2 Bed Terraced House, Single Let, Louth, LN11 9DA, £147,500





ValuationOvervalued
Sold Prices | £73.5K - £336.5K |
Sold Prices/m² | £1.4K/m² - £5K/m² |
| |
Square Metres | 61 m² |
Price/m² | £2.4K/m² |
Value Estimate | £129,787£129,787 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £36,875£36,875 |
Stamp Duty & Legal Fees | £9,025£9,025 |
Total Cash In | £45,900£45,900 |
| |
Cash Out | |
Rent Range | £425 - £775£425 - £775 |
Rent Estimate | £425 |
Running Costs/mo | £566£566 |
Cashflow/mo | £-141£-141 |
Cashflow/yr | £-1,691£-1,691 |
Gross Yield | 3%3% |
Local Sold Prices
51 sold prices from £73.5K to £336.5K, average is £127K. £1.4K/m² to £5K/m², average is £2.2K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£120K | 11/21 | 0.01 mi | 3, St Michaels Road, Louth, Lincolnshire LN11 9DA | £1,935 | 62 | 2 | Terraced House | |
£122K | 12/23 | 0.01 mi | 1, St Michaels Road, Louth, Lincolnshire LN11 9DA | £2,103 | 58 | 2 | Terraced House | |
£122K | 12/23 | 0.01 mi | 1, St Michaels Road, Louth, Lincolnshire LN11 9DA | £2,103 | 58 | 2 | Terraced House | |
£118K | 11/21 | 0.05 mi | 117, Newmarket, Louth, Lincolnshire LN11 9EG | £1,735 | 68 | 2 | Terraced House | |
£126K | 09/23 | 0.05 mi | 101, Newmarket, Louth, Lincolnshire LN11 9EG | - | - | 2 | Terraced House | |
£111K | 12/20 | 0.05 mi | 97, Newmarket, Louth, Lincolnshire LN11 9EG | £2,313 | 48 | 2 | Terraced House | |
£129.6K | 08/21 | 0.06 mi | 22, Ashley Road, Louth, Lincolnshire LN11 9DB | £1,906 | 68 | 2 | Terraced House | |
£105K | 11/20 | 0.06 mi | 78, Church Street, Louth, Lincolnshire LN11 9DD | £1,842 | 57 | 2 | Terraced House | |
£91.5K | 07/21 | 0.06 mi | 82, Church Street, Louth, Lincolnshire LN11 9DD | £2,288 | 40 | 2 | Terraced House | |
£137K | 11/23 | 0.07 mi | 43, Newmarket, Louth, Lincolnshire LN11 9HR | £1,779 | 77 | 2 | Terraced House | |
£85K | 09/21 | 0.08 mi | 117, Church Street, Louth, Lincolnshire LN11 9DE | £1,532 | 55 | 2 | Terraced House | |
£133K | 11/20 | 0.1 mi | 51, Church Street, Louth, Lincolnshire LN11 9BZ | £2,046 | 65 | 2 | Terraced House | |
£124K | 06/21 | 0.12 mi | 22, Mount Pleasant, Louth, Lincolnshire LN11 9DR | £2,255 | 55 | 2 | Terraced House | |
£109K | 06/21 | 0.12 mi | 55, Kidgate, Louth, Lincolnshire LN11 9BT | - | - | 2 | Terraced House | |
£140K | 04/23 | 0.12 mi | 51, Kidgate, Louth, Lincolnshire LN11 9BT | - | - | 2 | Terraced House | |
£185K | 09/23 | 0.13 mi | 56, Aswell Street, Louth, Lincolnshire LN11 9HP | £1,437 | 129 | 2 | Terraced House | |
£100K | 03/21 | 0.13 mi | 46, Little Lane, Louth, Lincolnshire LN11 9DU | £2,128 | 47 | 2 | Terraced House | |
£126K | 03/21 | 0.13 mi | 42, Little Lane, Louth, Lincolnshire LN11 9DU | - | - | 2 | Terraced House | |
£136K | 03/23 | 0.13 mi | 46, Little Lane, Louth, Lincolnshire LN11 9DU | £2,894 | 47 | 2 | Terraced House | |
£116K | 08/23 | 0.13 mi | 22, Little Lane, Louth, Lincolnshire LN11 9DU | £2,384 | 49 | 2 | Terraced House | |
£112K | 01/24 | 0.13 mi | 26, Little Lane, Louth, Lincolnshire LN11 9DU | £1,806 | 62 | 2 | Terraced House | |
£155K | 04/24 | 0.13 mi | 16, Little Lane, Louth, Lincolnshire LN11 9DU | £2,981 | 52 | 2 | Terraced House | |
£140K | 07/23 | 0.13 mi | 10, South Terrace, Louth, Lincolnshire LN11 9DF | £2,642 | 53 | 2 | Terraced House | |
