3 Bed Detached House, Single Let, Louth, LN11 9DA, £449,500

62 St Peters Avenue, Cleethorpes, DN35 8HP - 9 months ago

BTL
~93 m²
+18 photos

ValuationOvervalued

Sold Prices£104.2K - £335K
Sold Prices/m²£1.2K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£190,139

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,375

Stamp Duty & Legal Fees

£26,700

Total Cash In

£139,075

 

 

Cash Out

 

Rent Range

£750 - £1,100

Rent Estimate

£750

Running Costs/mo

£1,575

Cashflow/mo

£-825

Cashflow/yr

£-9,896

Gross Yield

2%

Local Sold Prices

50 sold prices from £104.2K to £335K, average is £169.7K. £1.2K/m² to £3.4K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£182.5K12/230.05 mi26, St Michaels Road, Louth, Lincolnshire LN11 9DA3
£149K11/210.09 mi24, Newmarket, Louth, Lincolnshire LN11 9EQ3
£218K06/210.17 mi54b, Aswell Street, Louth, Lincolnshire LN11 9HP3
£127K12/220.18 mi52, Kidgate, Louth, Lincolnshire LN11 9BU3
£225K04/210.18 mi11, Pippin Close, Louth, Lincolnshire LN11 9FF3
£165K04/230.18 mi40, Queen Street, Louth, Lincolnshire LN11 9BL3
£227K03/210.18 mi35, Mount Pleasant, Louth, Lincolnshire LN11 9DW3
£335K12/220.19 mi4, Pippin Close, Louth, Lincolnshire LN11 9FF3
£160K05/230.21 mi49, Watts Lane, Louth, Lincolnshire LN11 9DG3
£190K06/210.22 mi41, Lee Street, Louth, Lincolnshire LN11 9HJ3
£170K12/200.22 mi22, Lee Street, Louth, Lincolnshire LN11 9HJ3
£180K02/230.22 mi55, Mount Pleasant Avenue, Louth, Lincolnshire LN11 9DH3
£181K03/240.24 mi79, Upgate, Louth, Lincolnshire LN11 9HF3
£150K03/230.25 mi72, Mount Pleasant Avenue, Louth, Lincolnshire LN11 9DJ3
£150K11/210.25 mi15, Adrian Close, Louth, Lincolnshire LN11 9EP3
£257.5K01/210.27 mi2, Quarryside, Louth, Lincolnshire LN11 9JE3
£165K03/210.27 mi1, Quarryside, Louth, Lincolnshire LN11 9JE3
£155K11/200.28 mi40, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£145K06/210.28 mi32, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£153K04/210.28 mi42, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£165K07/230.28 mi28, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£150K06/230.28 mi32, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£160K04/230.28 mi38, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£195K05/210.3 mi19, South Street, Louth, Lincolnshire LN11 9JS3
£227.5K08/210.3 mi190, Eastgate, Louth, Lincolnshire LN11 9AG3
£180K02/240.3 mi230, Eastgate, Louth, Lincolnshire LN11 9AG3
£157.5K05/210.3 mi41, Priory Close, Louth, Lincolnshire LN11 9AS3
£245K05/210.3 miCemetery Lodge, Upgate, Louth, Lincolnshire LN11 9QW3
£219.9K03/210.31 mi33, Seymour Avenue, Louth, Lincolnshire LN11 9EW3
£189.9K10/220.31 mi13, Southfield Drive, Louth, Lincolnshire LN11 9ED3
£260K06/230.31 mi29, Ramsgate, Louth, Lincolnshire LN11 0NB3
£202K10/220.31 mi19, Ramsgate, Louth, Lincolnshire LN11 0NB3
£169.5K02/210.31 mi13, Southfield Drive, Louth, Lincolnshire LN11 9ED3
£230K12/200.31 mi12, Southfield Drive, Louth, Lincolnshire LN11 9ED3
£260K01/210.32 mi1, Burton Court, Louth, Lincolnshire LN11 8RJ3
£145K03/210.32 mi10, Alexandra Road, Louth, Lincolnshire LN11 0ND3
£132K08/230.33 mi46, James Street, Louth, Lincolnshire LN11 0JW3
£125K10/220.33 mi58b, James Street, Louth, Lincolnshire LN11 0JW3
£138K08/210.33 mi4, Eve Street, Louth, Lincolnshire LN11 0JL3
£239K06/210.33 miMallards Mead, Northgate, Louth, Lincolnshire LN11 0LT3
£104.2K12/200.34 mi26, Gospelgate, Louth, Lincolnshire LN11 9JX3
£216K02/240.35 mi5, Spire View Road, Louth, Lincolnshire LN11 8SL3
£150K05/210.35 mi52, Spire View Road, Louth, Lincolnshire LN11 8SL3
£160K12/200.35 mi61, Spire View Road, Louth, Lincolnshire LN11 8SL3
£110K06/210.36 mi5, Upgate, Louth, Lincolnshire LN11 9ER3
£185K06/230.36 mi8, Queens Court, Louth, Lincolnshire LN11 8RR3
£150K02/210.38 mi14, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£229.9K07/210.38 mi32, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£170K01/210.38 mi4, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£140K11/200.38 mi63, Trinity Lane, Louth, Lincolnshire LN11 8DL3

Local Rents

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

RentDateDistanceAddressBeds 
£75005/240.26 miPriory Road, Louth3
£75005/240.31 miRamsgate, Louth3
£85005/240.32 miSeymour Avenue, Louth3
£75005/240.36 miNichol Hill, Louth, LN113
£85005/240.39 miGospelgate, Louth3
£79505/240.39 miGospelgate, Louth3
£1,10005/240.46 miHorncastle Road, Louth3
£87505/240.49 miOld Chapel Mews, Louth, LN113
£92512/240.52 miPasture Drive, Louth3
£75005/240.57 miSt. Bernards Avenue, Louth3
£75006/240.57 miSt. Bernards Avenue, Louth3
£1,10005/240.58 miHigh Holme Road, Louth3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.45 miles away

Nearest school

0.10 miles away

Nearest train station

13.75 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 £449,500

December 4, 2024

Listed for £475,000

July 12, 2024

Floor Plans

Description

  • Charming three bedroom detached house full of character +
  • Great sized plot in the heart of Louth and enjoying a superb degree of privacy +
  • Elevated position with the rear garden enjoying a lovely sunny aspect +
  • Dining Kitchen, Sitting room, living room and adjoining store +
  • Landing, three double bedrooms and a pleasant bathroom +
  • Gas central heating +
  • Off road parking and useful outbuildings/workshops +
  • Energy performance rating E and Council tax band A +

A lovely find in the heart of Louth, hidden behind established trees and shrubs, this elevated plot holds this three bedroom detached property stood again on a surprising plot, much larger than normally found within this area. Full of character and charm, only by viewing will you get an understanding of the property on offer and the privacy thats its gardens offer. Believed to be one of the older buildings in Louth, the property enjoys a view to the front towards St Michael and All Angels church. Enjoying the benefits of gas central heating, this lovely home offers sitting room, dining kitchen, living room, adjoining store creating the possibility for further living space, landing, bathroom and three double bedrooms. Externally the gardens have to be on the key selling features and really need to be viewed to be appreciated.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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