3 Bed Terraced House, Single Let, Louth, LN11 9BZ, £185,000

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

BTL
71 m²
+12 photos

ValuationOvervalued

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

 

 

Square Metres

71 m²
Price/m²£2.6K/m²

Value Estimate

£143,221

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£750 - £1,100

Rent Estimate

£750

Running Costs/mo

£748

Cashflow/mo

£2

Cashflow/yr

£23

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £104.2K to £335K, average is £165K. £1.2K/m² to £3.4K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£182.5K12/230.1 mi26, St Michaels Road, Louth, Lincolnshire LN11 9DA3
£165K04/230.11 mi40, Queen Street, Louth, Lincolnshire LN11 9BL3
£150K10/200.13 mi71, Queen Street, Louth, Lincolnshire LN11 9BJ3
£127K12/220.15 mi52, Kidgate, Louth, Lincolnshire LN11 9BU3
£218K06/210.17 mi54b, Aswell Street, Louth, Lincolnshire LN11 9HP3
£149K11/210.17 mi24, Newmarket, Louth, Lincolnshire LN11 9EQ3
£227K03/210.18 mi35, Mount Pleasant, Louth, Lincolnshire LN11 9DW3
£225K04/210.22 mi11, Pippin Close, Louth, Lincolnshire LN11 9FF3
£335K12/220.22 mi4, Pippin Close, Louth, Lincolnshire LN11 9FF3
£190K06/210.22 mi41, Lee Street, Louth, Lincolnshire LN11 9HJ3
£170K12/200.22 mi22, Lee Street, Louth, Lincolnshire LN11 9HJ3
£227.5K08/210.23 mi190, Eastgate, Louth, Lincolnshire LN11 9AG3
£180K02/240.23 mi230, Eastgate, Louth, Lincolnshire LN11 9AG3
£260K06/230.23 mi29, Ramsgate, Louth, Lincolnshire LN11 0NB3
£202K10/220.23 mi19, Ramsgate, Louth, Lincolnshire LN11 0NB3
£145K03/210.24 mi10, Alexandra Road, Louth, Lincolnshire LN11 0ND3
£180K02/230.24 mi55, Mount Pleasant Avenue, Louth, Lincolnshire LN11 9DH3
£157.5K05/210.25 mi41, Priory Close, Louth, Lincolnshire LN11 9AS3
£132K08/230.25 mi46, James Street, Louth, Lincolnshire LN11 0JW3
£125K10/220.25 mi58b, James Street, Louth, Lincolnshire LN11 0JW3
£138K08/210.26 mi4, Eve Street, Louth, Lincolnshire LN11 0JL3
£160K05/230.26 mi49, Watts Lane, Louth, Lincolnshire LN11 9DG3
£239K06/210.27 miMallards Mead, Northgate, Louth, Lincolnshire LN11 0LT3
£181K03/240.28 mi79, Upgate, Louth, Lincolnshire LN11 9HF3
£150K03/230.28 mi72, Mount Pleasant Avenue, Louth, Lincolnshire LN11 9DJ3
£257.5K01/210.31 mi2, Quarryside, Louth, Lincolnshire LN11 9JE3
£165K03/210.31 mi1, Quarryside, Louth, Lincolnshire LN11 9JE3
£195K05/210.31 mi19, South Street, Louth, Lincolnshire LN11 9JS3
£110K06/210.33 mi5, Upgate, Louth, Lincolnshire LN11 9ER3
£205.5K10/210.33 mi30, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£150K02/210.33 mi14, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£229.9K07/210.33 mi32, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£170K01/210.33 mi4, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£140K11/200.33 mi63, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£153K06/230.33 mi5, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£155K11/200.33 mi40, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£145K06/210.33 mi32, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£153K04/210.33 mi42, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£165K07/230.33 mi28, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£150K06/230.33 mi32, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£160K04/230.33 mi38, Alexander Drive, Louth, Lincolnshire LN11 8QG3
£104.2K12/200.33 mi26, Gospelgate, Louth, Lincolnshire LN11 9JX3
£165K11/200.34 miMyrtle Cottage, Spout Yard, Louth, Lincolnshire LN11 0LW3
£150K11/210.34 mi15, Adrian Close, Louth, Lincolnshire LN11 9EP3
£239.9K01/210.35 mi21, Broadbank, Louth, Lincolnshire LN11 0EQ3
£225K02/230.35 mi260, Eastgate, Louth, Lincolnshire LN11 8DJ3
£260K01/210.36 mi1, Burton Court, Louth, Lincolnshire LN11 8RJ3
£216K02/240.36 mi5, Spire View Road, Louth, Lincolnshire LN11 8SL3
£150K05/210.36 mi52, Spire View Road, Louth, Lincolnshire LN11 8SL3
£160K12/200.37 mi61, Spire View Road, Louth, Lincolnshire LN11 8SL3

Local Rents

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

RentDateDistanceAddressBeds 
£75005/240.19 miPriory Road, Louth3
£75005/240.23 miRamsgate, Louth3
£75005/240.31 miNichol Hill, Louth, LN113
£85005/240.38 miGospelgate, Louth3
£79505/240.38 miGospelgate, Louth3
£85005/240.4 miSeymour Avenue, Louth3
£87505/240.42 miOld Chapel Mews, Louth, LN113
£1,10005/240.49 miHorncastle Road, Louth3
£1,10005/240.49 miHigh Holme Road, Louth3
£75005/240.51 miSt. Bernards Avenue, Louth3
£75006/240.51 miSt. Bernards Avenue, Louth3
£92512/240.59 miPasture Drive, Louth3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.38 miles away

Nearest school

0.10 miles away

Nearest train station

13.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £185,000

September 17, 2024

Floor Plans

Description

  • Well maintained end of terrace close to Louth centre and amenities +
  • Three bedrooms, two cloakrooms and conservatory to rear +
  • Spacious and low maintenance living accommodation throughout +
  • Ideal first time buy or investment opportunity +
  • Offered for sale with no forward chain for ease of purchase +
  • uPVC double glazing and gas central heating system +
  • Off road parking to the rear and low maintenance garden +
  • Energy performance certificate rating C; Council tax band A +

This spacious end of terrace home is an ideal first time buy or investment opportunity is located within close proximity to Louth centre and all amenities. Offered for sale with NO FORWARD CHAIN, the property benefits from full uPVC double glazing, gas central heating system and off road parking to the rear . Internal viewings are highly recommended and will reveal living accommodation comprising of: Entrance hallway, Lounge dining room, fitted kitchen, conservatory, ground floor w/c, first floor w/c, shower room suite and three bedrooms, Outside there are low maintenance gardens to front and rear and useful off road parking.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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