£95K | 06/21 | 0.14 mi | 50, Kidgate, Louth, Lincolnshire LN11 9BU | - | - | 2 | Terraced House | |
£145K | 11/20 | 0.14 mi | 13, Bramley Close, Louth, Lincolnshire LN11 9FE | £2,589 | 56 | 2 | Detached House | |
£135K | 01/21 | 0.14 mi | 17, Bramley Close, Louth, Lincolnshire LN11 9FE | £3,140 | 43 | 2 | Semi-Detached House | |
£127K | 07/21 | 0.14 mi | 27, Bramley Close, Louth, Lincolnshire LN11 9FE | - | - | 2 | Terraced House | |
£160K | 06/23 | 0.14 mi | 20, Bramley Close, Louth, Lincolnshire LN11 9FE | £2,759 | 58 | 2 | Terraced House | |
£150K | 07/23 | 0.14 mi | 27, Bramley Close, Louth, Lincolnshire LN11 9FE | - | - | 2 | Terraced House | |
£189.9K | 09/23 | 0.16 mi | 37, Lee Street, Louth, Lincolnshire LN11 9HJ | £2,289 | 83 | 2 | Terraced House | |
£122K | 09/21 | 0.19 mi | 18, Kidgate, Louth, Lincolnshire LN11 9HN | £2,346 | 52 | 2 | Terraced House | |
£143K | 11/21 | 0.2 mi | 45, Tennyson Road, Louth, Lincolnshire LN11 9HZ | £2,053 | 70 | 2 | Semi-Detached House | |
£154K | 06/23 | 0.2 mi | 21, Tennyson Road, Louth, Lincolnshire LN11 9HZ | £2,200 | 70 | 2 | Terraced House | |
£153K | 05/23 | 0.21 mi | 114, Upgate, Louth, Lincolnshire LN11 9HG | £1,870 | 82 | 2 | Terraced House | |
£97K | 10/21 | 0.23 mi | 1, Kidgate Mews, Louth, Lincolnshire LN11 9HA | £1,492 | 65 | 2 | Terraced House | |
£194K | 11/20 | 0.24 mi | 33, Mount Pleasant, Louth, Lincolnshire LN11 9DW | - | - | 2 | Semi-Detached House | |
£250K | 06/23 | 0.24 mi | 29, Mount Pleasant, Louth, Lincolnshire LN11 9DW | - | - | 2 | Detached House | |
£280K | 12/23 | 0.25 mi | 9, Pippin Close, Louth, Lincolnshire LN11 9FF | £5,043 | 56 | 2 | Detached House | |
£242K | 03/24 | 0.25 mi | 7, Pippin Close, Louth, Lincolnshire LN11 9FF | £3,667 | 66 | 2 | Bungalow | |
£99.5K | 02/21 | 0.25 mi | 175, Newmarket, Louth, Lincolnshire LN11 9EJ | £2,073 | 48 | 2 | Terraced House | |
£120K | 08/23 | 0.25 mi | 177, Newmarket, Louth, Lincolnshire LN11 9EJ | £2,353 | 51 | 2 | Terraced House | |
£142.5K | 12/23 | 0.25 mi | 197, Newmarket, Louth, Lincolnshire LN11 9EJ | £2,500 | 57 | 2 | Terraced House | |
£139.9K | 02/21 | 0.25 mi | 1a, Little South Street, Louth, Lincolnshire LN11 9JR | £2,058 | 68 | 2 | Terraced House | |
£128.5K | 11/23 | 0.25 mi | 8, Little South Street, Louth, Lincolnshire LN11 9JR | £1,825 | 70 | 2 | Terraced House | |
£125K | 11/23 | 0.26 mi | 8, Watts Lane, Louth, Lincolnshire LN11 9DG | £2,886 | 43 | 2 | Terraced House | |
£250K | 01/24 | 0.26 mi | 52, Watts Lane, Louth, Lincolnshire LN11 9DG | £4,495 | 56 | 2 | Bungalow | |
£108K | 02/21 | 0.28 mi | 4, Northgate Place, Louth, Lincolnshire LN11 0QL | £1,800 | 60 | 2 | Semi-Detached House | |
£95K | 12/20 | 0.3 mi | 2, Priory Road, Louth, Lincolnshire LN11 9AL | £2,338 | 41 | 2 | Terraced House | |
£87.5K | 05/23 | 0.3 mi | 8, Priory Road, Louth, Lincolnshire LN11 9AL | - | - | 2 | Detached House | |
£336.5K | 03/24 | 0.3 mi | 2, Gospelgate Mews, Louth, Lincolnshire LN11 9JX | £4,547 | 74 | 2 | Semi-Detached House | |
£73.5K | 02/21 | 0.31 mi | Chapel Cottage, Northgate, Louth, Lincolnshire LN11 0LY | £1,564 | 47 | 2 | Semi-Detached House |
Local Rents
40 rents from £425/mo to £775/mo, average is £608/mo.
