5 Bed Detached House, Single Let, Louth, LN11 9JP, £550,000

62 St Peters Avenue, Cleethorpes, DN35 8HP - 7 months ago

Sold STC
BTL
71 m²
+33 photos

ValuationOvervalued

Sold Prices£151K - £675K
Sold Prices/m²£1.2K/m² - £2.4K/m²

 

 

Square Metres

71 m²
Price/m²£7.7K/m²

Value Estimate

£153,157

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Rent Range

£750 - £1,500

Rent Estimate

£750

Running Costs/mo

£1,889

Cashflow/mo

£-1,139

Cashflow/yr

£-13,665

Gross Yield

2%

Local Sold Prices

9 sold prices from £151K to £675K, average is £540K. £1.2K/m² to £2.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£635K03/210.25 mi40, Westgate, Louth, Lincolnshire LN11 9YD5
£552K06/210.32 mi20, Horncastle Road, Louth, Lincolnshire LN11 9LD5
£200K04/210.51 mi222, Eastgate, Louth, Lincolnshire LN11 9AG5
£151K04/210.61 mi21, Grimsby Road, Louth, Lincolnshire LN11 0ED5
£540K04/210.64 miRivendell, Stewton Lane, Louth, Lincolnshire LN11 8RZ5
£430K06/230.81 mi209, Eastgate, Louth, Lincolnshire LN11 8DD5
£570K08/232.82 mi14, Manor Park, Legbourne, Louth, Lincolnshire LN11 8NH5
£415K09/212.92 miCarosel, Peppin Lane, Fotherby, Louth, Lincolnshire LN11 0UW5
£675K10/232.92 miThe Oaks, Peppin Lane, Fotherby, Louth, Lincolnshire LN11 0UW5

Local Rents

11 rents from £750/mo to £1.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85005/240.15 miGospelgate, Louth3
£79505/240.15 miGospelgate, Louth3
£1,10005/240.19 miHorncastle Road, Louth3
£1,40006/240.27 miLinden Walk, Louth, LN115
£75005/240.27 miNichol Hill, Louth, LN113
£85005/240.42 miSeymour Avenue, Louth3
£75005/240.44 miRamsgate, Louth3
£1,00006/240.46 miSt. Marys Lane, Louth3
£75005/240.47 miPriory Road, Louth3
£1,50005/240.6 miButtercup Lane, Louth4
£1,14509/240.61 mi-4

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.41 miles away

Nearest school

0.20 miles away

Nearest train station

13.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £550,000

September 17, 2024

Floor Plans

Description

  • Substantial detached home in private elevated position within Louth +
  • Five bedroom residence including two storey annexe with self contained access +
  • Five bathrooms , three large reception rooms across both dwellings +
  • Enjoys an elevated private position overlooking the church and Louth centre +
  • Mature, private gardens to the side and rear and extensive driveway +
  • Stunning 7m x 4.5 open plan fitted kitchen dining room +
  • Flexible living space ideal for families or remote working/ business use +
  • Energy performance certificate rating C; Council tax band E +

Located in this fantastic private and elevated position overlooking the centre of Louth and beyond is this substantial FIVE bedroom detached property which includes within its accommodation a TWO STOREY ANNEXE. Standing in beautifully mature and landscaped gardens, the present owners have upgraded several areas within the internal living space to an exceptional standard. The property boasts generously sized reception rooms , a stunning open plan fitted breakfast kitchen with adjoining utility room and a total of FIVE BATHROOMS across the main house and its annexe, which can be accessed both from the property and its own self contained entrance, providing potential purchasers with fantastic flexibility. The living accommodation is comprised of ; Reception hallway, lounge, open plan fitted breakfast kitchen, utility room, inner hallway, two ground floor bedrooms, ground floor bathroom and ground floor shower room, the first floor landing has a large bedroom/ games room and separate shower room. There is also access to the second of the bedrooms to the annexe which can be incorporated into the main house if required. The annexe living accommodation is comprised of Hallway, large kitchen dining room, lounge, upstairs shower room and both double bedrooms with built in wardrobes. Outside, there is a large driveway , decorative pond, patio / BBQ area, two large storage sheds, greenhouse and mature private lawned gardens to the rear.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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