Livesey Road, Ludborough, Grimsby, Lincolnshire DN36 5SF4
£130K01/211.67 miThe Bungalow, Little Grimsby Lane, Fotherby, Louth, Lincolnshire LN11 0UT4
£425K12/202.42 mi2, Dickens Beck Lane, Covenham St Mary, Louth, Lincolnshire LN11 0PU4
£383.5K01/212.5 miNewbridge House, Newbridge Lane, Covenham St Mary, Louth, Lincolnshire LN11 0PQ4
£390K01/212.92 miKingfisher Lodge, Northway, Fulstow, Louth, Lincolnshire LN11 0XH4
£275K11/202.92 miThe Orchards, Northway, Fulstow, Louth, Lincolnshire LN11 0XH4
£310K06/212.94 mi19, Casswell Crescent, Fulstow, Louth, Lincolnshire LN11 0XJ4
£320K03/232.94 mi17, Casswell Crescent, Fulstow, Louth, Lincolnshire LN11 0XJ4

Local Rents

3 rents from £895/mo to £2.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£89512/240.74 mi-2
£2,50005/242.23 miBrakenborough, Louth4
£2,50005/242.23 miBrakenborough, Louth4

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

3.69 miles away

Nearest school

1.10 miles away

Nearest train station

9.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Price changed to £780,000

February 28, 2025

Listed for £800,000

July 29, 2024

Floor Plans

Description

  • Substantial detached four/five bedroom family house +
  • Set on a generous plot with tennis court +
  • Large bespoke kitchen living/breakfast room +
  • Landscaped gardens and grounds with views of the Wolds +
  • Proximity to Louth (approximately 4.4 miles) +
  • EPC Rating = E +

Handsome five bedroom family home with mature grounds and tennis court, situated in the heart of the beautiful Lincolnshire Wolds.

Description

The Gables enjoys an enviable rural position in the popular village of Utterby with fantastic views over open fields to the scenic Lincolnshire Wolds rolling countryside. Originally constructed in the 1960s the property was substantially extended on two storeys in 2006 creating the magnificent open plan kitchen/family room and the superb master suite directly above. The highlight of the house is certainly its stunning and well-established gardens, which are private with no overlooking neighbours and ideally angled to capture the sun throughout the day. Internally the home is decorated in a complementary style that’s both traditional with contemporary touches, including the bespoke fitted kitchen and stylish bath and shower rooms. The handsome detached home has high ceilings and generous proportions throughout making it the perfect house for entertaining, with equally spacious grounds for dining outside in the warmer months.

The impressive accommodation extends to over 4000 sq ft across two floors, with the multiple reception rooms making the home an excellent choice for families with ample space for both formal and informal family occasions. The ground floor is accessed via a wide and welcoming entrance hall with cloakroom/WC leading through to the double-aspect sitting room with composite marble fireplace and sliding doors out to the rear patio, adjoining dining room and well-sized study which is also used as an additional ground floor fifth bedroom. From here is the exceptional Habit kitchen/family room with breakfast bar, walk-in pantry, AGA cooker and adjacent utility room. On the first floor is the generous principal suite benefitting from large windows affording excellent natural light with lovely views across open fields, fitted wardrobes and an en suite bathroom with underfloor heating, integrated bathtub and glass-fronted mixer shower. There is a further double bedroom with en suite facilities, two additional doubles with built-in storage and a family bathroom.

Occupying a wonderfully secluded plot the wisteria-fronted home is approached via a private tarmac driveway with a neat front garden laid to lawn with attractive box hedging and access to an integral single garage. The majority of the outside space is situated to the rear, where there is a beautifully landscaped garden with a favourable south-easterly aspect. The garden is a particular feature and comprises a large rolling lawn flanked with ornamental trees, mature shrubs and bushes along the rear boundary with a flagstone patio perfectly designed for al fresco dining with spectacular views towards the Wolds. To the rear is a hard tennis court enclosed by tall hedges providing an excellent degree of privacy.

Location

The property enjoys a sought-after setting location on the far western outskirts of Utterby which benefits from a village school, a parish room by the village green, a number of historic houses and the 14th century Pack Horse Bridge which is believed to have provided access to the church from the former Gilbertine Priory.

The market town of Louth is approximately five miles from Utterby and 11 miles from Grimsby. There is a direct route to the Humberside airport which is approximately 20 miles away. Church Lane leads to the A16 on one side, giving direct access to Louth and Grimsby, whilst continuing in the opposite direction, the lane leads into open countryside along the foot of the Wolds which are designated an Area of Outstanding Natural Beauty. For leisure, there are a variety of wonderful walking, cycling and riding routes in the surrounding countryside, while the Lincolnshire coast is just 11.8 miles away.

Disclaimer: All journey times and distances are approximate.

Square Footage: 4,016 sq ft

Acreage: 0.79 Acres

Additional Info

Mains Water

Electricity

Mains Drainage

Central Heating Oil Fired.

Fibre Broadband.

Local Authority: East Lindsey District Council.

Photography taken: June 2023

Agent Details

Savills, Lincoln

020 3909 6710

Next Steps?

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