Rent | Date | Distance | Address | Beds | Type | |
£580 | 05/24 | 0.01 mi | St Michaels Road, Louth LN11 9DA | 2 | Terraced House | |
£495 | 06/24 | 0.06 mi | Church Street, Louth | 2 | Terraced House | |
£675 | 02/24 | 0.09 mi | - | 2 | Terraced House | |
£675 | 03/25 | 0.09 mi | - | 2 | Terraced House | |
£495 | 05/24 | 0.1 mi | Church Street, Louth, LN11 9BZ | 2 | Flat | |
£575 | 05/24 | 0.12 mi | Kidgate, Louth | 2 | Flat | |
£650 | 06/24 | 0.12 mi | Kidgate, Louth | 2 | Semi-Detached House | |
£625 | 05/24 | 0.17 mi | The Gatherums, Queen Street Place | 2 | Semi-Detached House | |
£600 | 05/24 | 0.22 mi | Mawers Yard, Kidgate, Louth | 2 | Terraced House | |
£625 | 05/24 | 0.23 mi | Upgate, Louth | 2 | Terraced House | |
£425 | 05/24 | 0.25 mi | Eastgate, Louth | 2 | Flat | |
£425 | 06/24 | 0.25 mi | Eastgate, Louth | 2 | Flat | |
£675 | 05/24 | 0.25 mi | Little South Street, Louth, LN11 | 2 | Terraced House | |
£520 | 10/24 | 0.26 mi | - | 2 | Flat | |
£575 | 05/24 | 0.27 mi | Eastgate, Louth, LN11 | 2 | Flat | |
£575 | 05/24 | 0.27 mi | Eastgate, Louth, LN11 | 2 | Flat | |
£650 | 05/24 | 0.27 mi | - | 2 | Flat | |
£650 | 12/24 | 0.27 mi | - | 2 | Flat | |
£645 | 12/24 | 0.27 mi | - | 2 | Flat | |
£595 | 06/24 | 0.29 mi | Bexon Court, Louth | 2 | Flat | |
£750 | 06/24 | 0.31 mi | Royal Oak Court, Louth | 2 | Terraced House | |
£650 | 05/24 | 0.31 mi | Priory Road, Louth | 2 | Terraced House | |
£615 | 05/24 | 0.32 mi | Royal Oak Court, Louth LN11 9JA | 2 | Terraced House | |
£575 | 05/24 | 0.32 mi | Northgate Court | 2 | Flat | |
£575 | 05/24 | 0.32 mi | Northgate Court | 2 | Flat | |
£575 | 06/24 | 0.32 mi | George Street, Louth | 2 | Flat | |
£545 | 03/25 | 0.33 mi | - | 2 | Flat | |
£650 | 05/24 | 0.36 mi | Northgate Court, Louth. LN11 0LZ | 2 | Flat | |
£565 | 12/24 | 0.38 mi | James Street, Louth | 2 | Terraced House | |
£625 | 05/24 | 0.39 mi | Ramsgate Louth LN11 0NE | 2 | Detached House | |
£595 | 05/24 | 0.39 mi | Bridge View, Ramsgate, Louth. LN11 0NE | 2 | Flat | |
£775 | 05/24 | 0.41 mi | Westgate, Louth | 2 | Flat | |
£625 | 06/24 | 0.45 mi | 7 Newbridge Court Newbridge Hill Louth LN11 0NQ | 2 | Flat | |
£650 | 06/24 | 0.47 mi | Parsons Halt, Louth | 2 | Detached House | |
£550 | 04/24 | 0.48 mi | - | 2 | Flat | |
£600 | 03/25 | 0.51 mi | - | 2 | Flat | |
£550 | 12/24 | 0.53 mi | - | 2 | Terraced House | |
£650 | 06/24 | 0.56 mi | - | 2 | Terraced House | |
£625 | 05/24 | 0.57 mi | Commercial Road, Louth | 2 | House | |
£675 | 05/24 | 0.62 mi | Graye Drive, Louth | 2 | Flat |
Local Area Statistics
Population in LN11 | 28,17928,179 |
Population in Louth | 28,19728,197 |
Town centre distance | 0.44 miles away0.44 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 13.77 miles away13.77 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +12%+12% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +9%+9% |
Property History
Listed for £147,500
March 31, 2025
Description
- Mid Terrace Town House +
- Modern Breakfast Kitchen +
- Lounge +
- Entrance Hall with Storage +
- Two Bedrooms +
- Bathroom +
- Courtyard Garden +
- New Boiler Installed in 2023 +
TES Property bring to the market this well presented mid terrace town house located just a short walk into the town centre of Louth. This attractive home is perfect for a first time buyer or buy to let investment and consists of an entrance hall, breakfast kitchen, living room, two bedrooms and a bathroom along with a courtyard garden to the rear. With the added benefit of having a new boiler fitted in 2023 with 8 years of warranty remaining, along with recent wall and loft insulation installed improving the EPC rating to a C, this property is not to be missed!
