3 Bed Detached House, Single Let, Louth, LN11 0LY, £389,995

Library Close, Northgate, Louth, LN11 0LY - 10 months ago

BTL
~93 m²
+19 photos

ValuationOvervalued

Sold Prices£104.2K - £440K
Sold Prices/m²£1.2K/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£4.2K/m²

Value Estimate

£176,068

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£97,499

Stamp Duty & Legal Fees

£27,700

Total Cash In

£125,198

 

 

Cash Out

 

Rent Range

£750 - £1,100

Rent Estimate

£750

Running Costs/mo

£1,389

Cashflow/mo

£-639

Cashflow/yr

£-7,665

Gross Yield

2%

Local Sold Prices

50 sold prices from £104.2K to £440K, average is £174.5K. £1.2K/m² to £2.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£138K08/210.04 mi4, Eve Street, Louth, Lincolnshire LN11 0JL3
£132K08/230.06 mi46, James Street, Louth, Lincolnshire LN11 0JW3
£125K10/220.06 mi58b, James Street, Louth, Lincolnshire LN11 0JW3
£239K06/210.09 miMallards Mead, Northgate, Louth, Lincolnshire LN11 0LT3
£150K10/200.1 mi71, Queen Street, Louth, Lincolnshire LN11 9BJ3
£260K06/230.12 mi29, Ramsgate, Louth, Lincolnshire LN11 0NB3
£202K10/220.12 mi19, Ramsgate, Louth, Lincolnshire LN11 0NB3
£165K04/230.13 mi40, Queen Street, Louth, Lincolnshire LN11 9BL3
£239.9K01/210.16 mi21, Broadbank, Louth, Lincolnshire LN11 0EQ3
£145K03/210.17 mi10, Alexandra Road, Louth, Lincolnshire LN11 0ND3
£165K11/200.18 miMyrtle Cottage, Spout Yard, Louth, Lincolnshire LN11 0LW3
£225K02/230.19 mi14, Cedar Close, Louth, Lincolnshire LN11 0EH3
£127K12/220.2 mi52, Kidgate, Louth, Lincolnshire LN11 9BU3
£184K09/210.21 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£220K11/230.21 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£179K08/210.22 mi7, Newbridge Hill, Louth, Lincolnshire LN11 0NQ3
£227.5K08/210.24 mi190, Eastgate, Louth, Lincolnshire LN11 9AG3
£180K02/240.24 mi230, Eastgate, Louth, Lincolnshire LN11 9AG3
£110K06/210.24 mi5, Upgate, Louth, Lincolnshire LN11 9ER3
£145K09/210.25 mi57, Broadbank, Louth, Lincolnshire LN11 0EW3
£220K11/200.25 mi56, Broadbank, Louth, Lincolnshire LN11 0EW3
£150K03/210.25 mi58, Broadbank, Louth, Lincolnshire LN11 0EW3
£218K06/210.26 mi54b, Aswell Street, Louth, Lincolnshire LN11 9HP3
£205K05/230.27 mi29, Union Street, Louth, Lincolnshire LN11 0ES3
£440K04/230.27 mi32, Bridge Street, Louth, Lincolnshire LN11 0DP3
£146K10/210.28 mi146, High Holme Road, Louth, Lincolnshire LN11 0HE3
£180K03/210.28 mi110, High Holme Road, Louth, Lincolnshire LN11 0HE3
£145.5K02/230.28 mi6, Grimsby Road, Louth, Lincolnshire LN11 0DX3
£195K11/200.29 mi117, High Holme Road, Louth, Lincolnshire LN11 0HD3
£124.5K03/210.29 mi79, High Holme Road, Louth, Lincolnshire LN11 0HD3
£190K06/210.29 mi41, Lee Street, Louth, Lincolnshire LN11 9HJ3
£170K12/200.29 mi22, Lee Street, Louth, Lincolnshire LN11 9HJ3
£104.2K12/200.3 mi26, Gospelgate, Louth, Lincolnshire LN11 9JX3
£182.5K12/230.3 mi26, St Michaels Road, Louth, Lincolnshire LN11 9DA3
£157.5K05/210.31 mi41, Priory Close, Louth, Lincolnshire LN11 9AS3
£155K12/200.33 mi2, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£120K08/210.33 mi73, Newbridge Hill, Louth, Lincolnshire LN11 0JU3
£121.5K01/240.33 mi5, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£180K11/200.33 mi21, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£370K06/230.34 mi25, Gospelgate, Louth, Lincolnshire LN11 9JZ3
£195K05/210.35 mi19, South Street, Louth, Lincolnshire LN11 9JS3
£225K02/230.36 mi260, Eastgate, Louth, Lincolnshire LN11 8DJ3
£145K04/210.36 mi42, Michael Foale Lane, Louth, Lincolnshire LN11 0GT3
£227K03/210.36 mi35, Mount Pleasant, Louth, Lincolnshire LN11 9DW3
£205.5K10/210.37 mi30, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£150K02/210.37 mi14, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£229.9K07/210.37 mi32, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£170K01/210.37 mi4, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£140K11/200.37 mi63, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£153K06/230.37 mi5, Trinity Lane, Louth, Lincolnshire LN11 8DL3

