2 Bed Terraced House, Single Let, Louth, LN11 8UQ, £120,000
42 Carlton Park, Louth, Lincolnshire, LN11 8UQ - 2 views - 7 months ago
Under Offer
BTL
ROI: 4%
60 m²





+11 photos
ValuationUndervalued
Sold Prices | £96K - £362K |
Sold Prices/m² | £1.4K/m² - £3.3K/m² |
| |
Square Metres | 60 m² |
Price/m² | £2K/m² |
Value Estimate | £142,127 |
BMV | 14% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £30,000 |
Stamp Duty & Legal Fees | £4,950 |
Total Cash In | £34,950 |
| |
Cash Out | |
Rent Range | £650 - £1,500 |
Rent Estimate | £667 |
Running Costs/mo | £528 |
Cashflow/mo | £139 |
Cashflow/yr | £1,663 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
22 sold prices from £96K to £362K, average is £180K. £1.4K/m² to £3.3K/m², average is £2.4K/m².
Local Rents
7 rents from £650/mo to £1.5K/mo, average is £1K/mo.
Local Area Statistics
Population in LN11 | 28,179 |
Population in Louth | 28,197 |
Town centre distance | 4.45 miles away |
Nearest school | 0.80 miles away |
Nearest train station | 15.20 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 £120,000
January 23, 2025
Listed for £125,000
August 25, 2024
Sold for £98,000
2021
Sold for £82,500
2004
Floor Plans

Description
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