4 Bed Detached House, Single Let, Louth, LN11 0NB, £299,950

37 Ramsgate, Louth, Lincolnshire, LN11 0NB - 1 views - 2 years ago

BTL
135 m²
+12 photos

ValuationOvervalued

Sold Prices£115K - £620K
Sold Prices/m²£1.1K/m² - £5.3K/m²

 

 

Square Metres

135.32 m²
Price/m²£2.2K/m²

Value Estimate

£280,886

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£74,988

Stamp Duty & Legal Fees

£12,696

Total Cash In

£87,684

 

 

Cash Out

 

Rent Range

£700 - £1,400

Rent Estimate

£750

Running Costs/mo

£1,107

Cashflow/mo

£-357

Cashflow/yr

£-4,288

Gross Yield

3%

Local Sold Prices

51 sold prices from £115K to £620K, average is £317K. £1.1K/m² to £5.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£295K11/200.26 mi3, Kiln Lane, Louth, Lincolnshire LN11 0LG4
£240K03/210.29 mi52, High Holme Road, Louth, Lincolnshire LN11 0EY4
£195K07/210.3 mi12, Cedar Close, Louth, Lincolnshire LN11 0EH4
£320K10/210.32 mi21, High Holme Road, Louth, Lincolnshire LN11 0EX4
£370K05/230.32 mi21, High Holme Road, Louth, Lincolnshire LN11 0EX4
£470K09/230.33 mi30, Victoria Road, Louth, Lincolnshire LN11 0BX4
£375K06/230.4 mi13, Robinson Lane, Louth, Lincolnshire LN11 9FB4
£302K02/210.41 mi20, Pippin Close, Louth, Lincolnshire LN11 9FF4
£118K10/200.43 mi123, Church Street, Louth, Lincolnshire LN11 9DE4
£245K10/210.43 mi84, Newmarket, Louth, Lincolnshire LN11 9EQ4
£185K03/210.44 mi34, Brackenborough Road, Louth, Lincolnshire LN11 0AE4
£190K03/230.46 mi34, Riverhead, Louth, Lincolnshire LN11 0DD4
£160.5K03/210.46 mi43, Watts Lane, Louth, Lincolnshire LN11 9DG4
£312K01/230.46 mi19, Eastfield Road, Louth, Lincolnshire LN11 7AJ4
£340K06/230.47 mi11, Davey Close, Louth, Lincolnshire LN11 0AB4
£252.5K09/230.49 mi3, Spire View Road, Louth, Lincolnshire LN11 8SL4
£176K10/200.5 mi4, Mallard Ings, Louth, Lincolnshire LN11 0FD4
£290K09/210.5 mi3, Quarryside, Louth, Lincolnshire LN11 9JE4
£385K04/230.51 mi35, Linden Walk, Louth, Lincolnshire LN11 9HT4
£495K11/220.54 mi6, St Marys Park, Louth, Lincolnshire LN11 0EF4
£125K11/200.54 mi19, Keddington Crescent, Louth, Lincolnshire LN11 0AP4
£320K08/230.54 mi57, Keddington Road, Louth, Lincolnshire LN11 0BA4
£115K10/200.58 mi1, Jubilee Crescent, Louth, Lincolnshire LN11 0AL4
£392.5K03/210.58 mi13, St James View, Louth, Lincolnshire LN11 9XY4
£445K09/210.61 mi12, Blue Stone Rise, Louth, Lincolnshire LN11 9XZ4
£357K03/210.61 mi3, Hill Rise, Louth, Lincolnshire LN11 0YY4
£330K09/210.61 mi2, Hill Rise, Louth, Lincolnshire LN11 0YY4
£620K11/200.61 mi54, St Marys Lane, Louth, Lincolnshire LN11 0DT4
£317K02/210.61 mi24, St Marys Lane, Louth, Lincolnshire LN11 0DT4
£235K12/200.62 mi82, Grimsby Road, Louth, Lincolnshire LN11 0DZ4
£460K09/210.62 mi1, St Marys Park, Louth, Lincolnshire LN11 0EF4
£505K07/230.62 mi46, St Marys Park, Louth, Lincolnshire LN11 0EF4
£575K12/230.62 mi1, St Marys Park, Louth, Lincolnshire LN11 0EF4
£600K10/230.62 mi17, Horncastle Road, Louth, Lincolnshire LN11 9LB4
£600K10/230.62 mi17, Horncastle Road, Louth, Lincolnshire LN11 9LB4
£242.5K02/230.63 mi26, Elm Drive, Louth, Lincolnshire LN11 0DQ4
£192.5K03/210.64 mi123, Eastfield Road, Louth, Lincolnshire LN11 7AS4
£275K05/230.65 mi3, Anthony Crescent, Louth, Lincolnshire LN11 0AY4
£191K01/210.7 mi22, Amanda Drive, Louth, Lincolnshire LN11 0AZ4
£315K12/200.73 mi1a, Mayfield Crescent, Louth, Lincolnshire LN11 8EQ4
£335K11/230.73 mi1, Mayfield Crescent, Louth, Lincolnshire LN11 8EQ4
£250K10/220.73 mi9, Alder Close, Louth, Lincolnshire LN11 8XB4
£445K09/230.76 mi6, Beck Way, Louth, Lincolnshire LN11 8XH4
£257K06/230.78 mi14, Florence Wright Avenue, Louth, Lincolnshire LN11 8EJ4
£372K01/210.78 mi3, Abbey Park, Louth, Lincolnshire LN11 7BB4
£260K12/200.8 mi36, Kenwick Road, Louth, Lincolnshire LN11 8EG4
£395K06/210.8 mi50, Kenwick Road, Louth, Lincolnshire LN11 8EG4
£350K10/230.85 mi7, Langley Close, Louth, Lincolnshire LN11 8YP4
£465K10/220.86 mi4, Kenwick Pastures, Louth, Lincolnshire LN11 8EE4
£415K11/220.86 mi64, Eresbie Road, Louth, Lincolnshire LN11 8YG4
£305K11/210.87 mi28, Eresbie Road, Louth, Lincolnshire LN11 8YG4

