4 Bed Terraced House, Single Let, Louth, LN11 9JS, £279,950

14 South Street, Louth, LN11 9JS - 6 months ago

BTL
124 m²
+18 photos

ValuationOvervalued

Sold Prices£118K - £620K
Sold Prices/m²£1.1K/m² - £5.3K/m²

 

 

Square Metres

124 m²
Price/m²£2.3K/m²

Value Estimate

£274,002

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£69,988

Stamp Duty & Legal Fees

£11,096

Total Cash In

£81,084

 

 

Cash Out

 

Rent Range

£750 - £1,500

Rent Estimate

£750

Running Costs/mo

£1,045

Cashflow/mo

£-295

Cashflow/yr

£-3,538

Gross Yield

3%

Local Sold Prices

49 sold prices from £118K to £620K, average is £317K. £1.1K/m² to £5.3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£290K09/210.08 mi3, Quarryside, Louth, Lincolnshire LN11 9JE4
£445K09/210.13 mi12, Blue Stone Rise, Louth, Lincolnshire LN11 9XZ4
£600K10/230.15 mi17, Horncastle Road, Louth, Lincolnshire LN11 9LB4
£600K10/230.15 mi17, Horncastle Road, Louth, Lincolnshire LN11 9LB4
£392.5K03/210.15 mi13, St James View, Louth, Lincolnshire LN11 9XY4
£245K10/210.29 mi84, Newmarket, Louth, Lincolnshire LN11 9EQ4
£385K04/230.3 mi35, Linden Walk, Louth, Lincolnshire LN11 9HT4
£118K10/200.34 mi123, Church Street, Louth, Lincolnshire LN11 9DE4
£195K07/210.4 mi12, Cedar Close, Louth, Lincolnshire LN11 0EH4
£295K11/200.42 mi3, Kiln Lane, Louth, Lincolnshire LN11 0LG4
£317K02/210.42 mi24, St Marys Lane, Louth, Lincolnshire LN11 0DT4
£620K11/200.42 mi54, St Marys Lane, Louth, Lincolnshire LN11 0DT4
£375K06/230.44 mi13, Robinson Lane, Louth, Lincolnshire LN11 9FB4
£495K11/220.45 mi6, St Marys Park, Louth, Lincolnshire LN11 0EF4
£302K02/210.48 mi20, Pippin Close, Louth, Lincolnshire LN11 9FF4
£505K07/230.49 mi46, St Marys Park, Louth, Lincolnshire LN11 0EF4
£575K12/230.49 mi1, St Marys Park, Louth, Lincolnshire LN11 0EF4
£460K09/210.49 mi1, St Marys Park, Louth, Lincolnshire LN11 0EF4
£320K10/210.49 mi21, High Holme Road, Louth, Lincolnshire LN11 0EX4
£370K05/230.49 mi21, High Holme Road, Louth, Lincolnshire LN11 0EX4
£240K03/210.5 mi52, High Holme Road, Louth, Lincolnshire LN11 0EY4
£160.5K03/210.5 mi43, Watts Lane, Louth, Lincolnshire LN11 9DG4
£252.5K09/230.65 mi3, Spire View Road, Louth, Lincolnshire LN11 8SL4
£335K11/230.68 mi1, Mayfield Crescent, Louth, Lincolnshire LN11 8EQ4
£315K12/200.68 mi1a, Mayfield Crescent, Louth, Lincolnshire LN11 8EQ4
£235K12/200.7 mi82, Grimsby Road, Louth, Lincolnshire LN11 0DZ4
£395K06/210.71 mi50, Kenwick Road, Louth, Lincolnshire LN11 8EG4
£260K12/200.71 mi36, Kenwick Road, Louth, Lincolnshire LN11 8EG4
£465K10/220.73 mi4, Kenwick Pastures, Louth, Lincolnshire LN11 8EE4
£330K09/210.73 mi2, Hill Rise, Louth, Lincolnshire LN11 0YY4
£357K03/210.73 mi3, Hill Rise, Louth, Lincolnshire LN11 0YY4
£257K06/230.73 mi14, Florence Wright Avenue, Louth, Lincolnshire LN11 8EJ4
£250K10/220.75 mi9, Alder Close, Louth, Lincolnshire LN11 8XB4
£445K09/230.78 mi6, Beck Way, Louth, Lincolnshire LN11 8XH4
£470K09/230.81 mi30, Victoria Road, Louth, Lincolnshire LN11 0BX4
£305K11/210.86 mi28, Eresbie Road, Louth, Lincolnshire LN11 8YG4
£320K11/230.86 mi3, Eresbie Road, Louth, Lincolnshire LN11 8YG4
£415K11/220.86 mi64, Eresbie Road, Louth, Lincolnshire LN11 8YG4
£340K06/230.87 mi11, Davey Close, Louth, Lincolnshire LN11 0AB4
£245K03/210.88 mi9, Kenwick Close, Louth, Lincolnshire LN11 8EP4
£241K05/210.88 mi12, Kenwick Close, Louth, Lincolnshire LN11 8EP4
£185K03/210.89 mi34, Brackenborough Road, Louth, Lincolnshire LN11 0AE4
£350K10/230.89 mi7, Langley Close, Louth, Lincolnshire LN11 8YP4
£255K03/210.92 mi6, Blanchard Road, Louth, Lincolnshire LN11 8YH4
£312K01/230.92 mi19, Eastfield Road, Louth, Lincolnshire LN11 7AJ4
£190K03/230.93 mi34, Riverhead, Louth, Lincolnshire LN11 0DD4
£217K11/200.95 mi11, Stutte Close, Louth, Lincolnshire LN11 8YN4
£315K02/210.95 mi6, Stutte Close, Louth, Lincolnshire LN11 8YN4
£176K10/200.97 mi4, Mallard Ings, Louth, Lincolnshire LN11 0FD4

