2 Bed Terraced House, Single Let, Louth, LN11 0JZ, £165,000

Leakes Row, Louth, LN11 0JZ - 2 months ago

BTL
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£73.5K - £260K
Sold Prices/m²£1.2K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£155,626

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,300

Total Cash In

£47,550

 

 

Cash Out

 

Rent Range

£425 - £750

Rent Estimate

£425

Running Costs/mo

£621

Cashflow/mo

£-196

Cashflow/yr

£-2,347

Gross Yield

3%

Local Sold Prices

50 sold prices from £73.5K to £260K, average is £141.3K. £1.2K/m² to £3.6K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£142.5K01/230.03 mi10, Cordeaux Close, Louth, Lincolnshire LN11 0GD2
£165K10/200.1 mi119c, High Holme Road, Louth, Lincolnshire LN11 0HD2
£130K12/200.1 mi16, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£125K04/210.1 mi18, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£130K04/210.1 mi11, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£150K10/200.1 mi22, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£160K04/240.1 mi5, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£144K10/210.14 mi2a, Brackenborough Road, Louth, Lincolnshire LN11 0AE2
£158K10/230.14 mi22, Brackenborough Road, Louth, Lincolnshire LN11 0AE2
£115K04/230.14 mi128, High Holme Road, Louth, Lincolnshire LN11 0HE2
£120K12/200.14 mi78, High Holme Road, Louth, Lincolnshire LN11 0HE2
£260K04/230.14 mi5, Orchard Close, Louth, Lincolnshire LN11 0BS2
£168K07/210.17 mi105, Brackenborough Road, Louth, Lincolnshire LN11 0AD2
£140K02/210.18 mi46, Keddington Road, Louth, Lincolnshire LN11 0AU2
£145K09/210.18 mi34, Keddington Road, Louth, Lincolnshire LN11 0AU2
£225K04/230.19 mi105, Brackenborough Road, Louth, Lincolnshire LN11 0AD2
£205K11/220.22 mi26, Station Approach, Louth, Lincolnshire LN11 0PS2
£195K10/220.22 mi20, Station Approach, Louth, Lincolnshire LN11 0PS2
£222K04/210.23 mi5, Station Approach, Louth, Lincolnshire LN11 0PS2
£133K11/200.23 mi27, Station Approach, Louth, Lincolnshire LN11 0PS2
£138K10/200.23 mi19, Station Approach, Louth, Lincolnshire LN11 0PS2
£220K02/210.23 mi11, Station Approach, Louth, Lincolnshire LN11 0PS2
£98.5K10/220.23 mi70, High Holme Road, Louth, Lincolnshire LN11 0HE2
£137.5K11/220.24 mi35, Charles Street, Louth, Lincolnshire LN11 0LB2
£125K10/210.25 mi42, Hawthorne Avenue, Louth, Lincolnshire LN11 0LD2
£142.5K01/230.27 mi6, Wellington Street, Louth, Lincolnshire LN11 0JS2
£130K05/210.27 mi12, Wellington Street, Louth, Lincolnshire LN11 0JS2
£121K06/210.27 mi4, Wellington Street, Louth, Lincolnshire LN11 0JS2
£140K08/230.3 mi44, Fulmar Drive, Louth, Lincolnshire LN11 0ST2
£184K11/200.31 mi68, Fulmar Drive, Louth, Lincolnshire LN11 0ST2
£135K12/230.31 mi60, High Holme Road, Louth, Lincolnshire LN11 0EY2
£140K05/230.31 mi58, High Holme Road, Louth, Lincolnshire LN11 0EY2
£153K03/240.32 mi31, Swallow Drive, Louth, Lincolnshire LN11 0DN2
£146.5K06/230.32 mi41, Swallow Drive, Louth, Lincolnshire LN11 0DN2
£90K03/210.36 mi26, James Street, Louth, Lincolnshire LN11 0JW2
£126.5K10/230.38 mi20, Commercial Road, Louth, Lincolnshire LN11 7AB2
£122.5K10/200.4 mi17, Riverhead, Louth, Lincolnshire LN11 0DD2
£94.5K04/210.4 mi22, Riverhead, Louth, Lincolnshire LN11 0DD2
£170K03/230.4 mi181, Eastgate, Louth, Lincolnshire LN11 8DB2
£155K06/210.4 mi179, Eastgate, Louth, Lincolnshire LN11 8DB2
£168K04/230.4 mi183, Eastgate, Louth, Lincolnshire LN11 8DB2
£170K03/230.4 mi15, Cedar Close, Louth, Lincolnshire LN11 0EH2
£150K01/230.41 mi22, Riverhead, Louth, Lincolnshire LN11 0DD2
£73.5K02/210.42 miChapel Cottage, Northgate, Louth, Lincolnshire LN11 0LY2
£94K05/210.43 mi180b, Eastgate, Louth, Lincolnshire LN11 9AG2
£116K04/210.43 mi182, Eastgate, Louth, Lincolnshire LN11 9AG2
£210K11/210.44 mi1, Lyndon Way, Louth, Lincolnshire LN11 0BH2
£97.5K10/220.44 mi3, Lucern Court, Louth, Lincolnshire LN11 7BA2
£108K02/210.44 mi4, Northgate Place, Louth, Lincolnshire LN11 0QL2
£210K11/220.44 mi21, Christopher Close, Louth, Lincolnshire LN11 0BT2

