4 Bed Detached House, Single Let, Louth, LN11 9HG, £950,000

Upgate, Louth, LN11 9HG - 2 years ago

BTL
~129 m²
+21 photos

ValuationOvervalued

Sold Prices£118K - £620K
Sold Prices/m²£1.1K/m² - £5.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£7.3K/m²

Value Estimate

£282,411

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£237,500

Stamp Duty & Legal Fees

£65,950

Total Cash In

£303,450

 

 

Cash Out

 

Rent Range

£700 - £1,500

Rent Estimate

£735

Running Costs/mo

£3,136

Cashflow/mo

£-2,401

Cashflow/yr

£-28,809

Gross Yield

1%

Local Sold Prices

50 sold prices from £118K to £620K, average is £316K. £1.1K/m² to £5.3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£290K09/210.04 mi3, Quarryside, Louth, Lincolnshire LN11 9JE4
£392.5K03/210.13 mi13, St James View, Louth, Lincolnshire LN11 9XY4
£445K09/210.16 mi12, Blue Stone Rise, Louth, Lincolnshire LN11 9XZ4
£600K10/230.19 mi17, Horncastle Road, Louth, Lincolnshire LN11 9LB4
£600K10/230.19 mi17, Horncastle Road, Louth, Lincolnshire LN11 9LB4
£245K10/210.22 mi84, Newmarket, Louth, Lincolnshire LN11 9EQ4
£385K04/230.23 mi35, Linden Walk, Louth, Lincolnshire LN11 9HT4
£118K10/200.27 mi123, Church Street, Louth, Lincolnshire LN11 9DE4
£375K06/230.38 mi13, Robinson Lane, Louth, Lincolnshire LN11 9FB4
£302K02/210.42 mi20, Pippin Close, Louth, Lincolnshire LN11 9FF4
£195K07/210.43 mi12, Cedar Close, Louth, Lincolnshire LN11 0EH4
£295K11/200.44 mi3, Kiln Lane, Louth, Lincolnshire LN11 0LG4
£160.5K03/210.44 mi43, Watts Lane, Louth, Lincolnshire LN11 9DG4
£317K02/210.49 mi24, St Marys Lane, Louth, Lincolnshire LN11 0DT4
£620K11/200.49 mi54, St Marys Lane, Louth, Lincolnshire LN11 0DT4
£495K11/220.51 mi6, St Marys Park, Louth, Lincolnshire LN11 0EF4
£320K10/210.51 mi21, High Holme Road, Louth, Lincolnshire LN11 0EX4
£370K05/230.51 mi21, High Holme Road, Louth, Lincolnshire LN11 0EX4
£240K03/210.52 mi52, High Holme Road, Louth, Lincolnshire LN11 0EY4
£505K07/230.55 mi46, St Marys Park, Louth, Lincolnshire LN11 0EF4
£575K12/230.55 mi1, St Marys Park, Louth, Lincolnshire LN11 0EF4
£460K09/210.55 mi1, St Marys Park, Louth, Lincolnshire LN11 0EF4
£252.5K09/230.59 mi3, Spire View Road, Louth, Lincolnshire LN11 8SL4
£335K11/230.61 mi1, Mayfield Crescent, Louth, Lincolnshire LN11 8EQ4
£315K12/200.61 mi1a, Mayfield Crescent, Louth, Lincolnshire LN11 8EQ4
£395K06/210.65 mi50, Kenwick Road, Louth, Lincolnshire LN11 8EG4
£260K12/200.65 mi36, Kenwick Road, Louth, Lincolnshire LN11 8EG4
£465K10/220.66 mi4, Kenwick Pastures, Louth, Lincolnshire LN11 8EE4
£257K06/230.66 mi14, Florence Wright Avenue, Louth, Lincolnshire LN11 8EJ4
£250K10/220.68 mi9, Alder Close, Louth, Lincolnshire LN11 8XB4
£445K09/230.71 mi6, Beck Way, Louth, Lincolnshire LN11 8XH4
£235K12/200.75 mi82, Grimsby Road, Louth, Lincolnshire LN11 0DZ4
£330K09/210.77 mi2, Hill Rise, Louth, Lincolnshire LN11 0YY4
£357K03/210.77 mi3, Hill Rise, Louth, Lincolnshire LN11 0YY4
£470K09/230.79 mi30, Victoria Road, Louth, Lincolnshire LN11 0BX4
£305K11/210.8 mi28, Eresbie Road, Louth, Lincolnshire LN11 8YG4
£320K11/230.8 mi3, Eresbie Road, Louth, Lincolnshire LN11 8YG4
£415K11/220.8 mi64, Eresbie Road, Louth, Lincolnshire LN11 8YG4
£245K03/210.82 mi9, Kenwick Close, Louth, Lincolnshire LN11 8EP4
£241K05/210.82 mi12, Kenwick Close, Louth, Lincolnshire LN11 8EP4
£350K10/230.82 mi7, Langley Close, Louth, Lincolnshire LN11 8YP4
£255K03/210.85 mi6, Blanchard Road, Louth, Lincolnshire LN11 8YH4
£340K06/230.88 mi11, Davey Close, Louth, Lincolnshire LN11 0AB4
£217K11/200.88 mi11, Stutte Close, Louth, Lincolnshire LN11 8YN4
£315K02/210.88 mi6, Stutte Close, Louth, Lincolnshire LN11 8YN4
£185K03/210.88 mi34, Brackenborough Road, Louth, Lincolnshire LN11 0AE4
£312K01/230.88 mi19, Eastfield Road, Louth, Lincolnshire LN11 7AJ4
£190K03/230.91 mi34, Riverhead, Louth, Lincolnshire LN11 0DD4
£176K10/200.94 mi4, Mallard Ings, Louth, Lincolnshire LN11 0FD4
£125K11/201 mi19, Keddington Crescent, Louth, Lincolnshire LN11 0AP4