Local Rents

12 rents from £750/mo to £1.5K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£85005/240.12 miGospelgate, Louth3
£79505/240.12 miGospelgate, Louth3
£1,10005/240.17 miHorncastle Road, Louth3
£75005/240.26 miNichol Hill, Louth, LN113
£1,40006/240.3 miLinden Walk, Louth, LN115
£1,00006/240.43 miSt. Marys Lane, Louth3
£75005/240.45 miRamsgate, Louth3
£85005/240.45 miSeymour Avenue, Louth3
£75005/240.49 miPriory Road, Louth3
£1,50005/240.57 miButtercup Lane, Louth4
£1,14509/240.58 mi-4
£1,10005/240.61 miHigh Holme Road, Louth3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.40 miles away

Nearest school

0.10 miles away

Nearest train station

13.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £279,950

September 30, 2024

Floor Plans

Description

  • Beautifully presented throughout +
  • Period town house in conservation area +
  • Four bedrooms and bathroom +
  • Owned parking space to the rear +
  • Two spacious reception rooms, lounge with fireplace +
  • Smart kitchen with built in appliances plus utility +
  • Stood well above the road with front garden +
  • Private enclosed south facing rear garden with store and shed +
  • Virtual tour available +
  • A few minutes' walk to shops +

This beautifully presented Victorian terraced house has been renovated to an exceptional standard, blending period charm with contemporary living. Featuring four bedrooms, the property includes a private parking space at the rear and is just a short walk from the town centre. The layout comprises an entrance hall, lounge, dining room, breakfast kitchen, and utility room on the ground floor, while the first floor offers four bedrooms and a family bathroom with a galleried landing. Externally, the house is elevated above the road with a generous front garden and an enclosed, south-facing rear garden that includes a store and shed. 

Directions From St. James' church travel south along Upgate and at the traffic lights, turn right along South Street. Number 14 is just a short way along on the left side, standing back from the road.  

The Property A charming Victorian terraced home with retained period features and having original sash windows to the front elevation whilst the rear has had replacement double-glazed uPVC units. The property has been renovated to a high standard by the current vendors, creating a new kitchen and re-modelled bathroom and landing, giving independent access to the fourth bedroom. The property is also heated by way of a modern gas condensing boiler which is serviced on a regular basis and heating is supplemented by the open fire to the lounge. Generous front and rear gardens with access from the rear to the owned parking space which is positioned on Spital Hill, accessible by car just slightly further along South Street.  

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

Ground Floor Pillared entrance to timber front door leading into: 

Entrance Hall A spacious and welcoming hallway having a smart, tiled floor, dado rails to walls and attractive cornice. Two-tone heritage style decoration and four-panel pine doors to principal rooms with step up into carpeted hall. Staircase to first floor with carpeted tread, timber banister and spindles with useful understairs storage area and coat hooks to side.  

Lounge Positioned to front with large bay window overlooking the front garden. Exposed timber floorboards, dado rails to walls, cornice to ceiling and two-toned decoration with high ceilings providing for a light and airy space. Shelving fitted to alcoves either side of chimney breast, having a superb Period fireplace with cast iron insert, tiled hearth and timber surround with open grate fire. Cupboard to side housing the electric meter and consumer unit.  

