2 Bed Terraced House, Single Let, Louth, LN11 9BZ, £165,000

62 St Peters Avenue, Cleethorpes, DN35 8HP - a month ago

Sold STC
BTL
124 m²
+15 photos

ValuationUndervalued

Sold Prices£73.5K - £280K
Sold Prices/m²£1K/m² - £5K/m²

 

 

Square Metres

124 m²
Price/m²£1.3K/m²

Value Estimate

£201,300
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Total Cash In

£50,700

 

 

Cash Out

 

Rent Range

£425 - £775

Rent Estimate

£425

Running Costs/mo

£621

Cashflow/mo

£-196

Cashflow/yr

£-2,347

Gross Yield

3%

Local Sold Prices

51 sold prices from £73.5K to £280K, average is £126K. £1K/m² to £5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£133K11/200.01 mi51, Church Street, Louth, Lincolnshire LN11 9BZ2
£100K03/210.05 mi46, Little Lane, Louth, Lincolnshire LN11 9DU2
£126K03/210.05 mi42, Little Lane, Louth, Lincolnshire LN11 9DU2
£136K03/230.05 mi46, Little Lane, Louth, Lincolnshire LN11 9DU2
£116K08/230.05 mi22, Little Lane, Louth, Lincolnshire LN11 9DU2
£112K01/240.05 mi26, Little Lane, Louth, Lincolnshire LN11 9DU2
£155K04/240.05 mi16, Little Lane, Louth, Lincolnshire LN11 9DU2
£129.6K08/210.06 mi22, Ashley Road, Louth, Lincolnshire LN11 9DB2
£109K06/210.08 mi55, Kidgate, Louth, Lincolnshire LN11 9BT2
£140K04/230.08 mi51, Kidgate, Louth, Lincolnshire LN11 9BT2
£120K11/210.09 mi3, St Michaels Road, Louth, Lincolnshire LN11 9DA2
£122K12/230.09 mi1, St Michaels Road, Louth, Lincolnshire LN11 9DA2
£122K12/230.09 mi1, St Michaels Road, Louth, Lincolnshire LN11 9DA2
£124K06/210.09 mi22, Mount Pleasant, Louth, Lincolnshire LN11 9DR2
£105K11/200.12 mi78, Church Street, Louth, Lincolnshire LN11 9DD2
£91.5K07/210.12 mi82, Church Street, Louth, Lincolnshire LN11 9DD2
£85K09/210.13 mi117, Church Street, Louth, Lincolnshire LN11 9DE2
£118K11/210.13 mi117, Newmarket, Louth, Lincolnshire LN11 9EG2
£126K09/230.13 mi101, Newmarket, Louth, Lincolnshire LN11 9EG2
£111K12/200.13 mi97, Newmarket, Louth, Lincolnshire LN11 9EG2
£145K11/200.14 mi13, Bramley Close, Louth, Lincolnshire LN11 9FE2
£135K01/210.14 mi17, Bramley Close, Louth, Lincolnshire LN11 9FE2
£127K07/210.14 mi27, Bramley Close, Louth, Lincolnshire LN11 9FE2
£160K06/230.14 mi20, Bramley Close, Louth, Lincolnshire LN11 9FE2
£150K07/230.14 mi27, Bramley Close, Louth, Lincolnshire LN11 9FE2
£137K11/230.14 mi43, Newmarket, Louth, Lincolnshire LN11 9HR2
£95K06/210.15 mi50, Kidgate, Louth, Lincolnshire LN11 9BU2
£140K07/230.17 mi10, South Terrace, Louth, Lincolnshire LN11 9DF2
£185K09/230.17 mi56, Aswell Street, Louth, Lincolnshire LN11 9HP2
£194K11/200.18 mi33, Mount Pleasant, Louth, Lincolnshire LN11 9DW2
£250K06/230.18 mi29, Mount Pleasant, Louth, Lincolnshire LN11 9DW2
£95K10/200.19 mi16b, Queen Street, Louth, Lincolnshire LN11 9AU2
£95K12/200.2 mi2, Priory Road, Louth, Lincolnshire LN11 9AL2
£87.5K05/230.2 mi8, Priory Road, Louth, Lincolnshire LN11 9AL2
£189.9K09/230.21 mi37, Lee Street, Louth, Lincolnshire LN11 9HJ2
£280K12/230.21 mi9, Pippin Close, Louth, Lincolnshire LN11 9FF2
£242K03/240.21 mi7, Pippin Close, Louth, Lincolnshire LN11 9FF2
£122K09/210.22 mi18, Kidgate, Louth, Lincolnshire LN11 9HN2
£108K02/210.23 mi4, Northgate Place, Louth, Lincolnshire LN11 0QL2
£94K05/210.24 mi180b, Eastgate, Louth, Lincolnshire LN11 9AG2
£116K04/210.24 mi182, Eastgate, Louth, Lincolnshire LN11 9AG2
£125K11/230.25 mi8, Watts Lane, Louth, Lincolnshire LN11 9DG2
£250K01/240.25 mi52, Watts Lane, Louth, Lincolnshire LN11 9DG2
£73.5K02/210.25 miChapel Cottage, Northgate, Louth, Lincolnshire LN11 0LY2
£180K03/210.26 mi42, Priory Close, Louth, Lincolnshire LN11 9AS2
£153K05/210.26 mi56, Priory Close, Louth, Lincolnshire LN11 9AS2
£170K04/230.26 mi10, Priory Close, Louth, Lincolnshire LN11 9AS2
£185K07/230.26 mi12, Priory Close, Louth, Lincolnshire LN11 9AS2
£205K12/230.26 mi28, Priory Close, Louth, Lincolnshire LN11 9AS2
£230K02/240.26 mi44, Priory Close, Louth, Lincolnshire LN11 9AS2
£97K10/210.26 mi1, Kidgate Mews, Louth, Lincolnshire LN11 9HA2