Local Rents

14 rents from £750/mo to £1.1K/mo, average is £823/mo.

RentDateDistanceAddressBeds 
£75005/240.11 miRamsgate, Louth3
£75005/240.17 miNichol Hill, Louth, LN113
£75005/240.22 miPriory Road, Louth3
£1,10005/240.28 miHigh Holme Road, Louth3
£85005/240.34 miGospelgate, Louth3
£79505/240.34 miGospelgate, Louth3
£87505/240.37 miOld Chapel Mews, Louth, LN113
£75005/240.5 miSt. Bernards Avenue, Louth3
£75006/240.5 miSt. Bernards Avenue, Louth3
£1,00006/240.51 miSt. Marys Lane, Louth3
£85005/240.52 miChatsworth Drive, Louth3
£1,10005/240.52 miHorncastle Road, Louth3
£79505/240.55 miArundel Drive, Louth. LN11 0HZ3
£85005/240.62 miSeymour Avenue, Louth3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.17 miles away

Nearest school

0.20 miles away

Nearest train station

13.46 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 £389,995

December 4, 2024

Listed for £399,950

June 7, 2024

Floor Plans

Description

  • No Onward Chain +
  • Detached House +
  • Central Town Location +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Boot Room, Utility Room & Two Cloakrooms +
  • En-Suites off All the Bedrooms +
  • Balcony +
  • Low Maintenance Gardens +
  • Large Garage with Parking for Multiple Vehicles +

*NO ONWARD CHAIN*

Situated in the heart of Louth town centre within walking distance to shops and amenities is this pleasant detached property. Internally benefitting from an entrance hallway, boot room and cloakroom to the ground floor and spacious living throughout to the first floor, comprising a kitchen, utility room, cloakroom and two reception rooms, one with a balcony. As well as three generously sized bedrooms with en-suites off all of them.

Externally the property features a very large garage, ideal for storing your vehicles or creating a workshop space, with a low maintenance outside space to the side and rear of the property.

Internal viewing is advised to appreciate all this property has to offer.

Location - The historic market town of Louth; fondly known as the 'Capital of the Wolds' and beautifully positioned in an Area of Outstanding Natural Beauty is approximately 15 miles from the coast, 16 miles from Grimsby and 30 miles from Lincoln.
It has a wealth of local services and amenities to offer. Popular points of interest include the 'people's park' of Hubbard Hills and Westgate Fields, the last remaining Lincolnshire Cattle Market and the spectacular St James' Church, boasting the tallest medieval parish church spire of approx 287 feet /87.6 m. Other features include Louth Golf Course and Kenwick Park Golf Course, Louth Tennis Centre, London Road Sports Pavilion, Riverhead Theatre, Playhouse Cinema, Louth Museum, Kenwick Park Gym and Spa and Meridian Leisure Centre. As well as excellent local schools including King Edward's VI Grammar School, a doctors surgery and a hospital. Louth is particularly well known for its vast array of independent shops, butchers and delicatessens, thrice weekly markets and the New Market Indoor Hall all offering outstanding local produce as well as three supermarkets; Morrisons, Co-Op and Aldi.

