3 Bed Semi-Detached House, Planning Permission, Louth, LN11 0AT, £209,950

7 Lime Grove, Louth, Lincolnshire, LN11 0AT - 2 years ago

Planning
91 m²
+13 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,488

Stamp Duty & Legal Fees

£7,739

Total Cash In

£60,226

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£746

Running Costs/mo

£825

Cashflow/mo

£-79

Cashflow/yr

£-952

Gross Yield

4%













Local Rents

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

RentDateDistanceAddressBeds 
£85005/240.08 mi-3
£85002/250.16 mi-3
£73505/240.16 mi-3
£82503/250.16 mi-3
£70005/240.16 miFulmar Drive, Louth. LN11 0ST3
£87505/240.18 mi-3
£87505/240.18 miFulmar Drive, Louth, LN113
£87505/240.33 miOld Chapel Mews, Louth, LN113
£1,10005/240.36 miHigh Holme Road, Louth3
£75005/240.39 miSt. Bernards Avenue, Louth3
£75006/240.39 miSt. Bernards Avenue, Louth3
£85005/240.45 miChatsworth Drive, Louth3
£75005/240.49 miRamsgate, Louth3
£75005/240.54 miPriory Road, Louth3
£79505/240.6 miArundel Drive, Louth. LN11 0HZ3
£85005/240.6 mi-3
£85006/240.6 miBroadley Crescent, Louth, LN113

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.58 miles away

Nearest school

0.40 miles away

Nearest train station

13.01 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 £209,950

December 24, 2024

Listed for £217,950

September 8, 2023

Sold for £145,000

2017

Sold for £105,000

2006

Sold for £42,500

1999

Floor Plans

Description

  • Sizable Semi-Detached Property +
  • 3 Bedrooms +
  • Modern Kitchen/Diner +
  • Large South-Westerly Garden +
  • 4 Piece Bathroom Suite +
  • Ample Off Road Parking and Garage +
  • Double Glazing and Gas Central Heating +
  • Council Tax band B +
  • EPC D Rating +

This robust and generous semi-detached home offers an impressive spectrum of advantages to a full range of potential buyers; from spacious accommodation, an incredibly sized rear garden, to an abundance of off road parking. Suitably enhanced by a bright and modern decor, this is a property that should be seen to be fully appreciated.

Set in a popular residential area of Louth, Lime Grove is served by close proximity to Louth town centre and the host of amenities that this historic market town has to offer. Close access to the A16, as well as Louth hospital, also make it an ideal spot for those who may need to commute.

Entry into a bright and spacious entry hall sets the trend for the entire property as its well-appointed nature becomes apparent on further exploration. The lounge is a wonderfully comfortable space complete with feature fireplace and neutral decor while at the rear of the property can be found an extensive kitchen/diner with a wealth of fitted units and counter space. With patio doors leading out to the garden, this is a brilliantly versatile family space that is ideal for entertaining and works as a fantastic household hub.

First floor accommodation consists of three well-proportioned bedrooms and a modern four-piece bathroom suite. These ample rooms cater for the needs of an active house and renders the property suitable for new or even well-established families. The property further benefits from double glazing and gas central heating throughout.

Outside, this house continues to impress and boasts aspects that are incredibly difficult to compete with. A lengthy drive and easy maintenance frontage can easily accommodate offroad parking for multiple vehicles while a detached garage can be found to the rear of the property, a great addition for any buyer needing additional storage or even a potential workshop space.

One of the crowning glories of this property however is the extensive south-westerly rear garden which is a truly incredible size for a residential property and brings with it an enormous amount of scope. A brilliant space for family play, leisure or simply relaxation it is a wonderful space preserved for private use where others have even set the precedent for utilising their similar sized gardens on the street as building plots.

All in all, this property represents an incredible opportunity to acquire an established family home which offers both convenience and potential in equal measure. This agent would thoroughly recommend an internal viewing.

Agent Details

Relo Estate Agents, Covering Grimsby

01472 404360

Next Steps?

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