2 Bed Terraced House, Single Let, Louth, LN11 7AJ, £125,000

Eastfield Road, Louth, LN11 7AJ - a month ago

BTL
ROI: 1%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£93K - £295K
Sold Prices/m²£1.4K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£155,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£550 - £875

Rent Estimate

£550

Running Costs/mo

£521

Cashflow/mo

£29

Cashflow/yr

£353

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £93K to £295K, average is £142.5K. £1.4K/m² to £3.6K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£132.5K07/210.01 mi49, Eastfield Road, Louth, Lincolnshire LN11 7AJ2
£100K01/210.06 mi1, Thames Street, Louth, Lincolnshire LN11 7AD2
£97.5K10/220.06 mi3, Lucern Court, Louth, Lincolnshire LN11 7BA2
£150K01/230.09 mi22, Riverhead, Louth, Lincolnshire LN11 0DD2
£122.5K10/200.11 mi17, Riverhead, Louth, Lincolnshire LN11 0DD2
£94.5K04/210.11 mi22, Riverhead, Louth, Lincolnshire LN11 0DD2
£123.5K12/230.11 mi59, Eastfield Road, Louth, Lincolnshire LN11 7AP2
£115K04/230.11 mi91, Eastfield Road, Louth, Lincolnshire LN11 7AP2
£110K04/230.11 mi97, Eastfield Road, Louth, Lincolnshire LN11 7AP2
£126.5K10/230.19 mi20, Commercial Road, Louth, Lincolnshire LN11 7AB2
£139K05/230.25 mi53, Broadley Crescent, Louth, Lincolnshire LN11 8AN2
£93K12/200.25 mi149, Eastfield Road, Louth, Lincolnshire LN11 7AS2
£220K03/210.25 mi179, Eastfield Road, Louth, Lincolnshire LN11 7AS2
£170K03/230.26 mi181, Eastgate, Louth, Lincolnshire LN11 8DB2
£155K06/210.26 mi179, Eastgate, Louth, Lincolnshire LN11 8DB2
£168K04/230.26 mi183, Eastgate, Louth, Lincolnshire LN11 8DB2
£140K10/200.27 mi32, Elm Drive, Louth, Lincolnshire LN11 0DQ2
£209K04/230.27 mi32, Elm Drive, Louth, Lincolnshire LN11 0DQ2
£210K11/220.27 mi21, Christopher Close, Louth, Lincolnshire LN11 0BT2
£112.5K12/200.3 mi18, Trinity Lane, Louth, Lincolnshire LN11 8DL2
£120K03/230.3 mi1, Trinity Lane, Louth, Lincolnshire LN11 8DL2
£205K01/240.3 mi61, Trinity Lane, Louth, Lincolnshire LN11 8DL2
£295K06/230.33 mi99, Monks Dyke Road, Louth, Lincolnshire LN11 8DN2
£140K02/210.33 mi46, Keddington Road, Louth, Lincolnshire LN11 0AU2
£145K09/210.33 mi34, Keddington Road, Louth, Lincolnshire LN11 0AU2
£205K11/220.33 mi26, Station Approach, Louth, Lincolnshire LN11 0PS2
£195K10/220.34 mi20, Station Approach, Louth, Lincolnshire LN11 0PS2
£222K04/210.35 mi5, Station Approach, Louth, Lincolnshire LN11 0PS2
£133K11/200.35 mi27, Station Approach, Louth, Lincolnshire LN11 0PS2
£138K10/200.35 mi19, Station Approach, Louth, Lincolnshire LN11 0PS2
£220K02/210.35 mi11, Station Approach, Louth, Lincolnshire LN11 0PS2
£260K04/230.35 mi5, Orchard Close, Louth, Lincolnshire LN11 0BS2
£173K01/230.36 mi6, Bishops Close, Louth, Lincolnshire LN11 8BT2
£115K01/210.38 mi114, St Bernards Avenue, Louth, Lincolnshire LN11 8AT2
£130K10/210.38 mi2, Freer Gardens, Louth, Lincolnshire LN11 8AW2
£135K10/230.38 mi3, Freer Gardens, Louth, Lincolnshire LN11 8AW2
£205K12/230.38 mi28, Priory Close, Louth, Lincolnshire LN11 9AS2
£185K07/230.38 mi12, Priory Close, Louth, Lincolnshire LN11 9AS2
£230K02/240.38 mi44, Priory Close, Louth, Lincolnshire LN11 9AS2
£180K03/210.38 mi42, Priory Close, Louth, Lincolnshire LN11 9AS2
£153K05/210.38 mi56, Priory Close, Louth, Lincolnshire LN11 9AS2
£170K04/230.38 mi10, Priory Close, Louth, Lincolnshire LN11 9AS2
£130K12/200.39 mi16, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£125K04/210.39 mi18, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£130K04/210.39 mi11, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£150K10/200.39 mi22, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£160K04/240.39 mi5, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£210K11/210.4 mi1, Lyndon Way, Louth, Lincolnshire LN11 0BH2
£94K05/210.4 mi180b, Eastgate, Louth, Lincolnshire LN11 9AG2
£116K04/210.4 mi182, Eastgate, Louth, Lincolnshire LN11 9AG2

