3 Bed Semi-Detached House, Planning Permission, Louth, LN11 0AT, £175,000

Lime Grove, Louth LN11 0AT - 8 months ago

Planning
ROI: 1%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£100K - £348K
Sold Prices/m²£1.4K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£181,076
BMV3%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£54,700

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£750

Running Costs/mo

£717

Cashflow/mo

£33

Cashflow/yr

£398

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £100K to £348K, average is £182.5K. £1.4K/m² to £3.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£120K02/230.04 mi10, Keddington Crescent, Louth, Lincolnshire LN11 0AR3
£100K11/200.07 mi31, Keddington Crescent, Louth, Lincolnshire LN11 0AP3
£135K06/210.08 mi3, Dove Close, Louth, Lincolnshire LN11 0BZ3
£267.5K11/220.08 mi45, Keddington Road, Louth, Lincolnshire LN11 0AU3
£128K05/210.09 mi12a, Dove Close, Louth, Lincolnshire LN11 0BZ3
£260K07/230.1 mi42, Brackenborough Road, Louth, Lincolnshire LN11 0AE3
£160K01/210.11 mi26, Swallow Drive, Louth, Lincolnshire LN11 0DN3
£239.9K12/220.12 mi4, Grosvenor Road, Louth, Lincolnshire LN11 0BB3
£105K11/220.12 mi83, Jubilee Crescent, Louth, Lincolnshire LN11 0AL3
£245K02/240.13 mi12, Grosvenor Crescent, Louth, Lincolnshire LN11 0BD3
£192K10/210.13 mi13, Grosvenor Road, Louth, Lincolnshire LN11 0BE3
£210K12/220.13 mi84, Keddington Road, Louth, Lincolnshire LN11 0BA3
£147K01/230.15 mi67, Swallow Drive, Louth, Lincolnshire LN11 0DN3
£250K11/230.15 mi74, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£181K02/230.15 mi23, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£148.5K07/210.16 mi23, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£125K07/210.16 mi46, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£165K01/210.16 mi53, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£325K10/230.16 mi23, Maple Close, Louth, Lincolnshire LN11 0DW3
£254K11/200.17 mi55, Victoria Road, Louth, Lincolnshire LN11 0BU3
£186K04/210.18 mi27, Victoria Road, Louth, Lincolnshire LN11 0BU3
£273K09/230.18 mi72, Victoria Road, Louth, Lincolnshire LN11 0BX3
£300K07/230.18 mi12, Victoria Road, Louth, Lincolnshire LN11 0BX3
£240K09/210.18 mi23, Christopher Close, Louth, Lincolnshire LN11 0BT3
£220K11/220.19 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£155K07/210.19 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£225K12/200.2 mi34, Charles Avenue, Louth, Lincolnshire LN11 0BG3
£145K04/210.21 mi42, Michael Foale Lane, Louth, Lincolnshire LN11 0GT3
£197.5K05/230.22 mi44, Leakes Row, Louth, Lincolnshire LN11 0JZ3
£175K09/230.25 mi82, Brackenborough Road, Louth, Lincolnshire LN11 0AQ3
£220K09/210.25 mi1, Amanda Drive, Louth, Lincolnshire LN11 0AZ3
£203K11/230.25 mi8, Amanda Drive, Louth, Lincolnshire LN11 0AZ3
£120K08/210.26 mi73, Newbridge Hill, Louth, Lincolnshire LN11 0JU3
£348K05/230.3 mi125, Keddington Road, Louth, Lincolnshire LN11 0BL3
£100K04/210.34 mi1, Luda Terrace, Louth, Lincolnshire LN11 7AF3
£145K05/210.34 mi7, Riverside Court, Louth, Lincolnshire LN11 7AG3
£146K10/210.35 mi146, High Holme Road, Louth, Lincolnshire LN11 0HE3
£180K03/210.35 mi110, High Holme Road, Louth, Lincolnshire LN11 0HE3
£179K08/210.35 mi7, Newbridge Hill, Louth, Lincolnshire LN11 0NQ3
£155K12/200.36 mi2, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£220K11/230.37 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£184K09/210.37 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£121.5K01/240.39 mi5, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£180K11/200.39 mi21, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£195K11/200.42 mi117, High Holme Road, Louth, Lincolnshire LN11 0HD3
£124.5K03/210.42 mi79, High Holme Road, Louth, Lincolnshire LN11 0HD3
£187K06/210.45 mi29, Harewood Crescent, Louth, Lincolnshire LN11 0JD3
£135K08/210.45 mi49, Lacey Gardens, Louth, Lincolnshire LN11 8DG3
£272.5K01/230.46 mi264, Eastgate, Louth, Lincolnshire LN11 8DJ3
£225K02/230.46 mi260, Eastgate, Louth, Lincolnshire LN11 8DJ3

Local Rents

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

RentDateDistanceAddressBeds 
£85005/240.07 mi-3
£73505/240.15 mi-3
£82503/250.15 mi-3
£70005/240.15 miFulmar Drive, Louth. LN11 0ST3
£85002/250.15 mi-3
£87505/240.16 mi-3
£87505/240.16 miFulmar Drive, Louth, LN113
£87505/240.35 miOld Chapel Mews, Louth, LN113
£1,10005/240.37 miHigh Holme Road, Louth3
£75005/240.4 miSt. Bernards Avenue, Louth3
£75006/240.4 miSt. Bernards Avenue, Louth3
£85005/240.46 miChatsworth Drive, Louth3
£75005/240.51 miRamsgate, Louth3
£75005/240.55 miPriory Road, Louth3
£79505/240.61 miArundel Drive, Louth. LN11 0HZ3
£85005/240.61 mi-3
£85006/240.61 miBroadley Crescent, Louth, LN113

