3 Bed Semi-Detached House, Single Let, Louth, LN11 9BJ, £225,000

49 Queen Street, Louth, LN11 9BJ - 2 months ago

BTL
127 m²
+11 photos

ValuationUndervalued

Sold Prices£104.2K - £440K
Sold Prices/m²£1.2K/m² - £2.9K/m²

 

 

Square Metres

127 m²
Price/m²£1.8K/m²

Value Estimate

£250,851
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£14,450

Total Cash In

£70,700

 

 

Cash Out

 

Rent Range

£750 - £1,100

Rent Estimate

£750

Running Costs/mo

£873

Cashflow/mo

£-123

Cashflow/yr

£-1,477

Gross Yield

4%

Local Sold Prices

50 sold prices from £104.2K to £440K, average is £180.5K. £1.2K/m² to £2.9K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£165K04/230.03 mi40, Queen Street, Louth, Lincolnshire LN11 9BL3
£127K12/220.12 mi52, Kidgate, Louth, Lincolnshire LN11 9BU3
£138K08/210.13 mi4, Eve Street, Louth, Lincolnshire LN11 0JL3
£132K08/230.14 mi46, James Street, Louth, Lincolnshire LN11 0JW3
£125K10/220.14 mi58b, James Street, Louth, Lincolnshire LN11 0JW3
£239K06/210.14 miMallards Mead, Northgate, Louth, Lincolnshire LN11 0LT3
£260K06/230.16 mi29, Ramsgate, Louth, Lincolnshire LN11 0NB3
£202K10/220.16 mi19, Ramsgate, Louth, Lincolnshire LN11 0NB3
£218K06/210.17 mi54b, Aswell Street, Louth, Lincolnshire LN11 9HP3
£145K03/210.19 mi10, Alexandra Road, Louth, Lincolnshire LN11 0ND3
£182.5K12/230.2 mi26, St Michaels Road, Louth, Lincolnshire LN11 9DA3
£190K06/210.21 mi41, Lee Street, Louth, Lincolnshire LN11 9HJ3
£170K12/200.21 mi22, Lee Street, Louth, Lincolnshire LN11 9HJ3
£165K11/200.22 miMyrtle Cottage, Spout Yard, Louth, Lincolnshire LN11 0LW3
£239.9K01/210.22 mi21, Broadbank, Louth, Lincolnshire LN11 0EQ3
£227.5K08/210.23 mi190, Eastgate, Louth, Lincolnshire LN11 9AG3
£180K02/240.23 mi230, Eastgate, Louth, Lincolnshire LN11 9AG3
£110K06/210.24 mi5, Upgate, Louth, Lincolnshire LN11 9ER3
£104.2K12/200.27 mi26, Gospelgate, Louth, Lincolnshire LN11 9JX3
£225K02/230.28 mi14, Cedar Close, Louth, Lincolnshire LN11 0EH3
£157.5K05/210.28 mi41, Priory Close, Louth, Lincolnshire LN11 9AS3
£149K11/210.28 mi24, Newmarket, Louth, Lincolnshire LN11 9EQ3
£227K03/210.29 mi35, Mount Pleasant, Louth, Lincolnshire LN11 9DW3
£195K05/210.29 mi19, South Street, Louth, Lincolnshire LN11 9JS3
£440K04/230.3 mi32, Bridge Street, Louth, Lincolnshire LN11 0DP3
£184K09/210.3 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£181K03/240.3 mi79, Upgate, Louth, Lincolnshire LN11 9HF3
£220K11/230.31 mi10, Allison Road, Louth, Lincolnshire LN11 0GL3
£179K08/210.31 mi7, Newbridge Hill, Louth, Lincolnshire LN11 0NQ3
£370K06/230.31 mi25, Gospelgate, Louth, Lincolnshire LN11 9JZ3
£145K09/210.32 mi57, Broadbank, Louth, Lincolnshire LN11 0EW3
£220K11/200.32 mi56, Broadbank, Louth, Lincolnshire LN11 0EW3
£150K03/210.32 mi58, Broadbank, Louth, Lincolnshire LN11 0EW3
£257.5K01/210.32 mi2, Quarryside, Louth, Lincolnshire LN11 9JE3
£165K03/210.32 mi1, Quarryside, Louth, Lincolnshire LN11 9JE3
£205K05/230.33 mi29, Union Street, Louth, Lincolnshire LN11 0ES3
£145.5K02/230.34 mi6, Grimsby Road, Louth, Lincolnshire LN11 0DX3
£335K12/220.34 mi4, Pippin Close, Louth, Lincolnshire LN11 9FF3
£225K04/210.34 mi11, Pippin Close, Louth, Lincolnshire LN11 9FF3
£240K03/240.35 mi19, Edward Street, Louth, Lincolnshire LN11 9LA3
£220K12/200.35 mi5, Edward Street, Louth, Lincolnshire LN11 9LA3
£121.5K01/240.36 mi5, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£180K11/200.36 mi21, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£205.5K10/210.36 mi30, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£150K02/210.36 mi14, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£229.9K07/210.36 mi32, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£170K01/210.36 mi4, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£140K11/200.36 mi63, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£153K06/230.36 mi5, Trinity Lane, Louth, Lincolnshire LN11 8DL3
£155K12/200.36 mi2, Old Mill Park, Louth, Lincolnshire LN11 0NY3

Local Rents

12 rents from £750/mo to £1.1K/mo, average is £823/mo.

RentDateDistanceAddressBeds 
£75005/240.15 miRamsgate, Louth3
£75005/240.2 miNichol Hill, Louth, LN113
£75005/240.2 miPriory Road, Louth3
£85005/240.32 miGospelgate, Louth3
£79505/240.32 miGospelgate, Louth3
£1,10005/240.38 miHigh Holme Road, Louth3
£87505/240.4 miOld Chapel Mews, Louth, LN113
£1,10005/240.47 miHorncastle Road, Louth3
£85005/240.51 miSeymour Avenue, Louth3
£75005/240.52 miSt. Bernards Avenue, Louth3
£75006/240.52 miSt. Bernards Avenue, Louth3
£1,00006/240.54 miSt. Marys Lane, Louth3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.25 miles away

Nearest school

0.10 miles away

Nearest train station

13.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £225,000

February 14, 2025

Floor Plans

Description

  • Semi detached character cottage close to Louth Market place & amenities +
  • Sympathetically updated and improved retaining great period appeal +
  • Huge principal bedroom found on the top floor of the property +
  • Two further double bedrooms and large bathroom to the first floor +
  • Lounge with wood burner, kitchen dining room and conservatory +
  • Private and low maintenance gardens to the front and rear +
  • Driveway to the front providing ample off road parking +
  • Energy performance certificate rating D; Council tax band A +

This semi detached character cottage comes steeped in history, located less than 2 minutes walk from Louth market place and amenities. Offering deceptively spacious and very well presented living accommodation across three floors, the property has been sympathetically improved and updated whilst retaining its original character and charm. Internal viewing of this excellent first time buy or family home is highly recommended in order to fully appreciate the appeal on offer. Living accommodation is comprised of: Lounge with wood burning stove, modern fitted kitchen dining room, conservatory, two double bedrooms and 4 piece bathroom suite to the first floor, with fantastic spacious principle bedroom found on the second floor. Outside, the front property is low maintenance with lawn to the front. The rear garden is private and benefits from wooden storage shed and bespoke wood store.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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