3 Bed Semi-Detached House, Planning Permission, Louth, LN11 0JD, £295,000

Harewood Crescent, Louth, LN11 0JD - 6 months ago

Planning
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£100K - £300K
Sold Prices/m²£1.3K/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£182,679

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Total Cash In

£86,050

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£743

Running Costs/mo

£1,090

Cashflow/mo

£-347

Cashflow/yr

£-4,170

Gross Yield

3%

Local Sold Prices

50 sold prices from £100K to £300K, average is £180.5K. £1.3K/m² to £2.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£187K06/210 mi29, Harewood Crescent, Louth, Lincolnshire LN11 0JD3
£155K02/230.11 mi9, Woburn Close, Louth, Lincolnshire LN11 0HU3
£160K10/220.11 mi5, Woburn Close, Louth, Lincolnshire LN11 0HU3
£175K09/230.15 mi4, Blenheim Close, Louth, Lincolnshire LN11 0HX3
£194K05/210.17 mi23, Sandringham Drive, Louth, Lincolnshire LN11 0JE3
£195K11/200.18 mi117, High Holme Road, Louth, Lincolnshire LN11 0HD3
£124.5K03/210.18 mi79, High Holme Road, Louth, Lincolnshire LN11 0HD3
£145.9K11/200.19 mi14, Goodwood Close, Louth, Lincolnshire LN11 0YN3
£100K01/230.22 mi12, Longleat Drive, Louth, Lincolnshire LN11 0YW3
£146K10/210.24 mi146, High Holme Road, Louth, Lincolnshire LN11 0HE3
£180K03/210.24 mi110, High Holme Road, Louth, Lincolnshire LN11 0HE3
£197.5K05/230.25 mi44, Leakes Row, Louth, Lincolnshire LN11 0JZ3
£275K12/200.28 mi66, Grimsby Road, Louth, Lincolnshire LN11 0DZ3
£200K12/200.28 mi78, Grimsby Road, Louth, Lincolnshire LN11 0DZ3
£120K08/210.29 mi73, Newbridge Hill, Louth, Lincolnshire LN11 0JU3
£220K11/230.32 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£184K09/210.33 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£145K04/210.34 mi42, Michael Foale Lane, Louth, Lincolnshire LN11 0GT3
£225K02/230.35 mi14, Cedar Close, Louth, Lincolnshire LN11 0EH3
£260K07/230.35 mi42, Brackenborough Road, Louth, Lincolnshire LN11 0AE3
£179K08/210.36 mi7, Newbridge Hill, Louth, Lincolnshire LN11 0NQ3
£145K09/210.36 mi57, Broadbank, Louth, Lincolnshire LN11 0EW3
£220K11/200.36 mi56, Broadbank, Louth, Lincolnshire LN11 0EW3
£150K03/210.36 mi58, Broadbank, Louth, Lincolnshire LN11 0EW3
£155K07/210.39 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£205K05/230.39 mi29, Union Street, Louth, Lincolnshire LN11 0ES3
£145.5K02/230.4 mi6, Grimsby Road, Louth, Lincolnshire LN11 0DX3
£220K11/220.4 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£175K09/230.4 mi82, Brackenborough Road, Louth, Lincolnshire LN11 0AQ3
£239.9K01/210.41 mi21, Broadbank, Louth, Lincolnshire LN11 0EQ3
£267.5K11/220.43 mi45, Keddington Road, Louth, Lincolnshire LN11 0AU3
£254K11/200.44 mi55, Victoria Road, Louth, Lincolnshire LN11 0BU3
£105K11/220.44 mi83, Jubilee Crescent, Louth, Lincolnshire LN11 0AL3
£138K08/210.44 mi4, Eve Street, Louth, Lincolnshire LN11 0JL3
£132K08/230.45 mi46, James Street, Louth, Lincolnshire LN11 0JW3
£125K10/220.45 mi58b, James Street, Louth, Lincolnshire LN11 0JW3
£186K04/210.45 mi27, Victoria Road, Louth, Lincolnshire LN11 0BU3
£165K11/200.46 miMyrtle Cottage, Spout Yard, Louth, Lincolnshire LN11 0LW3
£239K06/210.46 miMallards Mead, Northgate, Louth, Lincolnshire LN11 0LT3
£250K11/230.46 mi74, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£181K02/230.46 mi23, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£120K02/230.46 mi10, Keddington Crescent, Louth, Lincolnshire LN11 0AR3
£148.5K07/210.47 mi23, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£125K07/210.47 mi46, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£165K01/210.47 mi53, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£273K09/230.48 mi72, Victoria Road, Louth, Lincolnshire LN11 0BX3
£300K07/230.48 mi12, Victoria Road, Louth, Lincolnshire LN11 0BX3
£220K09/210.48 mi1, Amanda Drive, Louth, Lincolnshire LN11 0AZ3
£203K11/230.48 mi8, Amanda Drive, Louth, Lincolnshire LN11 0AZ3
£260K06/230.49 mi29, Ramsgate, Louth, Lincolnshire LN11 0NB3

Local Rents

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

RentDateDistanceAddressBeds 
£85005/240.06 miChatsworth Drive, Louth3
£79505/240.16 miArundel Drive, Louth. LN11 0HZ3
£1,10005/240.21 miHigh Holme Road, Louth3
£85002/250.37 mi-3
£73505/240.45 mi-3
£82503/250.45 mi-3
£87505/240.46 mi-3
£87505/240.46 miFulmar Drive, Louth, LN113
£70005/240.46 miFulmar Drive, Louth. LN11 0ST3
£75005/240.49 miNichol Hill, Louth, LN113
£75005/240.49 miRamsgate, Louth3
£85005/240.51 mi-3
£87505/240.57 miOld Chapel Mews, Louth, LN113
£1,00006/240.58 miSt. Marys Lane, Louth3
£75005/240.61 miPriory Road, Louth3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.35 miles away