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.60 miles away

Nearest school

0.40 miles away

Nearest train station

12.99 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 £175,000

March 4, 2025

Listed for £189,950

August 29, 2024

Floor Plans

Description

  • Smart family home +
  • No onward chain +
  • Walking distance to supermarkets +
  • Open plan kitchen diner with appliances +
  • Modern bathroom +
  • Garage and gardens +
  • new carpet to hall/stairs/landing and decoration +
  • South west facing garden +
  • Virtual tour available +
  • Building plot to rear also available separately +

A Spacious three-bedroom semi-detached house in a quiet residential road within Louth market town. The property is presented in a smart and clean condition and provides excellent family accommodation comprising generous lounge with fireplace, open plan kitchen diner to the rear with a good range of built-in appliances and patio doors to the garden, hallway and to the first floor are three good size bedrooms with modern family bathroom. Externally, the property sits back from the road with generous garden to the front, ample driveway parking to the detached garage with a south-west facing rear garden. An adjoining building plot with full planning permission for a detached house is also available separately through this agency. 

The Property This well constructed family home has brick-faced cavity walls with pitched timber roof construction covered with interlocking tiles with matching detached garage. The property has fully uPVC double-glazed windows and doors and benefits from gas-fired central heating by way of Ideal Mexico floor-standing boiler. The property also has uPVC fascias and guttering. Behind the rear of the garden, available separately or together with the property, is a building plot with full planning permission for a three-bedroom detached house, also available through this agency. Please contact us for further details or see separate listing.

(Approximate room dimensions are shown on the floor plans which are indicative of the room layout and not to specific scale) 

Entrance Hall Covered porch with fully-glazed uPVC door and window to side to the smart, recently decorated hallway with staircase leading to first floor. Timber banister and spindles, window to side, smoke alarm to ceiling and thermostat to wall with useful understairs storage cupboard with coat hooks and electric consumer unit. Newly carpeted in grey with four-panel doors into principal rooms.  

Lounge A spacious reception room with large window to front, chimney breast with tiled fireplace and hearth with inset coal-effect gas fire. Carpeted floor and double doors through to: 

Kitchen Diner A good range of base and wall units finished with timber-effect doors with chrome handles. Marble-effect, rolltop laminated work surfaces with one and a half bowl stainless steel sink, attractive tiling to walls with timber panelling to dining area. Built-in single electric oven with Bosch four-ring gas hob and extractor fan above. Space and plumbing for washing machine, whilst underneath one cupboard is the Ideal Mexico floor-standing gas boiler with space adjacent for under-counter fridge. Frosted glass door to driveway, window to rear, extending into the dining area with carpeted floor and patio door into rear garden.  

First Floor Landing Newly carpeted floor in grey, window to side and attractive wallpaper to walls. Loft hatch giving access to roof space, smoke alarm to ceiling and cupboards to side housing the hot water cylinder with shelving provided for laundry.  

Bedroom 1 Situated at the front being a good double in size. Carpeted floor and neutral decoration.  

Bedroom 2 Situated at the rear, a further large double with window over the garden and neutral decoration. 

Bedroom 3 At the front, being a single in size. Carpeted floor and large cupboard over stairs with shelving for linen. 

Family Bathroom With four-piece suite consisting of panelled bath, corner shower cubicle with thermostatic mixer, low-level, back-to-wall WC, wash hand basin, fully tiled walls in modern colour schemes with tiling to floor. Spotlights to ceiling and frosted glass window to rear. Chrome heated towel rail to side.  

Front Garden Wrought iron double gates into concrete driveway providing parking for multiple vehicles and leading to single garage. Predominantly lawned area to side with borders to perimeter with boundaries made up of fencing and dwarf brick walls. Possibility for further parking by paving the front lawn. 

Garage Of brick construction with remote electric up and over door, lights and electric provided. Concrete floor and shelving to rear with security lighting to exterior and double windows to side.  

Rear Garden Having fenced boundaries, laid to lawn and borders with paved pathways. Paved patio area adjacent the property, enjoying a superb south-westerly aspect. Arched brick wall with gate returning to driveway. Outside tap and light. Water collection butt to rear of garage.  

Location Louth is a popular market town with three busy markets each week, many individual shops, highly regarded primary, secondary and grammar schools and many cafes, bars and restaurants. Grimsby is approximately 16 miles to the north whilst Lincoln is some 25 miles to the south-west.

Louth has a recently completed sports and swimming complex, many local clubs, athletics and football grounds, tennis academy and courts, golf and bowling with attractive parks on the west side of town in Hubbard's Hills and Westgate Fields. The town has a thriving theatre and a cinema. The coast is about 10 miles away from Louth at its nearest point and the area around Louth has many fine country walks and bridleways.  

Directions From St. James' church travel south for a short distance on Upgate and turn left along Mercer Row. Follow the road through the town centre as far as the two mini roundabouts and at the second of these, turn left along Ramsgate. At the next mini roundabout take the second exit along Ramsgate Road and then turn second left into Victoria Road. Follow the road to the crossroads and take the right turn onto Keddington Road. Follow the road then turn left into Lime Grove and the property will be found shortly on the left. 

Viewing Strictly by prior appointment through the selling agent.  

General Information The particulars of this property are intended to give a fair and substantially correct overall description for the guidance of intending purchasers. No responsibility is to be assumed for individual items. No appliances have been tested. Fixtures, fittings, carpets and curtains are excluded unless otherwise stated. Plans/Maps are not to specific scale, are based on information supplied and subject to verification by a solicitor at sale stage. We are advised that the property is connected to mains gas, electricity, water and drainage but no utility searches have been carried out to confirm at this stage. The property is in Council Tax band B.

Agent Details

Masons Sales, Louth

01507 308524

Next Steps?

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