3 Bed Semi-Detached House, Single Let, Louth, LN11 0FH, £180,000

9 Canal Close, Louth, LN11 0FH - a month ago

BTL
57 m²
+11 photos

ValuationOvervalued

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

 

 

Square Metres

57 m²
Price/m²£3.2K/m²

Value Estimate

£112,573

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£746

Running Costs/mo

£732

Cashflow/mo

£14

Cashflow/yr

£172

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £100K to £348K, average is £180.5K. £1.3K/m² to £3.3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£100K04/210.1 mi1, Luda Terrace, Louth, Lincolnshire LN11 7AF3
£225K12/200.11 mi34, Charles Avenue, Louth, Lincolnshire LN11 0BG3
£240K09/210.15 mi23, Christopher Close, Louth, Lincolnshire LN11 0BT3
£185K04/210.18 mi26, Eastfield Road, Louth, Lincolnshire LN11 7AR3
£195K12/200.18 mi78, Eastfield Road, Louth, Lincolnshire LN11 7AR3
£245K02/240.18 mi12, Grosvenor Crescent, Louth, Lincolnshire LN11 0BD3
£205K08/230.18 mi70, Chestnut Drive, Louth, Lincolnshire LN11 7AY3
£182K07/230.18 mi99, Chestnut Drive, Louth, Lincolnshire LN11 7AY3
£192K10/210.19 mi13, Grosvenor Road, Louth, Lincolnshire LN11 0BE3
£210K12/220.19 mi84, Keddington Road, Louth, Lincolnshire LN11 0BA3
£144K02/210.2 mi213, Eastfield Road, Louth, Lincolnshire LN11 7AS3
£239.9K12/220.21 mi4, Grosvenor Road, Louth, Lincolnshire LN11 0BB3
£325K10/230.21 mi23, Maple Close, Louth, Lincolnshire LN11 0DW3
£348K05/230.22 mi125, Keddington Road, Louth, Lincolnshire LN11 0BL3
£171K06/210.23 mi20, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£174K06/210.23 mi57, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£192K06/210.23 mi7, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£260K05/210.23 mi38, Chestnut Drive, Louth, Lincolnshire LN11 7AX3
£145K05/210.25 mi7, Riverside Court, Louth, Lincolnshire LN11 7AG3
£273K09/230.27 mi72, Victoria Road, Louth, Lincolnshire LN11 0BX3
£300K07/230.27 mi12, Victoria Road, Louth, Lincolnshire LN11 0BX3
£128K05/210.27 mi12a, Dove Close, Louth, Lincolnshire LN11 0BZ3
£135K06/210.27 mi3, Dove Close, Louth, Lincolnshire LN11 0BZ3
£100K11/200.29 mi31, Keddington Crescent, Louth, Lincolnshire LN11 0AP3
£186K04/210.29 mi27, Victoria Road, Louth, Lincolnshire LN11 0BU3
£267.5K11/220.3 mi45, Keddington Road, Louth, Lincolnshire LN11 0AU3
£254K11/200.3 mi55, Victoria Road, Louth, Lincolnshire LN11 0BU3
£135K08/210.3 mi49, Lacey Gardens, Louth, Lincolnshire LN11 8DG3
£120K02/230.32 mi10, Keddington Crescent, Louth, Lincolnshire LN11 0AR3
£160K01/210.33 mi26, Swallow Drive, Louth, Lincolnshire LN11 0DN3
£121.5K05/210.34 mi14, Lacey Gardens, Louth, Lincolnshire LN11 8DF3
£220K11/220.34 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£155K12/200.36 mi2, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£155K07/210.36 mi20, Orchard Close, Louth, Lincolnshire LN11 0BS3
£121.5K01/240.37 mi5, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£180K11/200.37 mi21, Old Mill Park, Louth, Lincolnshire LN11 0NY3
£272.5K01/230.37 mi264, Eastgate, Louth, Lincolnshire LN11 8DJ3
£147K01/230.37 mi67, Swallow Drive, Louth, Lincolnshire LN11 0DN3
£225K02/230.38 mi260, Eastgate, Louth, Lincolnshire LN11 8DJ3
£260K07/230.39 mi42, Brackenborough Road, Louth, Lincolnshire LN11 0AE3
£105K11/220.4 mi83, Jubilee Crescent, Louth, Lincolnshire LN11 0AL3
£145K04/210.41 mi42, Michael Foale Lane, Louth, Lincolnshire LN11 0GT3
£161K03/210.42 mi184, Monks Dyke Road, Louth, Lincolnshire LN11 8AR3
£108K01/210.42 mi161, Monks Dyke Road, Louth, Lincolnshire LN11 8AR3
£148.5K07/210.42 mi23, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£125K07/210.42 mi46, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£165K01/210.42 mi53, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£250K11/230.42 mi74, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£181K02/230.42 mi23, Fulmar Drive, Louth, Lincolnshire LN11 0ST3
£140K11/200.43 mi63, Trinity Lane, Louth, Lincolnshire LN11 8DL3

Local Rents

15 rents from £700/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£75005/240.24 miSt. Bernards Avenue, Louth3
£75006/240.24 miSt. Bernards Avenue, Louth3
£85005/240.29 mi-3
£87505/240.32 miOld Chapel Mews, Louth, LN113
£85005/240.35 mi-3
£85006/240.35 miBroadley Crescent, Louth, LN113
£70005/240.42 miFulmar Drive, Louth. LN11 0ST3
£73505/240.42 mi-3
£82503/250.42 mi-3
£87505/240.43 mi-3
£87505/240.43 miFulmar Drive, Louth, LN113
£85003/250.46 mi-3
£75005/240.55 miPriory Road, Louth3
£75005/240.58 miRamsgate, Louth3
£1,10005/240.59 miHigh Holme Road, Louth3

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.77 miles away

Nearest school

0.40 miles away

Nearest train station

13.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £180,000

March 13, 2025

Floor Plans

Description

  • Modern semi detached home tucked away in private position in Louth +
  • Offered for sale with no forward chain, immediate vacant possession on completion +
  • Three bedrooms, en suite shower room and family bathroom to the first floor +
  • Cloakroom, lounge and modern fitted kitchen dining room on ground floor +
  • Well placed for walking to the centre of Louth and a wealth of amenities +
  • Nice sized private rear garden and driveway to the front for two cars +
  • Ideal for first time buyers, young families or buy to let investment +
  • Energy performance certificate rating TBC; Council tax band B +

Tucked away in this private position adjacent to Louth canal, is this superb modern semi detached residence. Offered for sale with NO FORWARD CHAIN, the property benefits from off road parking to the front, and a private good sized rear garden as well as full uPVC double glazing and gas central heating system. In our opinion, the property would be suitable for first time buyers, young families, downsizing or buy to let investment. Internal viewings are strongly advised and will reveal living accommodation briefly comprising of: Entrance hallway, cloakroom, lounge, fitted kitchen dining room, three bedrooms, en suite to bedroom 1 and family bathroom suite. Outside, the driveway provides parking with the private rear garden offering further potential for improvement.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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