3 Bed Semi-Detached House, Single Let, Louth, LN11 0EA, £238,000

73 Grimsby Road, Louth, Lincolnshire, LN11 0EA - 2 years ago

BTL
~97 m²
+14 photos

ValuationOvervalued

Sold Prices£100K - £560K
Sold Prices/m²£1.2K/m² - £2.8K/m²

 

 

Square Metres

~97.20 m²
Price/m²£2.4K/m²

Value Estimate

£192,498

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£59,500

Stamp Duty & Legal Fees

£8,340

Total Cash In

£67,840

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£735

Running Costs/mo

£911

Cashflow/mo

£-176

Cashflow/yr

£-2,109

Gross Yield

4%

Local Sold Prices

50 sold prices from £100K to £560K, average is £185K. £1.2K/m² to £2.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£145.9K11/200.09 mi14, Goodwood Close, Louth, Lincolnshire LN11 0YN3
£275K12/200.09 mi66, Grimsby Road, Louth, Lincolnshire LN11 0DZ3
£200K12/200.09 mi78, Grimsby Road, Louth, Lincolnshire LN11 0DZ3
£100K01/230.11 mi12, Longleat Drive, Louth, Lincolnshire LN11 0YW3
£175K09/230.14 mi4, Blenheim Close, Louth, Lincolnshire LN11 0HX3
£160K10/220.15 mi5, Woburn Close, Louth, Lincolnshire LN11 0HU3
£155K02/230.16 mi9, Woburn Close, Louth, Lincolnshire LN11 0HU3
£194K05/210.21 mi23, Sandringham Drive, Louth, Lincolnshire LN11 0JE3
£187K06/210.27 mi29, Harewood Crescent, Louth, Lincolnshire LN11 0JD3
£195K11/200.39 mi117, High Holme Road, Louth, Lincolnshire LN11 0HD3
£124.5K03/210.39 mi79, High Holme Road, Louth, Lincolnshire LN11 0HD3
£145K09/210.41 mi57, Broadbank, Louth, Lincolnshire LN11 0EW3
£220K11/200.41 mi56, Broadbank, Louth, Lincolnshire LN11 0EW3
£150K03/210.41 mi58, Broadbank, Louth, Lincolnshire LN11 0EW3
£145.5K02/230.42 mi6, Grimsby Road, Louth, Lincolnshire LN11 0DX3
£205K05/230.42 mi29, Union Street, Louth, Lincolnshire LN11 0ES3
£225K02/230.44 mi14, Cedar Close, Louth, Lincolnshire LN11 0EH3
£146K10/210.47 mi146, High Holme Road, Louth, Lincolnshire LN11 0HE3
£180K03/210.47 mi110, High Holme Road, Louth, Lincolnshire LN11 0HE3
£239.9K01/210.5 mi21, Broadbank, Louth, Lincolnshire LN11 0EQ3
£197.5K05/230.52 mi44, Leakes Row, Louth, Lincolnshire LN11 0JZ3
£440K04/230.52 mi32, Bridge Street, Louth, Lincolnshire LN11 0DP3
£165K11/200.53 miMyrtle Cottage, Spout Yard, Louth, Lincolnshire LN11 0LW3
£120K08/210.54 mi73, Newbridge Hill, Louth, Lincolnshire LN11 0JU3
£220K11/230.55 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£184K09/210.56 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£239K06/210.57 miMallards Mead, Northgate, Louth, Lincolnshire LN11 0LT3
£138K08/210.58 mi4, Eve Street, Louth, Lincolnshire LN11 0JL3
£179K08/210.59 mi7, Newbridge Hill, Louth, Lincolnshire LN11 0NQ3
£145K04/210.6 mi42, Michael Foale Lane, Louth, Lincolnshire LN11 0GT3
£110K06/210.61 mi5, Upgate, Louth, Lincolnshire LN11 9ER3
£260K07/230.61 mi42, Brackenborough Road, Louth, Lincolnshire LN11 0AE3
£132K08/230.62 mi46, James Street, Louth, Lincolnshire LN11 0JW3
£125K10/220.62 mi58b, James Street, Louth, Lincolnshire LN11 0JW3
£175K09/230.62 mi82, Brackenborough Road, Louth, Lincolnshire LN11 0AQ3
£155K07/210.65 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£220K11/220.66 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£370K06/230.68 mi25, Gospelgate, Louth, Lincolnshire LN11 9JZ3
£104.2K12/200.68 mi26, Gospelgate, Louth, Lincolnshire LN11 9JX3
£260K06/230.68 mi29, Ramsgate, Louth, Lincolnshire LN11 0NB3
£202K10/220.68 mi19, Ramsgate, Louth, Lincolnshire LN11 0NB3
£105K11/220.69 mi83, Jubilee Crescent, Louth, Lincolnshire LN11 0AL3
£267.5K11/220.69 mi45, Keddington Road, Louth, Lincolnshire LN11 0AU3
£220K09/210.7 mi1, Amanda Drive, Louth, Lincolnshire LN11 0AZ3
£203K11/230.7 mi8, Amanda Drive, Louth, Lincolnshire LN11 0AZ3
£254K11/200.7 mi55, Victoria Road, Louth, Lincolnshire LN11 0BU3
£250K11/230.71 mi74, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£181K02/230.71 mi23, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£186K04/210.71 mi27, Victoria Road, Louth, Lincolnshire LN11 0BU3
£560K05/230.71 miOld Hall, Brackenborough Road, Louth, Lincolnshire LN11 0NP3

