3 Bed Terraced House, Single Let, Louth, LN11 0FA, £169,995

Theodore West Way, Louth, LN11 0FA - 2 months ago

BTL
ROI: 1%
~93 m²
+9 photos

ValuationUndervalued

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

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£190,961
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,499

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,799

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£744

Running Costs/mo

£700

Cashflow/mo

£44

Cashflow/yr

£528

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £100K to £325K, average is £188K. £1.4K/m² to £3.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£145K05/210.06 mi7, Riverside Court, Louth, Lincolnshire LN11 7AG3
£325K10/230.12 mi23, Maple Close, Louth, Lincolnshire LN11 0DW3
£273K09/230.13 mi72, Victoria Road, Louth, Lincolnshire LN11 0BX3
£300K07/230.13 mi12, Victoria Road, Louth, Lincolnshire LN11 0BX3
£100K04/210.14 mi1, Luda Terrace, Louth, Lincolnshire LN11 7AF3
£155K12/200.15 mi2, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£186K04/210.15 mi27, Victoria Road, Louth, Lincolnshire LN11 0BU3
£121.5K01/240.16 mi5, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£180K11/200.16 mi21, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£254K11/200.16 mi55, Victoria Road, Louth, Lincolnshire LN11 0BU3
£135K08/210.17 mi49, Lacey Gardens, Louth, Lincolnshire LN11 8DG3
£192K10/210.17 mi13, Grosvenor Road, Louth, Lincolnshire LN11 0BE3
£239.9K12/220.17 mi4, Grosvenor Road, Louth, Lincolnshire LN11 0BB3
£121.5K05/210.18 mi14, Lacey Gardens, Louth, Lincolnshire LN11 8DF3
£272.5K01/230.19 mi264, Eastgate, Louth, Lincolnshire LN11 8DJ3
£245K02/240.19 mi12, Grosvenor Crescent, Louth, Lincolnshire LN11 0BD3
£220K11/220.2 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£225K02/230.2 mi260, Eastgate, Louth, Lincolnshire LN11 8DJ3
£225K12/200.2 mi34, Charles Avenue, Louth, Lincolnshire LN11 0BG3
£155K07/210.21 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£267.5K11/220.22 mi45, Keddington Road, Louth, Lincolnshire LN11 0AU3
£205.5K10/210.25 mi30, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£150K02/210.25 mi14, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£229.9K07/210.25 mi32, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£170K01/210.25 mi4, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£140K11/200.25 mi63, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£153K06/230.25 mi5, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£240K09/210.25 mi23, Christopher Close, Louth, Lincolnshire LN11 0BT3
£210K12/220.25 mi84, Keddington Road, Louth, Lincolnshire LN11 0BA3
£145K04/210.26 mi42, Michael Foale Lane, Louth, Lincolnshire LN11 0GT3
£179K08/210.3 mi7, Newbridge Hill, Louth, Lincolnshire LN11 0NQ3
£135K06/210.3 mi3, Dove Close, Louth, Lincolnshire LN11 0BZ3
£227.5K08/210.3 mi190, Eastgate, Louth, Lincolnshire LN11 9AG3
£180K02/240.3 mi230, Eastgate, Louth, Lincolnshire LN11 9AG3
£128K05/210.31 mi12a, Dove Close, Louth, Lincolnshire LN11 0BZ3
£157.5K05/210.31 mi41, Priory Close, Louth, Lincolnshire LN11 9AS3
£120K08/210.31 mi73, Newbridge Hill, Louth, Lincolnshire LN11 0JU3
£120K02/230.31 mi10, Keddington Crescent, Louth, Lincolnshire LN11 0AR3
£100K11/200.31 mi31, Keddington Crescent, Louth, Lincolnshire LN11 0AP3
£205K08/230.32 mi70, Chestnut Drive, Louth, Lincolnshire LN11 7AY3
£182K07/230.32 mi99, Chestnut Drive, Louth, Lincolnshire LN11 7AY3
£145K03/210.32 mi10, Alexandra Road, Louth, Lincolnshire LN11 0ND3
£260K07/230.33 mi42, Brackenborough Road, Louth, Lincolnshire LN11 0AE3
£184K09/210.33 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£190K11/230.33 mi153, Monks Dyke Road, Louth, Lincolnshire LN11 8DN3
£240K11/200.33 mi103, Monks Dyke Road, Louth, Lincolnshire LN11 8DN3
£220K11/230.34 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£197.5K05/230.35 mi44, Leakes Row, Louth, Lincolnshire LN11 0JZ3
£202K10/220.36 mi19, Ramsgate, Louth, Lincolnshire LN11 0NB3
£195K12/200.36 mi78, Eastfield Road, Louth, Lincolnshire LN11 7AR3

Local Rents

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

RentDateDistanceAddressBeds 
£87505/240.11 miOld Chapel Mews, Louth, LN113
£75005/240.12 miSt. Bernards Avenue, Louth3
£75006/240.12 miSt. Bernards Avenue, Louth3
£85005/240.31 mi-3
£85005/240.34 mi-3
£85006/240.34 miBroadley Crescent, Louth, LN113
£75005/240.34 miPriory Road, Louth3
£75005/240.37 miRamsgate, Louth3
£1,10005/240.42 miHigh Holme Road, Louth3
£85003/250.43 mi-3
£70005/240.43 miFulmar Drive, Louth. LN11 0ST3
£73505/240.44 mi-3
£82503/250.44 mi-3
£87505/240.45 mi-3
£87505/240.45 miFulmar Drive, Louth, LN113

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.57 miles away

Nearest school

0.20 miles away

Nearest train station

13.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £169,995

January 27, 2025

Floor Plans

Description

  • Mid Terrace Property +
  • Popular Residential Location +
  • Three Spacious Bedrooms +
  • Lounge +
  • Modern Kitchen Diner +
  • Cloakroom WC +
  • Family Bathroom +
  • Enclosed Low Maintenance Rear Garden +
  • Allocated Parking Space +
  • No Onward Chain +

This deceptively spacious three bedroom mid terrace built in 2010 is located in the popular market town of Louth, offering plenty of room to live and grow. Spread over two floors, the home has generous sized bedrooms and a combatable living space in the form of a kitchen diner and lounge. Outside there is a low maintenance rear garden, ideal for relaxing or entertaining. With local shops, schools and amenities all within a stones throw of the property. The property is been offered with NO ONWARD CHAIN and is perfect for first time buyers, families or investors.  EPC rating: B. Tenure: Freehold,

Agent Details

Lovelle, Grimsby

01472 404571

Next Steps?

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