Local Rents

22 rents from £550/mo to £875/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£60012/240.08 miOld School Court, Eastfield Road, Louth2
£55005/240.1 mi3 Waterside Mews Eastgate Louth LN11 8DD2
£62505/240.18 miCommercial Road, Louth2
£69505/240.27 miHarveys Lane, Louth. LN11 8BP2
£87506/240.31 miMonks Dyke Road, Louth2
£80005/240.32 mi18 Conker Grove Louth LN11 7BY2
£65006/240.39 miParsons Halt, Louth2
£77503/250.39 mi-2
£62506/240.41 mi7 Newbridge Court Newbridge Hill Louth LN11 0NQ2
£55004/240.43 mi-2
£65005/240.43 miPriory Road, Louth2
£62505/240.43 miRamsgate Louth LN11 0NE2
£59505/240.43 miBridge View, Ramsgate, Louth. LN11 0NE2
£60003/250.44 mi-2
£56512/240.51 miJames Street, Louth2
£55006/240.51 miLeakes Row, Louth2
£67505/240.51 miPlover Grove, Louth, LN112
£67501/250.51 mi-2
£74512/240.52 mi-2
£65012/240.52 mi-2
£57505/240.58 miEastgate, Louth, LN112
£57505/240.58 miEastgate, Louth, LN112

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.71 miles away

Nearest school

0.20 miles away

Nearest train station

13.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £125,000

February 26, 2025

Floor Plans

Description

  • Guide Price £135,000 - £125,000 +
  • Two Bedroom Terraced House +
  • Ideal For First Time Buyers, Investors & Small Families +
  • No Onward Chain +
  • Beautifully Presented Throughout - Ready To Move In Or Let +
  • Bright & Spacious Living Room With A Feature Fireplace +
  • Modern Fitted Kitchen With Ample Space For Appliances +
  • Three Piece Fitted Bathroom +
  • Allocated Parking Accessed From The Rear +
  • Close Proximity To Local Amenities, Schools, & Public Transport Links +

INTERNAL: Entrance Porch - With a front aspect double glazed window, and a door leading to the lounge.  Lounge - A bright and spacious room offering generous space for furniture for a range of uses, with a large front aspect double glazed window providing ample natural light, laminate flooring, a feature fireplace with a decorative surround, stairs leading to the first floor accommodation, and access to the kitchen.  Kitchen - A beautifully presented kitchen fitted with a range of wall and base units with complimenting worktops, with a rear aspect double glazed window, tiled flooring, and tiled splashbacks, ample space and plumbing for appliances, an inset sink with a mixer tap and drainer, space for furniture including a dining table, and a door providing access to the rear.  First Floor Landing - With doors leading to the two bedrooms and the bathroom.  Bedroom One - A large double sized bedroom with a front aspect double glazed window, carpeted flooring, and a storage cupboard.  Bedroom Two - A spacious double sized bedroom with a rear aspect double glazed window, and carpeted flooring.  Bathroom - A three piece suite comprising of a low-level WC, a wash hand basin with a mirrored cabinet overhead, a panelled bath with an overhead shower, partially tiled walls, and an obscure rear aspect double glazed window.  EXTERNAL: To the front of the property there is a small paved area with a path leading to the main entrance, and established plants and shrubbery boards. To the rear there is a patio seating and steps leading up to the kitchen. There is also an allocated parking space to the rear.  ADDITIONAL INFORMATION: Council Tax Band: A Local Authority: East Lindsey *This information is to be confirmed by the solicitor* Early viewing is highly recommended due to the property being realistically priced. Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property. TENURE To be confirmed by the Vendor’s Solicitors POSSESSION Vacant possession upon completion VIEWING Viewing strictly by appointment through The Express Estate Agency

Agent Details

Express Estate Agency, Nationwide

03330 165458

Next Steps?

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