Local Rents

32 rents from £425/mo to £750/mo, average is £598/mo.

RentDateDistanceAddressBeds 
£55006/240.07 miLeakes Row, Louth2
£60003/250.2 mi-2
£55004/240.23 mi-2
£74512/240.23 mi-2
£67501/250.24 mi-2
£67505/240.24 miPlover Grove, Louth, LN112
£65006/240.26 miParsons Halt, Louth2
£62506/240.26 mi7 Newbridge Court Newbridge Hill Louth LN11 0NQ2
£55012/240.3 mi-2
£56512/240.32 miJames Street, Louth2
£62505/240.32 miRamsgate Louth LN11 0NE2
£59505/240.32 miBridge View, Ramsgate, Louth. LN11 0NE2
£62505/240.38 miCommercial Road, Louth2
£55005/240.41 mi3 Waterside Mews Eastgate Louth LN11 8DD2
£60012/240.42 miOld School Court, Eastfield Road, Louth2
£65012/240.44 mi-2
£57505/240.44 miEastgate, Louth, LN112
£57505/240.44 miEastgate, Louth, LN112
£65005/240.45 miPriory Road, Louth2
£57505/240.45 miNorthgate Court2
£57505/240.45 miNorthgate Court2
£65005/240.47 miNorthgate Court, Louth. LN11 0LZ2
£54503/250.48 mi-2
£42505/240.52 miEastgate, Louth2
£42506/240.52 miEastgate, Louth2
£62505/240.56 miThe Gatherums, Queen Street Place2
£75006/240.58 miRoyal Oak Court, Louth2
£65006/240.58 miKidgate, Louth2
£57505/240.58 miKidgate, Louth2
£52010/240.58 mi-2
£61505/240.59 miRoyal Oak Court, Louth LN11 9JA2
£49505/240.62 miChurch Street, Louth, LN11 9BZ2

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.39 miles away

Nearest school

0.20 miles away

Nearest train station

13.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Price changed to £165,000

March 20, 2025

Listed for £170,000

January 29, 2025

Description

  • NOT TO BE MISSED +
  • END TERRACE PROPERTY +
  • 2 BEDROOMS +
  • DRIVEWAY & GARAGE +
  • REAR GARDEN +

SUMMARY
*ATTENTION FIRST TIME BUYERS OR INVESTORS*
2 BEDROOM END-TERRACE PROPERTY WITH DRIVEWAY, GARAGE & GARDEN ONLY A SHORT DISTANCE AWAY FROM AMENITIES ... IN ORDER TO ARRANGE A VIEWING, PLEASE CONTACT

DESCRIPTION
*ATTENTION FIRST TIME BUYERS OR INVESTORS*

We welcome to the market this well presented 2 Bedroom End Terraced property Located in Louth only a short walk away from amenities such as schools, shops, super markets as well as public transport links leading into surrounding areas.

In brief, the property offers Lounge, Kitchen, 2 Bedrooms & Bathroom. Externally the property offers off street parking, Garage & Rear Garden.

In order to arrange a viewing, please contact the branch on

Full Details To Follow 

DIRECTIONS
See Multi-map illustration

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Skegness

01754 802896

Next Steps?

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