Local Rents

24 rents from £700/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79505/240.11 miArundel Drive, Louth. LN11 0HZ3
£85005/240.26 miChatsworth Drive, Louth3
£1,10005/240.44 miHigh Holme Road, Louth3
£1,00006/240.48 miSt. Marys Lane, Louth3
£75005/240.56 miNichol Hill, Louth, LN113
£85003/250.61 mi-3
£75005/240.68 miRamsgate, Louth3
£85005/240.68 miGospelgate, Louth3
£79505/240.68 miGospelgate, Louth3
£73505/240.69 mi-3
£82503/250.69 mi-3
£87505/240.7 mi-3
£87505/240.7 miFulmar Drive, Louth, LN113
£70005/240.71 miFulmar Drive, Louth. LN11 0ST3
£85005/240.77 mi-3
£1,00005/240.78 miLincoln Road/St Marys, Louth3
£75005/240.81 miPriory Road, Louth3
£87505/240.81 miOld Chapel Mews, Louth, LN113
£1,10005/240.86 miHorncastle Road, Louth3
£75005/240.95 miSt. Bernards Avenue, Louth3
£75006/240.95 miSt. Bernards Avenue, Louth3
£85005/241.18 mi-3
£85006/241.18 miBroadley Crescent, Louth, LN113
£85005/241.2 miSeymour Avenue, Louth3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.46 miles away

Nearest school

0.50 miles away

Nearest train station

12.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £238,000

May 17, 2023

Sold for £146,500

2005

Floor Plans

Description

  • Traditional attractive bay windowed semi detached property +
  • Being sold with NO FORWARD CHAIN +
  • Entrance Hall, Spacious lounge, dining room, kitchen and wc +
  • Three good sized bedrooms and bathroom +
  • Gardens to front and rear - the rear being private. +
  • Nearby to local amenities, schools and transport links +
  • Off road parking for multiple cars plus detached single brick garage +
  • Energy performance rating D and Council tax band C +

This attractive, bay fronted, traditional THREE BEDROOM semi-detached house is located at the top end of Grimsby Road and within easy access to local schools and the historic town centre. Offered with NO FORWARD CHAIN, this ideal family home offers an entrance hall with a stunning OAK AND GLAZED STAIRCASE, spacious lounge open plan to the dining room, modern fitted kitchen and ground floor WC. To the first floor there are three bedrooms with two double bedrooms and one single plus the bathroom. the property has uPVC double glazed and is gas centrally heated. Externally there are well presented gardens to the front and rear with a detached single brick garage and off road parking on the driveway for up to three vehicles.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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