Local Rents

33 rents from £700/mo to £1.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85005/240.18 miGospelgate, Louth3
£79505/240.18 miGospelgate, Louth3
£1,10005/240.21 miHorncastle Road, Louth3
£1,40006/240.23 miLinden Walk, Louth, LN115
£75005/240.29 miNichol Hill, Louth, LN113
£85005/240.39 miSeymour Avenue, Louth3
£75005/240.43 miRamsgate, Louth3
£75005/240.45 miPriory Road, Louth3
£1,00006/240.49 miSt. Marys Lane, Louth3
£1,10005/240.62 miHigh Holme Road, Louth3
£1,50005/240.63 miButtercup Lane, Louth4
£1,14509/240.64 mi-4
£87505/240.68 miOld Chapel Mews, Louth, LN113
£92512/240.68 miPasture Drive, Louth3
£1,35005/240.71 miWestfield Park , Louth4
£1,00005/240.71 miLincoln Road/St Marys, Louth3
£75005/240.78 miSt. Bernards Avenue, Louth3
£75006/240.78 miSt. Bernards Avenue, Louth3
£79505/240.81 miArundel Drive, Louth. LN11 0HZ3
£85005/240.83 miChatsworth Drive, Louth3
£85005/240.89 mi-3
£85006/240.89 miBroadley Crescent, Louth, LN113
£85005/240.94 miBuddlela Drive, Alexander Park, Louth3
£92505/240.96 miLavender Way, Louth3
£90012/240.97 mi-3
£85003/250.99 mi-3
£85005/241 mi-3
£73505/241.05 mi-3
£82503/251.05 mi-3
£70005/241.06 miFulmar Drive, Louth. LN11 0ST3
£87505/241.06 mi-3
£87505/241.06 miFulmar Drive, Louth, LN113
£1,20006/241.15 miAcorn Avenue, Louth, LN114

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.42 miles away

Nearest school

0.20 miles away

Nearest train station

13.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £950,000

July 28, 2023

Floor Plans

Description

  • Stunning contemporary family home +
  • Accommodation across three levels +
  • 4 bedrooms; two en-suite +
  • Master bedroom with en-suite and dressing room +
  • Rooftop style lounge and balcony +
  • Triple garage; sweeping driveway +
  • Private, south facing rear garden +
  • East Lindsay District Council- Tax Band- F +
  • All mains services- photovoltaic panels- EPC- B +

A rare opportunity has arisen to own this unique and striking residence in the vibrant Lincolnshire market town of Louth, known as the capital of the Wolds.
The Glasshouse is a stunning example of contemporary architecture which brings together high quality building materials such as warm Siberian larch timber cladding, mellow buff brickwork and light inducing floor to ceiling windows and doors with bold design features such as a cantilevered first floor with outdoor seating and entertaining area and an incredible second floor with 360 degree glazing and balcony, which gives this most wonderful of homes its name.

The equally impressive range of light filled internal living accommodation is further complimented by the very best in luxury fitment and fittings with stylish touches throughout and an acute attention to detail.

An ’Airflow’ Mechanical Heat Recovery Ventilation System delivers fresh air throughout the home to create a healthy and pleasant living environment, whilst also recovering heat from the home to warm incoming air, which together with solar panels add to the home’s eco friendly credentials.

Outside the property boasts spacious and beautifully landscaped gardens which nestle into the hillside of this former quarry with overarching trees to the rear, creating a sense of both security and privacy. A sweeping block paved driveway leads to the triple garage and provides a plentiful parking area with raised gabion basket edged gardens to the surrounding areas.

Agent Details

Robert Bell & Company, Horncastle

01507 307744

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