The property is located in the town centre opposite Louth Library.

School Catchment Area - This property is in the catchment area for many primary schools, including St Michael's Church of England School, Louth Kidgate Primary Academy, North Cockerington Church of England Primary School and Grimoldby Primary School.
As well as 2 secondary schools, Louth Academy & King Edward VI Grammar School.

Entrance Hall - With two uPVC double glazed windows to the front, alarm panel, door into garage, W.C and boot room, a radiator and staircase to the first floor.

Boot Room - 2.89m x 3.25m (9'5" x 10'7") - Fitted with shelving and a useful understair storage area.

Toilet - With low flush w.c and wash basin.

Garage Area - 13.41m x 5.57m + 9.38m x 9.33m (43'11" x 18'3" + 3 - With door from the Entrance Hallway, and fitted with a range of base and wall cupboards with inset sink, workshop area and a wooden garage door.

Return Staircase - To landing and to utility room.

Utilty Room - 1.93m x 3.57m (6'3" x 11'8") - Fitted with a single drainer sink in base units, wall units, uPVC double glazed window to front, loft access hatch, Vaillant boiler, radiator, space for washing machine and a door into W.C.

Toilet Off - With w.c, wash basin, radiator and consumer unit.

Lounge - 7.20m x 4.60m (23'7" x 15'1") - With uPVC double glazed window to front and rear, radiator and door into inner hallway.

Kitchen - 3.28m x 2.76m (10'9" x 9'0") - Fitted with a range of wall, base and drawer units with worksurface over, 1 1/2 bowl sink unit, integrated appliances including a 4 ring hob, oven and grill, fridge, dishwasher and extractor. The splashbacks are tiled and there are spotlights to the ceiling.

Dining/Sitting Room - 5.84m x 4.40m (19'1" x 14'5" ) - With uPVC double glazed windows to front and rear, uPVC double glazed sliding door to the balcony and 2x radiators.

Balcony - 4.38m x 4.20m (14'4" x 13'9") -

Inner Hallway - With double and single storage cupboards, lighting and hot water cylinder.

Bedroom Two - 4.86m x 3.48m (15'11" x 11'5") - With 2x double fitted wardrobes with lighting and uPVC double glazed window over balcony.

En-Suite Shower Room - With shower cubicle, wash basin in vanity unit, low suite w.c, radiator and Velux window.

Bedroom Three / Study - 2.69m x 5.35m max (8'9" x 17'6" max) - With uPVC double glazed window to the side and radiator.

Shower Off - With shower unit and wash basin in vanity unit.

Bedroom One - 4.47m x 3.52m (14'7" x 11'6") - With double wardrobes with lighting and uPVC double glazed window to front.

En-Suite - Part tiled with panelled bath with shower attachment over, wash basin in fitted unit, low suite w.c, radiator, Velux window and extractor.

Outside - Small gravelled gardens for ease of maintenance to the rear and side of the property, with a side passageway which leads to the front of the property.

Services - Mains water, gas, drainage and electricity are understood to be connected. The agents have not tested or inspected the services or service installations and buyers should rely on their own survey.

Tenure - The property is believed to be freehold and we await solicitors confirmation.

Total Floor Area - 195m² / 2,099ft²

Council Tax Band - East Lindsey Council Tax Band: E

Brochure Prepared - May 2024.

Viewings - By prior appointment through TES Property office in Louth admin.

Opening Hours - Monday to Friday 9:00am to 5:00pm
Saturday 9:00am to 1:00pm

Agent Details

TES Property (Lincolnshire) Limited, Louth

01507 304807

Next Steps?

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