3 Bed Semi-Detached House, Single Let, Louth, LN11 9AL, £160,000

Priory Road, Louth, LN11 9AL - 2 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£121.5K - £335K
Sold Prices/m²£1.3K/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£183,694
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£750 - £1,100

Rent Estimate

£750

Running Costs/mo

£670

Cashflow/mo

£80

Cashflow/yr

£960

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £121.5K to £335K, average is £174.5K. £1.3K/m² to £2.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£227.5K08/210.05 mi190, Eastgate, Louth, Lincolnshire LN11 9AG3
£180K02/240.05 mi230, Eastgate, Louth, Lincolnshire LN11 9AG3
£157.5K05/210.09 mi41, Priory Close, Louth, Lincolnshire LN11 9AS3
£145K03/210.09 mi10, Alexandra Road, Louth, Lincolnshire LN11 0ND3
£202K10/220.13 mi19, Ramsgate, Louth, Lincolnshire LN11 0NB3
£260K06/230.13 mi29, Ramsgate, Louth, Lincolnshire LN11 0NB3
£205.5K10/210.16 mi30, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£150K02/210.16 mi14, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£229.9K07/210.16 mi32, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£170K01/210.16 mi4, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£140K11/200.16 mi63, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£153K06/230.16 mi5, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£165K04/230.17 mi40, Queen Street, Louth, Lincolnshire LN11 9BL3
£225K02/230.18 mi260, Eastgate, Louth, Lincolnshire LN11 8DJ3
£227K03/210.18 mi35, Mount Pleasant, Louth, Lincolnshire LN11 9DW3
£150K10/200.18 mi71, Queen Street, Louth, Lincolnshire LN11 9BJ3
£121.5K01/240.19 mi5, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£180K11/200.19 mi21, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£132K08/230.19 mi46, James Street, Louth, Lincolnshire LN11 0JW3
£125K10/220.19 mi58b, James Street, Louth, Lincolnshire LN11 0JW3
£272.5K01/230.2 mi264, Eastgate, Louth, Lincolnshire LN11 8DJ3
£155K12/200.21 mi2, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£121.5K05/210.25 mi14, Lacey Gardens, Louth, Lincolnshire LN11 8DF3
£335K12/220.27 mi4, Pippin Close, Louth, Lincolnshire LN11 9FF3
£138K08/210.27 mi4, Eve Street, Louth, Lincolnshire LN11 0JL3
£180K02/230.27 mi55, Mount Pleasant Avenue, Louth, Lincolnshire LN11 9DH3
£179K08/210.27 mi7, Newbridge Hill, Louth, Lincolnshire LN11 0NQ3
£190K11/230.27 mi153, Monks Dyke Road, Louth, Lincolnshire LN11 8DN3
£240K11/200.27 mi103, Monks Dyke Road, Louth, Lincolnshire LN11 8DN3
£225K04/210.28 mi11, Pippin Close, Louth, Lincolnshire LN11 9FF3
£182.5K12/230.28 mi26, St Michaels Road, Louth, Lincolnshire LN11 9DA3
£135K08/210.29 mi49, Lacey Gardens, Louth, Lincolnshire LN11 8DG3
£184K09/210.29 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£127K12/220.29 mi52, Kidgate, Louth, Lincolnshire LN11 9BU3
£220K11/230.3 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£145K05/210.3 mi7, Riverside Court, Louth, Lincolnshire LN11 7AG3
£239K06/210.31 miMallards Mead, Northgate, Louth, Lincolnshire LN11 0LT3
£150K03/230.31 mi72, Mount Pleasant Avenue, Louth, Lincolnshire LN11 9DJ3
£160K05/230.33 mi49, Watts Lane, Louth, Lincolnshire LN11 9DG3
£218K06/210.33 mi54b, Aswell Street, Louth, Lincolnshire LN11 9HP3
£149K11/210.35 mi24, Newmarket, Louth, Lincolnshire LN11 9EQ3
£216K02/240.35 mi5, Spire View Road, Louth, Lincolnshire LN11 8SL3
£150K05/210.35 mi52, Spire View Road, Louth, Lincolnshire LN11 8SL3
£160K12/200.35 mi61, Spire View Road, Louth, Lincolnshire LN11 8SL3
£220K11/220.38 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£155K07/210.38 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£239.9K01/210.38 mi21, Broadbank, Louth, Lincolnshire LN11 0EQ3
£145K04/210.38 mi42, Michael Foale Lane, Louth, Lincolnshire LN11 0GT3
£190K06/210.38 mi41, Lee Street, Louth, Lincolnshire LN11 9HJ3
£170K12/200.38 mi22, Lee Street, Louth, Lincolnshire LN11 9HJ3

Local Rents

13 rents from £750/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£75005/240.01 miPriory Road, Louth3
£75005/240.13 miRamsgate, Louth3
£87505/240.24 miOld Chapel Mews, Louth, LN113
£75005/240.33 miSt. Bernards Avenue, Louth3
£75006/240.33 miSt. Bernards Avenue, Louth3
£75005/240.38 miNichol Hill, Louth, LN113
£1,10005/240.4 miHigh Holme Road, Louth3
£85005/240.48 mi-3
£85006/240.48 miBroadley Crescent, Louth, LN113
£85005/240.51 miGospelgate, Louth3
£79505/240.51 miGospelgate, Louth3
£85005/240.55 miSeymour Avenue, Louth3
£85005/240.61 mi-3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.39 miles away

Nearest school

0.10 miles away

Nearest train station

13.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £160,000

January 27, 2025

Floor Plans

Description

  • Short Walk from Town Center +
  • Recently Rennovated +
  • Stunning Breakfast Kitchen +
  • Lounge & Study Area +
  • Ground Floor Bathroom +
  • Three Bedrooms +
  • Low Maintenance Rear Garden +
  • No Onward Chain +

Situated a short walk from the market town centre of Louth is this stunningly presented, recently renovated three bedroom semi detached home. This turn key property benefits from newly installed uPVC double glazing throughout. The well planned accommodation comprises of breakfast kitchen, lounge, study area, ground floor bathroom, three bedrooms and enclosed low maintenance rear garden. No Onward Chain. EPC rating: D. Tenure: Freehold,

Agent Details

Lovelle, Grimsby

01472 404571

Next Steps?

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