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3 Bed Bungalow, Single Let, Louth, LN11 0TU, £345,000

Holywell Lane, Utterby, LN11 0TU - 2 months ago

BTL
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£140K - £560K
Sold Prices/m²£1.7K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3.7K/m²

Value Estimate

£215,688

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£86,250

Stamp Duty & Legal Fees

£16,300

Total Cash In

£102,550

 

 

Cash Out

 

Rent Range

£895 - £2,500

Rent Estimate

£895

Running Costs/mo

£1,277

Cashflow/mo

£-382

Cashflow/yr

£-4,585

Gross Yield

3%

Local Sold Prices

13 sold prices from £140K to £560K, average is £247K. £1.7K/m² to £3.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£200K06/210 miSt Helens, Holywell Lane, Utterby, Louth, Lincolnshire LN11 0TU3
£250K03/230.07 miThe Forge, Main Road, Utterby, Louth, Lincolnshire LN11 0TQ3
£220K04/210.07 miIvy Cottage, Main Road, Utterby, Louth, Lincolnshire LN11 0TQ3
£182K09/210.22 miField View, Church Lane, Utterby, Louth, Lincolnshire LN11 0TH3
£355K05/210.54 miWest View, Main Road, Utterby, Louth, Lincolnshire LN11 0TP3
£320K06/211.42 miMayfield, Main Road, Fotherby, Louth, Lincolnshire LN11 0TD3
£247K06/231.79 miThe Timbers, Ings Lane, Covenham St Mary, Louth, Lincolnshire LN11 0PJ3
£355K03/241.79 miAshby, Ings Lane, Covenham St Mary, Louth, Lincolnshire LN11 0PJ3
£320K09/231.91 miPeartree Cottage, Main Road, Covenham St Bartholomew, Louth, Lincolnshire LN11 0PF3
£235K09/232.57 miCharlies, King Street, Yarburgh, Louth, Lincolnshire LN11 0PN3
£140K11/212.61 mi7, Northway, Fulstow, Louth, Lincolnshire LN11 0XH3
£160K02/212.62 mi8, Casswell Crescent, Fulstow, Louth, Lincolnshire LN11 0XJ3
£560K05/232.99 miOld Hall, Brackenborough Road, Louth, Lincolnshire LN11 0NP3

Local Rents

3 rents from £895/mo to £2.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£89512/240.65 mi-2
£2,50005/242.24 miBrakenborough, Louth4
£2,50005/242.24 miBrakenborough, Louth4

Links

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

3.70 miles away

Nearest school

1.30 miles away

Nearest train station

9.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £345,000

January 27, 2025

Floor Plans

Description

  • Detached Spacious Bungalow +
  • 22ft Lounge +
  • Kitchen and Dining Room +
  • Utility Room & Cloakroom WC +
  • Master Bedroom / Reception Room +
  • Two Additional Double Bedrooms +
  • Four Piece Suite Bathroom +
  • Easy Maintenance Gardens +
  • Off Road Parking & Garage +

Situated in the residential village of Utterby just 3 miles from the market town of Louth is this well presented, well planned and spacious three bedroom detached bungalow. The accommodation briefly comprises of entrance hall, lounge, kitchen, dining room, utility room, master bedroom (used as additional lounge), two additional double bedrooms, four piece suite family bathroom, cloakroom WC. Resin driveway and integral garage. 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 💪

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