Local Rents

21 rents from £700/mo to £1.4K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£75005/240.03 miRamsgate, Louth3
£75005/240.14 miPriory Road, Louth3
£87505/240.24 miOld Chapel Mews, Louth, LN113
£1,10005/240.26 miHigh Holme Road, Louth3
£75005/240.3 miNichol Hill, Louth, LN113
£75005/240.37 miSt. Bernards Avenue, Louth3
£75006/240.37 miSt. Bernards Avenue, Louth3
£85005/240.47 miGospelgate, Louth3
£79505/240.47 miGospelgate, Louth3
£1,40006/240.51 miLinden Walk, Louth, LN115
£85005/240.53 miChatsworth Drive, Louth3
£85005/240.54 mi-3
£85003/250.55 mi-3
£85005/240.56 mi-3
£85006/240.56 miBroadley Crescent, Louth, LN113
£79505/240.59 miArundel Drive, Louth. LN11 0HZ3
£73505/240.61 mi-3
£82503/250.61 mi-3
£70005/240.61 miFulmar Drive, Louth. LN11 0ST3
£87505/240.62 mi-3
£87505/240.62 miFulmar Drive, Louth, LN113

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.27 miles away

Nearest school

0.20 miles away

Nearest train station

13.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £299,950

September 12, 2023

Sold for £158,000

2011

Sold for £55,000

1995

Floor Plans

Description

  • Four bedroom detached period home +
  • Heart of the market town of Louth right opposite the River Ludd +
  • Gas central heating +
  • Entrance porch, hallway, living room, sitting/dining room, breakfast kitchen, sunroom, utility and w.c. +
  • Landing, four bedrooms, three of which are doubles and a modern family bathroom +
  • Off road parking for a couple of cars to the front +
  • Good sized established rear garden enjoying a sunny aspect +
  • Energy performance rating E and council tax band B +

We are pleased to be able to bring to the market this well proportioned FOUR bedroom detached family home located in the center of the market town of Louth right opposite the River Ludd within this popular conservation area. With viewing considered essential to truly appreciate the character and the potential that this property has to offer, the property boasts a generously sized mature rear private garden which enjoys a sunny aspect and has off street parking for at least two cars to the front. Benefitting from gas central heating this lovely property briefly comprises entrance porch, hallway, bay fronted living room sitting/dining room, breakfast kitchen, sun room, utility and downstairs WC. To the first floor you find a light and airy landing and four bedrooms, three of which are doubles and finally a modern family bathroom. As mentioned the rear garden is of a great size not formally found within the centre of Louth and offers lawned area, patio, an abundance of shrubs, plants, trees, including fruit trees and garden shed.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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