Local Rents

42 rents from £425/mo to £775/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£49505/240.01 miChurch Street, Louth, LN11 9BZ2
£57505/240.07 miKidgate, Louth2
£65006/240.08 miKidgate, Louth2
£58005/240.09 miSt Michaels Road, Louth LN11 9DA2
£49506/240.13 miChurch Street, Louth2
£67502/240.13 mi-2
£67503/250.13 mi-2
£62505/240.14 miThe Gatherums, Queen Street Place2
£65012/240.18 mi-2
£57505/240.2 miEastgate, Louth, LN112
£57505/240.2 miEastgate, Louth, LN112
£65005/240.21 miPriory Road, Louth2
£42505/240.23 miEastgate, Louth2
£42506/240.23 miEastgate, Louth2
£60005/240.25 miMawers Yard, Kidgate, Louth2
£52010/240.27 mi-2
£62505/240.27 miUpgate, Louth2
£57505/240.28 miNorthgate Court2
£57505/240.28 miNorthgate Court2
£54503/250.3 mi-2
£56512/240.3 miJames Street, Louth2
£62505/240.3 miRamsgate Louth LN11 0NE2
£59505/240.3 miBridge View, Ramsgate, Louth. LN11 0NE2
£67505/240.31 miLittle South Street, Louth, LN112
£59506/240.31 miBexon Court, Louth2
£75006/240.31 miRoyal Oak Court, Louth2
£61505/240.32 miRoyal Oak Court, Louth LN11 9JA2
£65005/240.34 miNorthgate Court, Louth. LN11 0LZ2
£65005/240.35 mi-2
£64512/240.35 mi-2
£62506/240.36 mi7 Newbridge Court Newbridge Hill Louth LN11 0NQ2
£57506/240.36 miGeorge Street, Louth2
£65006/240.37 miParsons Halt, Louth2
£55004/240.39 mi-2
£60003/250.42 mi-2
£77505/240.44 miWestgate, Louth2
£62505/240.47 miCommercial Road, Louth2
£55012/240.48 mi-2
£55005/240.55 mi3 Waterside Mews Eastgate Louth LN11 8DD2
£55006/240.56 miLeakes Row, Louth2
£60012/240.57 miOld School Court, Eastfield Road, Louth2
£65007/240.6 mi-2

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.40 miles away

Nearest school

0.10 miles away

Nearest train station

13.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £165,000

March 5, 2025

Floor Plans

Description

  • End of terrace home located a short walk from Louth market place and amenities +
  • Two double bedrooms and modern shower room found on the first floor +
  • Lounge, Kitchen dining room , conservatory and cloakroom to the ground floor +
  • Secure, gated driveway providing off road parking to the rear. +
  • Private , low maintenance rear garden ideal for al fresco dining +
  • Well maintained and spacious accommodation throughout. +
  • Ideal for first time buyers, downsizers or an ideal buy to let investment +
  • Energy performace certificate rating- C; Council tax band A +

This tastefully maintained and well presented end of terrace home is ideally located close to the Louth market place and it's wealth of amenities. Offered for sale with NO FORWARD CHAIN, the property was built in the 1980's and benefits from secure off road parking accessed from the rear, leading to a nice sized private and low maintenance garden with brick outbuilding, ideal for al fresco dining or entertaining. To the front, there is also on street parking available and a low maintenance garden. Internal viewings will reveal living accommodation comprised of; Porch, Lounge, kitchen dining room , conservatory, cloakroom, two double bedrooms and modern shower room suite. The property also benefits from full uPVC double glazing and gas central heating system.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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