3 Bed Bungalow, Single Let, Louth, LN11 0BS, £245,000

62 St Peters Avenue, Cleethorpes, DN35 8HP - 5 months ago

BTL
71 m²
+14 photos

ValuationOvervalued

Sold Prices£100K - £325K
Sold Prices/m²£1.4K/m² - £3.3K/m²

 

 

Square Metres

71 m²
Price/m²£3.5K/m²

Value Estimate

£139,464

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£9,496

Total Cash In

£70,746

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£748

Running Costs/mo

£935

Cashflow/mo

£-187

Cashflow/yr

£-2,247

Gross Yield

4%

Local Sold Prices

50 sold prices from £100K to £325K, average is £182.5K. £1.4K/m² to £3.3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£155K07/210.05 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£220K11/220.06 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£145K04/210.06 mi42, Michael Foale Lane, Louth, Lincolnshire LN11 0GT3
£267.5K11/220.08 mi45, Keddington Road, Louth, Lincolnshire LN11 0AU3
£254K11/200.08 mi55, Victoria Road, Louth, Lincolnshire LN11 0BU3
£186K04/210.1 mi27, Victoria Road, Louth, Lincolnshire LN11 0BU3
£197.5K05/230.11 mi44, Leakes Row, Louth, Lincolnshire LN11 0JZ3
£260K07/230.11 mi42, Brackenborough Road, Louth, Lincolnshire LN11 0AE3
£120K08/210.11 mi73, Newbridge Hill, Louth, Lincolnshire LN11 0JU3
£273K09/230.12 mi72, Victoria Road, Louth, Lincolnshire LN11 0BX3
£300K07/230.12 mi12, Victoria Road, Louth, Lincolnshire LN11 0BX3
£325K10/230.16 mi23, Maple Close, Louth, Lincolnshire LN11 0DW3
£239.9K12/220.17 mi4, Grosvenor Road, Louth, Lincolnshire LN11 0BB3
£192K10/210.19 mi13, Grosvenor Road, Louth, Lincolnshire LN11 0BE3
£120K02/230.19 mi10, Keddington Crescent, Louth, Lincolnshire LN11 0AR3
£179K08/210.2 mi7, Newbridge Hill, Louth, Lincolnshire LN11 0NQ3
£146K10/210.2 mi146, High Holme Road, Louth, Lincolnshire LN11 0HE3
£180K03/210.2 mi110, High Holme Road, Louth, Lincolnshire LN11 0HE3
£245K02/240.2 mi12, Grosvenor Crescent, Louth, Lincolnshire LN11 0BD3
£220K11/230.22 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£184K09/210.22 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£100K11/200.22 mi31, Keddington Crescent, Louth, Lincolnshire LN11 0AP3
£135K06/210.23 mi3, Dove Close, Louth, Lincolnshire LN11 0BZ3
£128K05/210.24 mi12a, Dove Close, Louth, Lincolnshire LN11 0BZ3
£105K11/220.25 mi83, Jubilee Crescent, Louth, Lincolnshire LN11 0AL3
£155K12/200.25 mi2, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£210K12/220.25 mi84, Keddington Road, Louth, Lincolnshire LN11 0BA3
£160K01/210.27 mi26, Swallow Drive, Louth, Lincolnshire LN11 0DN3
£250K11/230.28 mi74, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£181K02/230.28 mi23, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£195K11/200.28 mi117, High Holme Road, Louth, Lincolnshire LN11 0HD3
£124.5K03/210.28 mi79, High Holme Road, Louth, Lincolnshire LN11 0HD3
£225K12/200.28 mi34, Charles Avenue, Louth, Lincolnshire LN11 0BG3
£148.5K07/210.29 mi23, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£125K07/210.29 mi46, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£165K01/210.29 mi53, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£145K05/210.29 mi7, Riverside Court, Louth, Lincolnshire LN11 7AG3
£240K09/210.29 mi23, Christopher Close, Louth, Lincolnshire LN11 0BT3
£121.5K01/240.29 mi5, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£180K11/200.29 mi21, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£147K01/230.3 mi67, Swallow Drive, Louth, Lincolnshire LN11 0DN3
£175K09/230.33 mi82, Brackenborough Road, Louth, Lincolnshire LN11 0AQ3
£145K03/210.35 mi10, Alexandra Road, Louth, Lincolnshire LN11 0ND3
£202K10/220.36 mi19, Ramsgate, Louth, Lincolnshire LN11 0NB3
£260K06/230.36 mi29, Ramsgate, Louth, Lincolnshire LN11 0NB3
£100K04/210.36 mi1, Luda Terrace, Louth, Lincolnshire LN11 7AF3
£187K06/210.36 mi29, Harewood Crescent, Louth, Lincolnshire LN11 0JD3
£225K02/230.36 mi260, Eastgate, Louth, Lincolnshire LN11 8DJ3
£220K09/210.37 mi1, Amanda Drive, Louth, Lincolnshire LN11 0AZ3
£203K11/230.37 mi8, Amanda Drive, Louth, Lincolnshire LN11 0AZ3

Local Rents

18 rents from £700/mo to £1.1K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£85005/240.22 mi-3
£85003/250.23 mi-3
£1,10005/240.23 miHigh Holme Road, Louth3
£87505/240.26 miOld Chapel Mews, Louth, LN113
£73505/240.27 mi-3
£82503/250.27 mi-3
£70005/240.28 miFulmar Drive, Louth. LN11 0ST3
£87505/240.29 mi-3
£87505/240.29 miFulmar Drive, Louth, LN113
£75005/240.36 miRamsgate, Louth3
£75005/240.36 miSt. Bernards Avenue, Louth3
£75006/240.36 miSt. Bernards Avenue, Louth3
£85005/240.39 miChatsworth Drive, Louth3
£75005/240.42 miPriory Road, Louth3
£79505/240.52 miArundel Drive, Louth. LN11 0HZ3
£75005/240.56 miNichol Hill, Louth, LN113
£85005/240.59 mi-3
£85006/240.59 miBroadley Crescent, Louth, LN113

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.45 miles away

Nearest school

0.20 miles away

Nearest train station

13.11 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 £245,000

February 12, 2025

Price changed to £249,950

December 31, 2024

Price changed to £255,000

December 17, 2024

Listed for £259,950

October 28, 2024

Floor Plans

Description

  • Spacious detached bungalow found in cul de sac location in popular part of Louth +
  • Three double bedrooms , modern shower room and good sized conservatory +
  • Spacious fitted kitchen , Lounge and Dining room offering flexible living space. +
  • Long driveway , lawned gardens to the front and rear of the property +
  • Flexible and very well maintained living accommodation throughout. +
  • Close to an abundance of amenities including shops and main bus routes +
  • Offered for sale with no forward chain and vacant posession on completion +
  • Energy performance certificate rating D; Council tax band C +

This spacious detached bungalow lies in this central cul de sac location, found just off Keddington Road, with close proximity to an abundance of amenities. Offered for sale with NO FORWARD CHAIN, the property offers generous and flexible living accommodation throughout, with internal viewing coming highly recommended in order to fully appreciate the space on offer, which is comprised of: Entrance hallway, lounge with fireplace and dual aspect windows, dining room, fitted kitchen, conservatory, shower room suite and three double bedrooms. The property benefits from full uPVC double glazing and gas central heating system. Outside, the property is approached by a good sized driveway and lawn to the front. To the rear, the garden is mainly lawned with established shrub and plant borders, patio area with wooden summerhouse.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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