3 Bed Semi-Detached House, Single Let, Louth, LN11 7AR, £199,950

62 St Peters Avenue, Cleethorpes, DN35 8HP - 2 months ago

BTL
~84 m²
+11 photos

ValuationOvervalued

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

 

 

Square Metres

~84.40 m²
Price/m²£2.4K/m²

Value Estimate

£173,915

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,988

Stamp Duty & Legal Fees

£12,697

Total Cash In

£62,684

 

 

Cash Out

 

Rent Range

£700 - £875

Rent Estimate

£743

Running Costs/mo

£793

Cashflow/mo

£-50

Cashflow/yr

£-605

Gross Yield

4%

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 
£185K04/210.03 mi26, Eastfield Road, Louth, Lincolnshire LN11 7AR3
£195K12/200.03 mi78, Eastfield Road, Louth, Lincolnshire LN11 7AR3
£144K02/210.05 mi213, Eastfield Road, Louth, Lincolnshire LN11 7AS3
£205K08/230.07 mi70, Chestnut Drive, Louth, Lincolnshire LN11 7AY3
£182K07/230.07 mi99, Chestnut Drive, Louth, Lincolnshire LN11 7AY3
£171K06/210.09 mi20, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£174K06/210.09 mi57, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£192K06/210.09 mi7, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£260K05/210.09 mi38, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£100K04/210.19 mi1, Luda Terrace, Louth, Lincolnshire LN11 7AF3
£225K12/200.26 mi34, Charles Avenue, Louth, Lincolnshire LN11 0BG3
£348K05/230.28 mi125, Keddington Road, Louth, Lincolnshire LN11 0BL3
£240K09/210.29 mi23, Christopher Close, Louth, Lincolnshire LN11 0BT3
£210K12/220.34 mi84, Keddington Road, Louth, Lincolnshire LN11 0BA3
£245K02/240.34 mi12, Grosvenor Crescent, Louth, Lincolnshire LN11 0BD3
£161K03/210.34 mi184, Monks Dyke Road, Louth, Lincolnshire LN11 8AR3
£108K01/210.34 mi161, Monks Dyke Road, Louth, Lincolnshire LN11 8AR3
£192K10/210.35 mi13, Grosvenor Road, Louth, Lincolnshire LN11 0BE3
£145K05/210.35 mi7, Riverside Court, Louth, Lincolnshire LN11 7AG3
£135K08/210.36 mi49, Lacey Gardens, Louth, Lincolnshire LN11 8DG3
£239.9K12/220.36 mi4, Grosvenor Road, Louth, Lincolnshire LN11 0BB3
£325K10/230.36 mi23, Maple Close, Louth, Lincolnshire LN11 0DW3
£121.5K05/210.4 mi14, Lacey Gardens, Louth, Lincolnshire LN11 8DF3
£128K05/210.41 mi12a, Dove Close, Louth, Lincolnshire LN11 0BZ3
£135K06/210.41 mi3, Dove Close, Louth, Lincolnshire LN11 0BZ3
£273K09/230.41 mi72, Victoria Road, Louth, Lincolnshire LN11 0BX3
£300K07/230.41 mi12, Victoria Road, Louth, Lincolnshire LN11 0BX3
£143K03/210.42 mi31, Freer Gardens, Louth, Lincolnshire LN11 8AW3
£100K11/200.44 mi31, Keddington Crescent, Louth, Lincolnshire LN11 0AP3
£186K04/210.44 mi27, Victoria Road, Louth, Lincolnshire LN11 0BU3
£272.5K01/230.45 mi264, Eastgate, Louth, Lincolnshire LN11 8DJ3
£254K11/200.45 mi55, Victoria Road, Louth, Lincolnshire LN11 0BU3
£267.5K11/220.46 mi45, Keddington Road, Louth, Lincolnshire LN11 0AU3
£195K12/220.46 mi100, St Bernards Avenue, Louth, Lincolnshire LN11 8AT3
£160K01/210.47 mi26, Swallow Drive, Louth, Lincolnshire LN11 0DN3
£120K02/230.47 mi10, Keddington Crescent, Louth, Lincolnshire LN11 0AR3
£225K02/230.47 mi260, Eastgate, Louth, Lincolnshire LN11 8DJ3
£121.5K01/240.47 mi5, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£180K11/200.47 mi21, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£155K12/200.47 mi2, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£190K11/230.49 mi153, Monks Dyke Road, Louth, Lincolnshire LN11 8DN3
£240K11/200.49 mi103, Monks Dyke Road, Louth, Lincolnshire LN11 8DN3
£220K11/220.49 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£205.5K10/210.49 mi30, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£150K02/210.49 mi14, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£229.9K07/210.49 mi32, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£170K01/210.49 mi4, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£140K11/200.49 mi63, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£153K06/230.49 mi5, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£147K01/230.5 mi67, Swallow Drive, Louth, Lincolnshire LN11 0DN3

Local Rents

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

RentDateDistanceAddressBeds 
£85006/240.31 miBroadley Crescent, Louth, LN113
£85005/240.31 mi-3
£75005/240.31 miSt. Bernards Avenue, Louth3
£75006/240.31 miSt. Bernards Avenue, Louth3
£87505/240.43 miOld Chapel Mews, Louth, LN113
£85005/240.43 mi-3
£70005/240.56 miFulmar Drive, Louth. LN11 0ST3
£73505/240.57 mi-3
£82503/250.57 mi-3
£87505/240.58 mi-3
£87505/240.58 miFulmar Drive, Louth, LN113
£85005/240.59 miLouth Park Farms, Keddington, Louth. LN11 7HL3
£85003/250.61 mi-3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.90 miles away

Nearest school

0.40 miles away

Nearest train station

13.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £199,950

February 13, 2025

Floor Plans

Description

  • Superb modern semi detached home found close to Louth centre +
  • Three spacious double bedrooms and modern bathroom to first floor +
  • Lounge, cloakroom and stunning open plan kitchen dining room +
  • Well presented living accommodation throughout +
  • Ideal property for first time buyers and young families +
  • Low maintenance garden to the rear with storage shed +
  • Driveway to the front providing off road parking for 2 cars +
  • Energy performance certificate rating ; Council tax band +

This superb modern semi detached home lies within great proximity to Louth centre and its abundance of amenities. An ideal first time buy or family home, this spacious and well presented property needs to be viewed in order to be fully appreciated. Having the benefit of full uPVC double glazing and gas central heating , living accommodation is comprised of Porch, hallway, lounge, cloakroom, superb open plan modern fitted breakfast kitchen, three double bedrooms and modern white bathroom suite to the first floor. Outside, the property benefits from a driveway to the front for 2 cars and a low maintenance garden to the rear which is ideal for entertaining and al fresco dining.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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