3 Bed Semi-Detached House, Single Let, Louth, LN11 7AS, £275,000

The Riverbank, Off Eastfield Road, Louth, LN11 7AS - 3 months ago

BTL
~93 m²

ValuationOvervalued

Sold Prices£100K - £348K
Sold Prices/m²£1.3K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£191,636

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£700 - £875

Rent Estimate

£739

Running Costs/mo

£1,027

Cashflow/mo

£-288

Cashflow/yr

£-3,458

Gross Yield

3%

Local Sold Prices

50 sold prices from £100K to £348K, average is £185.5K. £1.3K/m² to £3.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£144K02/210.02 mi213, Eastfield Road, Louth, Lincolnshire LN11 7AS3
£185K04/210.06 mi26, Eastfield Road, Louth, Lincolnshire LN11 7AR3
£195K12/200.06 mi78, Eastfield Road, Louth, Lincolnshire LN11 7AR3
£171K06/210.12 mi20, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£174K06/210.12 mi57, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£192K06/210.12 mi7, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£260K05/210.12 mi38, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£205K08/230.14 mi70, Chestnut Drive, Louth, Lincolnshire LN11 7AY3
£182K07/230.14 mi99, Chestnut Drive, Louth, Lincolnshire LN11 7AY3
£100K04/210.27 mi1, Luda Terrace, Louth, Lincolnshire LN11 7AF3
£348K05/230.29 mi125, Keddington Road, Louth, Lincolnshire LN11 0BL3
£225K12/200.31 mi34, Charles Avenue, Louth, Lincolnshire LN11 0BG3
£240K09/210.33 mi23, Christopher Close, Louth, Lincolnshire LN11 0BT3
£210K12/220.38 mi84, Keddington Road, Louth, Lincolnshire LN11 0BA3
£161K03/210.39 mi184, Monks Dyke Road, Louth, Lincolnshire LN11 8AR3
£108K01/210.39 mi161, Monks Dyke Road, Louth, Lincolnshire LN11 8AR3
£245K02/240.39 mi12, Grosvenor Crescent, Louth, Lincolnshire LN11 0BD3
£192K10/210.4 mi13, Grosvenor Road, Louth, Lincolnshire LN11 0BE3
£239.9K12/220.42 mi4, Grosvenor Road, Louth, Lincolnshire LN11 0BB3
£325K10/230.43 mi23, Maple Close, Louth, Lincolnshire LN11 0DW3
£145K05/210.43 mi7, Riverside Court, Louth, Lincolnshire LN11 7AG3
£135K08/210.44 mi49, Lacey Gardens, Louth, Lincolnshire LN11 8DG3
£128K05/210.45 mi12a, Dove Close, Louth, Lincolnshire LN11 0BZ3
£135K06/210.45 mi3, Dove Close, Louth, Lincolnshire LN11 0BZ3
£143K03/210.47 mi31, Freer Gardens, Louth, Lincolnshire LN11 8AW3
£100K11/200.48 mi31, Keddington Crescent, Louth, Lincolnshire LN11 0AP3
£121.5K05/210.48 mi14, Lacey Gardens, Louth, Lincolnshire LN11 8DF3
£273K09/230.48 mi72, Victoria Road, Louth, Lincolnshire LN11 0BX3
£300K07/230.48 mi12, Victoria Road, Louth, Lincolnshire LN11 0BX3
£160K01/210.5 mi26, Swallow Drive, Louth, Lincolnshire LN11 0DN3
£120K02/230.51 mi10, Keddington Crescent, Louth, Lincolnshire LN11 0AR3
£186K04/210.51 mi27, Victoria Road, Louth, Lincolnshire LN11 0BU3
£267.5K11/220.51 mi45, Keddington Road, Louth, Lincolnshire LN11 0AU3
£254K11/200.52 mi55, Victoria Road, Louth, Lincolnshire LN11 0BU3
£195K12/220.52 mi100, St Bernards Avenue, Louth, Lincolnshire LN11 8AT3
£272.5K01/230.52 mi264, Eastgate, Louth, Lincolnshire LN11 8DJ3
£147K01/230.53 mi67, Swallow Drive, Louth, Lincolnshire LN11 0DN3
£225K02/230.54 mi260, Eastgate, Louth, Lincolnshire LN11 8DJ3
£121.5K01/240.55 mi5, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£180K11/200.55 mi21, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£155K12/200.55 mi2, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£190K11/230.56 mi153, Monks Dyke Road, Louth, Lincolnshire LN11 8DN3
£240K11/200.56 mi103, Monks Dyke Road, Louth, Lincolnshire LN11 8DN3
£220K11/220.56 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£205.5K10/210.57 mi30, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£150K02/210.57 mi14, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£229.9K07/210.57 mi32, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£170K01/210.57 mi4, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£140K11/200.57 mi63, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£153K06/230.57 mi5, Trinity Lane, Louth, Lincolnshire LN11 8DL3

Local Rents

12 rents from £700/mo to £875/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85006/240.37 miBroadley Crescent, Louth, LN113
£85005/240.37 mi-3
£75005/240.39 miSt. Bernards Avenue, Louth3
£75006/240.39 miSt. Bernards Avenue, Louth3
£85005/240.47 mi-3
£87505/240.5 miOld Chapel Mews, Louth, LN113
£85005/240.54 miLouth Park Farms, Keddington, Louth. LN11 7HL3
£70005/240.59 miFulmar Drive, Louth. LN11 0ST3
£73505/240.6 mi-3
£82503/250.6 mi-3
£87505/240.61 mi-3
£87505/240.61 miFulmar Drive, Louth, LN113

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.98 miles away

Nearest school

0.50 miles away

Nearest train station

13.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £275,000

January 27, 2025

Description

  • Exclusive New Development +
  • Contemporary Styled Semi Detached House +
  • Open Plan Kitchen Diner +
  • Lounge & Cloakroom WC +
  • Three Bedrooms & Bathroom +
  • Driveway for 2 Vehicles +
  • Rear Garden & Paved Patio +
  • New build Reservations Being Taken +

We are very excited to bring you the 2nd phase of this exclusive development 'The Riverbank' just off Eastfield Road, Louth. This three bedroom semi detached house, is built to a high specification by local builders Linia Developments. Prospective purchasers will have the option to choose the kitchens and bathrooms to personalise their dream home. Please contact for further details on the development. EPC rating: Exempt. Tenure: Freehold,

Agent Details

Lovelle, Grimsby

01472 404571

Next Steps?

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