2 Bed Terraced House, Single Let, Louth, LN11 0DD, £175,000

Riverhead, Louth, LN11 0DD - 2 views - 3 months ago

BTL
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£93K - £295K
Sold Prices/m²£1.4K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£158,711

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£550 - £875

Rent Estimate

£550

Running Costs/mo

£677

Cashflow/mo

£-127

Cashflow/yr

£-1,522

Gross Yield

4%

Local Sold Prices

50 sold prices from £93K to £295K, average is £150K. £1.4K/m² to £3.6K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£122.5K10/200 mi17, Riverhead, Louth, Lincolnshire LN11 0DD2
£94.5K04/210 mi22, Riverhead, Louth, Lincolnshire LN11 0DD2
£150K01/230.02 mi22, Riverhead, Louth, Lincolnshire LN11 0DD2
£100K01/210.06 mi1, Thames Street, Louth, Lincolnshire LN11 7AD2
£97.5K10/220.11 mi3, Lucern Court, Louth, Lincolnshire LN11 7BA2
£132.5K07/210.11 mi49, Eastfield Road, Louth, Lincolnshire LN11 7AJ2
£123.5K12/230.14 mi59, Eastfield Road, Louth, Lincolnshire LN11 7AP2
£115K04/230.14 mi91, Eastfield Road, Louth, Lincolnshire LN11 7AP2
£110K04/230.14 mi97, Eastfield Road, Louth, Lincolnshire LN11 7AP2
£210K11/220.18 mi21, Christopher Close, Louth, Lincolnshire LN11 0BT2
£140K10/200.19 mi32, Elm Drive, Louth, Lincolnshire LN11 0DQ2
£209K04/230.19 mi32, Elm Drive, Louth, Lincolnshire LN11 0DQ2
£126.5K10/230.2 mi20, Commercial Road, Louth, Lincolnshire LN11 7AB2
£140K02/210.23 mi46, Keddington Road, Louth, Lincolnshire LN11 0AU2
£145K09/210.23 mi34, Keddington Road, Louth, Lincolnshire LN11 0AU2
£260K04/230.27 mi5, Orchard Close, Louth, Lincolnshire LN11 0BS2
£170K03/230.28 mi181, Eastgate, Louth, Lincolnshire LN11 8DB2
£155K06/210.28 mi179, Eastgate, Louth, Lincolnshire LN11 8DB2
£168K04/230.28 mi183, Eastgate, Louth, Lincolnshire LN11 8DB2
£93K12/200.28 mi149, Eastfield Road, Louth, Lincolnshire LN11 7AS2
£220K03/210.28 mi179, Eastfield Road, Louth, Lincolnshire LN11 7AS2
£205K11/220.29 mi26, Station Approach, Louth, Lincolnshire LN11 0PS2
£210K11/210.3 mi1, Lyndon Way, Louth, Lincolnshire LN11 0BH2
£195K10/220.3 mi20, Station Approach, Louth, Lincolnshire LN11 0PS2
£222K04/210.31 mi5, Station Approach, Louth, Lincolnshire LN11 0PS2
£133K11/200.31 mi27, Station Approach, Louth, Lincolnshire LN11 0PS2
£138K10/200.31 mi19, Station Approach, Louth, Lincolnshire LN11 0PS2
£220K02/210.31 mi11, Station Approach, Louth, Lincolnshire LN11 0PS2
£153K03/240.31 mi31, Swallow Drive, Louth, Lincolnshire LN11 0DN2
£146.5K06/230.31 mi41, Swallow Drive, Louth, Lincolnshire LN11 0DN2
£130K12/200.32 mi16, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£125K04/210.32 mi18, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£130K04/210.32 mi11, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£150K10/200.32 mi22, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£160K04/240.32 mi5, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£210K03/240.34 mi5, Lyndon Crescent, Louth, Lincolnshire LN11 0BJ2
£144K10/210.34 mi2a, Brackenborough Road, Louth, Lincolnshire LN11 0AE2
£158K10/230.34 mi22, Brackenborough Road, Louth, Lincolnshire LN11 0AE2
£112.5K12/200.35 mi18, Trinity Lane, Louth, Lincolnshire LN11 8DL2
£120K03/230.35 mi1, Trinity Lane, Louth, Lincolnshire LN11 8DL2
£205K01/240.35 mi61, Trinity Lane, Louth, Lincolnshire LN11 8DL2
£139K05/230.35 mi53, Broadley Crescent, Louth, Lincolnshire LN11 8AN2
£140K08/230.39 mi44, Fulmar Drive, Louth, Lincolnshire LN11 0ST2
£184K11/200.4 mi68, Fulmar Drive, Louth, Lincolnshire LN11 0ST2
£168K07/210.4 mi105, Brackenborough Road, Louth, Lincolnshire LN11 0AD2
£295K06/230.41 mi99, Monks Dyke Road, Louth, Lincolnshire LN11 8DN2
£185K07/230.42 mi12, Priory Close, Louth, Lincolnshire LN11 9AS2
£180K03/210.42 mi42, Priory Close, Louth, Lincolnshire LN11 9AS2
£153K05/210.42 mi56, Priory Close, Louth, Lincolnshire LN11 9AS2
£170K04/230.42 mi10, Priory Close, Louth, Lincolnshire LN11 9AS2

Local Rents

22 rents from £550/mo to £875/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£60012/240.12 miOld School Court, Eastfield Road, Louth2
£55005/240.13 mi3 Waterside Mews Eastgate Louth LN11 8DD2
£62505/240.2 miCommercial Road, Louth2
£65006/240.36 miParsons Halt, Louth2
£69505/240.37 miHarveys Lane, Louth. LN11 8BP2
£62506/240.38 mi7 Newbridge Court Newbridge Hill Louth LN11 0NQ2
£55004/240.39 mi-2
£60003/250.4 mi-2
£67505/240.41 miPlover Grove, Louth, LN112
£67501/250.41 mi-2
£74512/240.41 mi-2
£80005/240.42 mi18 Conker Grove Louth LN11 7BY2
£62505/240.42 miRamsgate Louth LN11 0NE2
£59505/240.42 miBridge View, Ramsgate, Louth. LN11 0NE2
£87506/240.42 miMonks Dyke Road, Louth2
£55006/240.44 miLeakes Row, Louth2
£65005/240.45 miPriory Road, Louth2
£77503/250.48 mi-2
£56512/240.48 miJames Street, Louth2
£65012/240.52 mi-2
£57505/240.58 miEastgate, Louth, LN112
£57505/240.58 miEastgate, Louth, LN112

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.68 miles away

Nearest school

0.30 miles away

Nearest train station

13.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £175,000

January 27, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Entrance Hall & Cloakroom WC +
  • Lounge +
  • Breakfast Kitchen +
  • Conservatory +
  • Modern Bathroom +
  • Driveway +
  • Spacious Rear Garden +

We are delighted to offer for sale this modern two bedroom end terrace town house, located in a sought after residential area of Louth. The well planned accommodation briefly comprises:  entrance hall,  cloakroom wc, lounge, kitchen diner, two bedrooms and modern bathroom. Driveway to the side of the property and rear gardens. No forward chain involved. EPC rating: C. Tenure: Freehold,

Agent Details

Lovelle, Grimsby

01472 404571

Next Steps?

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