Nearest school

0.20 miles away

Nearest train station

13.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £295,000

October 30, 2024

Sold for £209,995

2015

Sold for £112,850

2012

Floor Plans

Description

  • 3-bedroom semi-detached house on a generous corner plot +
  • Located in a quiet cul-de-sac on the outskirts of Louth +
  • Development potential with previous planning permission for a detached 3-bedroom house (STPP) +
  • Potential to extend the existing property (subject to planning) +
  • Recently redecorated and offered for sale with no onward chain +
  • Driveway with off-road parking, rear garden, timber outbuilding/studio and additional garage/out +
  • Good Access into Louth Town Centre +
  • Lounge, Dining Area & Kitchen +
  • EPC Energy Rating - C +
  • Council Tax Band - B (East Lindsey District Council) +

HOUSE WITH POTENTIAL DEVELOPMENT OPPORTUNITY (Subject to Planning Permission).
A well-presented three bedroom semi-detached house situated on a generous corner plot in a quiet cul-de-sac on the outskirts of the market town of Louth, close to a range of amenities including shops, schools and facilities, along with excellent transport links & located in Lincolnshire Wolds. This property offers a development opportunity with previously having full planning permission (granted in 2014) for a 3-bedroom detached house to be built on the adjacent plot. With the large plot size, there is also potential to extend the existing property, creating additional living space (Subject to Planning Permissions). The house has recently been redecorated and is offered for sale with no onward chain. The accommodation includes an Entrance Hall, Lounge with log burner, Dining Area, Kitchen with modern fitted units and a First Floor Landing with access to three Bedrooms and a Shower Room. Externally, the property benefits from a driveway providing off-road parking and access to the attached garage and utility room/store, a rear garden with a timber outbuilding/studio and a large plot to the side offering further garden space and a large timber outbuilding/garage. 

LOCATION The historic market town of Louth; fondly known as the 'Capital of the Wolds' and beautifully positioned in an Area of Outstanding Natural Beauty, has a wealth of local services and amenities to offer. Popular points of interest include the 'people's park' of Hubbard Hills and Westgate Fields, the last remaining Lincolnshire Cattle Market and the spectacular St James' Church, boasting the tallest medieval parish church spire of approx 287 feet / 87.6 m. Other features include Louth Golf Course and Kenwick Park Golf Course, Louth Tennis Centre, London Road Sports Pavillion, Riverhead Theatre, Playhouse Cinema, Louth Museum, Kenwick Park Gym and Spa and Meridian Leisure Centre. Excellent local schools include the Ofsted 'Outstanding' graded Kidgate Academy Primary School and King Edwards Grammar School. There are a variety of GP practices and Hospital, NHS and Private Dentists. Louth is particularly well known for its vast array of independent shops, butchers and delicatessens, thrice weekly markets and the New Market Indoor Hall all offering outstanding local produce. 

ENTRANCE HALL With external door, solid wood flooring, radiator and stairs to the first floor. 

LOUNGE 14' 5" x 12' 0" (4.39m x 3.66m) With UPVC double glazed window, radiator and fireplace with a log burner. 

DINING AREA 9' 3" x 7' 8" (2.82m x 2.34m) With UPVC double glazed window, solid wood flooring, radiator and built-in storage cupboard/pantry. 

KITCHEN 10' 4" x 9' 3" (3.15m x 2.82m) With UPVC double glazed window, tiled flooring, fitted with a range of wall, base units and drawers with work surfaces over, composite sink unit and drainer, integral oven, four ring induction hob with extractor fan over, space for fridge freezer, integrated dishwasher and spotlighting. 

PORCH With access to the single garage and pantry/utility space. 

STORE / UTILITY SPACE 10' 3" x 9' 5" (3.12m x 2.87m) With a window, power, lighting, external door and plumbing and space for washing machine. 

FIRST FLOOR LANDING With UPVC double glazed window, airing cupboard with radiator and a large access hatch to the roof storage area (insulated and fully boarded). 

BEDROOM 1 11' 3" x 12' 5" includes the walk-in wardrobe (3.43m x 3.80m) With UPVC double glazed window, built-in wardrobe and radiator.  

BEDROOM 2 11' 3" x 10' 4" (3.43m x 3.15m) With UPVC double glazed window and radiator.  

SHOWER ROOM 9' 8" x 5' 6" (2.95m x 1.68m) With UPVC double glazed window, laminate flooring, partly tiled walls, low level WC, wash hand basin, shower cubicle, heated towel rail and spotlighting.  

OUTSIDE To the front of the property there is a lawned garden with a driveway providing off road parking and giving access to the attached single garage. Access leads to the side of the property with a large plot with lawned gardens and a large timber outbuilding/double garage/workshop with roof lights. To the rear of the workshop there is a large grass area, a vegetable plot and a greenhouse base (approx.12' x 8') To the rear of the property there is a further lawned garden with a patio area, a range of shrubs and access to a further timber outbuilding/studio. 

GARAGE 13' 7" x 9' 5" (4.14m x 2.87m) With up and over door, power and lighting.  

TIMBER OUTBUILDING / GARAGE 17' 7" x 17' 4" (5.36m x 5.28m)  

OUTBUILDING / STUDIO 18' 1" x 9' 6" (5.51m x 2.9m)

Agent Details

Mundys, Market Rasen

01673 263979

Next Steps?

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