2 Bed Semi-Detached House, Single Let, Louth, LN11 9BJ, £115,000

27a Queen Street Louth LN11 9BJ - 2 years ago

BTL
~72 m²
+3 photos

ValuationUndervalued

Sold Prices£73.5K - £336.5K
Sold Prices/m²£1.2K/m² - £5.1K/m²

 

 

Square Metres

~72.20 m²
Price/m²£1.6K/m²

Value Estimate

£138,673
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£425 - £775

Rent Estimate

£425

Running Costs/mo

£464

Cashflow/mo

£-39

Cashflow/yr

£-472

Gross Yield

4%

Local Sold Prices

51 sold prices from £73.5K to £336.5K, average is £125K. £1.2K/m² to £5.1K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£108K02/210.07 mi4, Northgate Place, Louth, Lincolnshire LN11 0QL2
£73.5K02/210.09 miChapel Cottage, Northgate, Louth, Lincolnshire LN11 0LY2
£109K06/210.1 mi55, Kidgate, Louth, Lincolnshire LN11 9BT2
£140K04/230.1 mi51, Kidgate, Louth, Lincolnshire LN11 9BT2
£95K06/210.11 mi50, Kidgate, Louth, Lincolnshire LN11 9BU2
£122K09/210.13 mi18, Kidgate, Louth, Lincolnshire LN11 9HN2
£90K03/210.15 mi26, James Street, Louth, Lincolnshire LN11 0JW2
£185K09/230.16 mi56, Aswell Street, Louth, Lincolnshire LN11 9HP2
£120K11/220.16 mi7, Nichol Hill, Louth, Lincolnshire LN11 9NQ2
£97K10/210.16 mi1, Kidgate Mews, Louth, Lincolnshire LN11 9HA2
£129.6K08/210.17 mi22, Ashley Road, Louth, Lincolnshire LN11 9DB2
£135K08/210.18 mi6, Spout Yard, Louth, Lincolnshire LN11 0LW2
£133K11/200.18 mi51, Church Street, Louth, Lincolnshire LN11 9BZ2
£189.9K09/230.19 mi37, Lee Street, Louth, Lincolnshire LN11 9HJ2
£137K11/230.19 mi43, Newmarket, Louth, Lincolnshire LN11 9HR2
£120K11/210.21 mi3, St Michaels Road, Louth, Lincolnshire LN11 9DA2
£122K12/230.21 mi1, St Michaels Road, Louth, Lincolnshire LN11 9DA2
£122K12/230.21 mi1, St Michaels Road, Louth, Lincolnshire LN11 9DA2
£100K03/210.21 mi46, Little Lane, Louth, Lincolnshire LN11 9DU2
£126K03/210.21 mi42, Little Lane, Louth, Lincolnshire LN11 9DU2
£136K03/230.21 mi46, Little Lane, Louth, Lincolnshire LN11 9DU2
£116K08/230.21 mi22, Little Lane, Louth, Lincolnshire LN11 9DU2
£112K01/240.21 mi26, Little Lane, Louth, Lincolnshire LN11 9DU2
£155K04/240.21 mi16, Little Lane, Louth, Lincolnshire LN11 9DU2
£336.5K03/240.23 mi2, Gospelgate Mews, Louth, Lincolnshire LN11 9JX2
£95K12/200.23 mi2, Priory Road, Louth, Lincolnshire LN11 9AL2
£87.5K05/230.23 mi8, Priory Road, Louth, Lincolnshire LN11 9AL2
£170K03/230.24 mi15, Cedar Close, Louth, Lincolnshire LN11 0EH2
£130K05/210.25 mi12, Wellington Street, Louth, Lincolnshire LN11 0JS2
£121K06/210.25 mi4, Wellington Street, Louth, Lincolnshire LN11 0JS2
£142.5K01/230.25 mi6, Wellington Street, Louth, Lincolnshire LN11 0JS2
£139.9K02/210.26 mi1a, Little South Street, Louth, Lincolnshire LN11 9JR2
£128.5K11/230.26 mi8, Little South Street, Louth, Lincolnshire LN11 9JR2
£94K05/210.26 mi180b, Eastgate, Louth, Lincolnshire LN11 9AG2
£116K04/210.26 mi182, Eastgate, Louth, Lincolnshire LN11 9AG2
£180K04/230.27 mi2, Cistern Gate, Louth, Lincolnshire LN11 0ER2
£105K11/200.27 mi78, Church Street, Louth, Lincolnshire LN11 9DD2
£91.5K07/210.27 mi82, Church Street, Louth, Lincolnshire LN11 9DD2
£137.5K11/220.27 mi35, Charles Street, Louth, Lincolnshire LN11 0LB2
£124K06/210.27 mi22, Mount Pleasant, Louth, Lincolnshire LN11 9DR2
£118K11/210.27 mi117, Newmarket, Louth, Lincolnshire LN11 9EG2
£126K09/230.27 mi101, Newmarket, Louth, Lincolnshire LN11 9EG2
£111K12/200.27 mi97, Newmarket, Louth, Lincolnshire LN11 9EG2
£125K10/210.28 mi42, Hawthorne Avenue, Louth, Lincolnshire LN11 0LD2
£153K05/230.28 mi114, Upgate, Louth, Lincolnshire LN11 9HG2
£165K07/230.29 mi63, Broadbank, Louth, Lincolnshire LN11 0EW2
£162K05/230.29 mi15, Union Street, Louth, Lincolnshire LN11 0ES2
£85K09/210.29 mi117, Church Street, Louth, Lincolnshire LN11 9DE2
£140K05/230.3 mi58, High Holme Road, Louth, Lincolnshire LN11 0EY2
£135K12/230.3 mi60, High Holme Road, Louth, Lincolnshire LN11 0EY2
£184K10/210.31 mi7, Somersby Court, Louth, Lincolnshire LN11 9NN2