Dining Room Positioned to rear with sliding patio doors into garden, making for an ideal entertainment space. Attractive cornice to ceiling and neutrally decorated with painted timber floorboards, making a versatile space which could be used for a variety of purposes.  

Breakfast Kitchen Having a modern, contemporary range of fitted base and wall units finished in Shaker style with chrome handles. Attractive tiling to all splashbacks and having solid woodblock work surfaces with an extended breakfast bar area to one end. One and a half bowl, grey resin sink with chrome mono mixer tap. Built-in single electric Lamona oven with four-ring Lamona gas hob above and extractor unit and space for large fridge/freezer to one side. Large window overlooking garden, tile-effect vinyl cushion floor, spotlights to ceiling and part-glazed timber door into: 

Utility Room A further range of fitted units providing further storage. Solid woodblock worktop having space and plumbing provided for washing machine and tumble dryer. Windows to two aspects and part-glazed uPVC door leading to rear garden, tile-effect vinyl cushion floor and also housing the gas-fired combination central heating boiler which is serviced on a regular basis.  

First Floor Landing A two-level landing with original turned timber banister with spindles, carpeted floors and dado rails to wall, coving to ceiling and two-tone decoration. Four-panel pine doors to bedrooms and bathroom with loft hatch to roof space. Stained glass roof light into loft space with the skylight allowing natural light to flood into the space, opening through to rear landing area with doors to bathroom and the rearmost bedroom, with attractive panelling to half-height walls to one side.  

Bedroom 1 Centrally positioned with large window overlooking the garden. Carpeted floor, cornice to ceiling and being a very generous double in size. Period cast iron fireplace to side with timber surround, built-in wardrobes with panelled doors either side of the chimney breast providing useful storage. 

Bedroom 2 A further, very generously proportioned double room, currently set up as a twin bedroom with sliding sash window overlooking the front. Carpeted walls, dado rails to wall with two-tone decoration, ample space for wardrobes to side.  

Bedroom 3 Positioned rearmost with windows to two aspects, vaulted ceiling and being a small double in size with ample space for chest of drawers or dressing table if required. Oak-effect laminated floor.  

Bedroom 4 Positioned to the front and being a single in size, currently set up as a home working space. Sliding sash window to front elevation, dado rails to wall and coving to ceiling with exposed pine floorboards.  

Family Bathroom Three-piece suite consisting of panelled bath with mixer taps and hand shower attachment, low-level WC, wash hand basin and attractive panelling to half-height walls. Frosted glass window to side, electrically heated towel rail, wood-effect vinyl cushion flooring and LED light to one side.  

Front Garden A generously proportioned front garden with front boundary wall and stepped concrete pathway leading to front door with the house positioned in an elevated spot well above the road. Garden laid predominantly to lawn, with gravelled borders and mature planted trees. High-level fencing to side boundaries and concrete space in front of the property, ideal for al fresco dining. 

Rear Garden A superb, sheltered and low maintenance garden enjoying a southerly aspect with high-level boundary walls, making for a very private and peaceful space to relax in. Laid to gravel and ample space for al fresco dining and barbecues. Tap provided, with large timber shed to far end, ideal for storage of garden machinery and bikes, etc. and painted in attractive heritage colours. Concrete path and steps up to rear entrance gate which leads into the shared passage along the rear, giving access to the owned parking space which is positioned and accessed via Spital Hill.  

Garden Store Positioned at the rear of the property and being a brick-built structure with tiled roof, timber entrance door and window to side. Ideal for storage of tools and bikes, etc.  

Location Louth is positioned on the eastern fringes of the Lincolnshire Wolds with easy access by car or on foot across the rolling hills. There are popular, busy markets three times each week and many local seasonal and specialist events take place throughout the year.

The town has a fine choice of cafes, restaurants, wine bars and pubs with a current trend towards a continental style, street café environment.

There are highly regarded primary schools and academies including the King Edward VI Grammar The Meridian Sports and Swimming Complex has been built in recent years complementing the London Road Sports Grounds and Hall, a tennis academy, bowls, football club, golf club and the Kenwick Park Leisure Centre also with swimming pool, golf course and an equestrian centre.

Louth has a thriving theatre, a cinema and attractive parks on the west side of town in Hubbard's Hills and Westgate Fields. 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. Grimsby is approximately 16 miles to the north whilst Lincoln is some 25 miles to the south-west. 

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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