Location - Louth - The historic market town of Louth; fondly known as the 'Capital of the Wolds' and beautifully positioned in an Area of Outstanding Natural Beauty is approximately 15 miles from the coast, 16 miles from Grimsby and 30 miles from Lincoln.
It has a wealth of local services and amenities to offer. Popular points of interest include the 'people's park' of Hubbard Hills and Westgate Fields, the last remaining Lincolnshire Cattle Market and the spectacular St James' Church, boasting the tallest medieval parish church spire of approx 287 feet /87.6 m. Other features include Louth Golf Course and Kenwick Park Golf Course, Louth Tennis Centre, London Road Sports Pavilion, Riverhead Theatre, Playhouse Cinema, Louth Museum, Kenwick Park Gym and Spa and Meridian Leisure Centre. As well as excellent local schools including King Edward's VI Grammar School, a doctors surgery and a hospital. Louth is particularly well known for its vast array of independent shops, butchers and delicatessens, thrice weekly markets and the New Market Indoor Hall all offering outstanding local produce as well as three supermarkets; Morrisons, Co-Op and Aldi.
Entrance Hall - 1.08m x 2.50m (3'6" x 8'2" ) - Welcoming entrance with window to the front, a useful under stair storage cupboard and a door leading into the lounge.
Lounge - 2.92m x 4.04m (9'6" x 13'3" ) - Cosy room with window to the front, coving to the ceiling, smoke alarm, built in storage cupboard and a radiator. A door leads into the kitchen.
Breakfast Kitchen - 2.85m x 3.60m (9'4" x 11'9" ) - Modern kitchen fitted with a range of wall, base and drawer units with splashbacks, worktops incorporating a one bowl stainless steel sink unit with drainer and mixer tap, there is an integrated oven and four ring electric hob with extractor above, space for fridge freezer and under counter space and plumbing for a washing machine. A door leads out to the rear garden with a window to the rear, a radiator, coving to the ceiling and a staircase leading up to the first floor landing.
First Floor Landing - Access to both bedrooms and the bathroom, window to the rear, wall mounted 'Worcester' combination boiler and loft access hatch.
Bedroom 1 - 2.69m x 3.38m (8'9" x 11'1" ) - With window to the rear, built in storage cupboard and a radiator.
Bedroom 2 - 2.87m x 3.12m (9'4" x 10'2" ) - With window to the front, two built in storage cupboards and a radiator.
Bathroom - 2.03m x 2.17m (6'7" x 7'1" ) - Fitted with a three piece suite consisting of a corner bath with shower over and curtain rail, W.C and wash hand basin with mixer tap. There is a window to the front, tiled splashbacks, extractor and a radiator.
Outside - To the rear of the property is an enclosed courtyard with space for potted plants and somewhere to sit and relax with outside lighting.
There is the right of access through the garden for the neighbouring property.
Services - Mains water, gas, drainage and electricity are understood to be connected. The agents have not tested or inspected the services or service installations and buyers should rely on their own survey.
Tenure - The property is believed to be freehold and we await solicitors confirmation.
Brochure Prepared - March 2025.
Viewings - By prior appointment through TES Property office in Louth admin.
Opening Hours - Monday to Friday 9:00am to 5:00pm
Saturday 9:00am to 1:00pm
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