Local Rents

42 rents from £425/mo to £775/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£62505/240.06 miThe Gatherums, Queen Street Place2
£42505/240.06 miEastgate, Louth2
£42506/240.06 miEastgate, Louth2
£57505/240.08 miEastgate, Louth, LN112
£57505/240.08 miEastgate, Louth, LN112
£65006/240.1 miKidgate, Louth2
£57505/240.1 miNorthgate Court2
£57505/240.1 miNorthgate Court2
£57505/240.11 miKidgate, Louth2
£54503/250.13 mi-2
£52010/240.13 mi-2
£65012/240.14 mi-2
£65005/240.16 miNorthgate Court, Louth. LN11 0LZ2
£75006/240.17 miRoyal Oak Court, Louth2
£60005/240.18 miMawers Yard, Kidgate, Louth2
£61505/240.18 miRoyal Oak Court, Louth LN11 9JA2
£49505/240.18 miChurch Street, Louth, LN11 9BZ2
£59506/240.19 miBexon Court, Louth2
£56512/240.2 miJames Street, Louth2
£62505/240.2 miUpgate, Louth2
£58005/240.21 miSt Michaels Road, Louth LN11 9DA2
£62505/240.24 miRamsgate Louth LN11 0NE2
£59505/240.24 miBridge View, Ramsgate, Louth. LN11 0NE2
£65005/240.24 miPriory Road, Louth2
£67505/240.26 miLittle South Street, Louth, LN112
£57506/240.27 miGeorge Street, Louth2
£49506/240.28 miChurch Street, Louth2
£62506/240.29 mi7 Newbridge Court Newbridge Hill Louth LN11 0NQ2
£67502/240.29 mi-2
£67503/250.29 mi-2
£55004/240.3 mi-2
£65006/240.31 miParsons Halt, Louth2
£55012/240.31 mi-2
£77505/240.32 miWestgate, Louth2
£60003/250.32 mi-2
£55006/240.44 miLeakes Row, Louth2
£62505/240.48 miCommercial Road, Louth2
£65005/240.49 mi-2
£64512/240.49 mi-2
£55005/240.56 mi3 Waterside Mews Eastgate Louth LN11 8DD2
£60012/240.58 miOld School Court, Eastfield Road, Louth2
£75005/240.6 miTroutbeck, Westgate, Louth, LN112

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.22 miles away

Nearest school

0.10 miles away

Nearest train station

13.55 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 £115,000

February 4, 2025

Price changed to £120,000

September 25, 2024

Listed for £125,000

August 23, 2023

Floor Plans

Description

An historic semi-detached house, dating back to the Pre Victorian era and conveniently situated in Louth’s town centre with only a short walk to it's amenities. The property offers good size accommodation including two double bedrooms, spacious lounge and kitchen and enjoys a private walled rear garden with pedestrian access via the neighbouring property. There is NO ONWARD CHAIN. EPC rating D.

Agent Details

John Taylors, Louth

01507 307697

Next Steps?

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