2 Bed Terraced House, Single Let, Louth, LN11 0GT, £154,995

62 St Peters Avenue, Cleethorpes, DN35 8HP - 18 days ago

Sold STC
BTL
124 m²
+9 photos

ValuationUndervalued

Sold Prices£87.5K - £260K
Sold Prices/m²£1.2K/m² - £3.5K/m²

 

 

Square Metres

124 m²
Price/m²£1.3K/m²

Value Estimate

£190,644
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,749

Stamp Duty & Legal Fees

£8,950

Total Cash In

£47,699

 

 

Cash Out

 

Rent Range

£425 - £750

Rent Estimate

£425

Running Costs/mo

£589

Cashflow/mo

£-164

Cashflow/yr

£-1,972

Gross Yield

3%

Local Sold Prices

50 sold prices from £87.5K to £260K, average is £139K. £1.2K/m² to £3.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£130K12/200.01 mi16, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£125K04/210.01 mi18, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£130K04/210.01 mi11, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£150K10/200.01 mi22, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£160K04/240.01 mi5, Michael Foale Lane, Louth, Lincolnshire LN11 0GT2
£260K04/230.04 mi5, Orchard Close, Louth, Lincolnshire LN11 0BS2
£142.5K01/230.12 mi10, Cordeaux Close, Louth, Lincolnshire LN11 0GD2
£205K11/220.12 mi26, Station Approach, Louth, Lincolnshire LN11 0PS2
£195K10/220.13 mi20, Station Approach, Louth, Lincolnshire LN11 0PS2
£222K04/210.13 mi5, Station Approach, Louth, Lincolnshire LN11 0PS2
£133K11/200.13 mi27, Station Approach, Louth, Lincolnshire LN11 0PS2
£138K10/200.13 mi19, Station Approach, Louth, Lincolnshire LN11 0PS2
£220K02/210.13 mi11, Station Approach, Louth, Lincolnshire LN11 0PS2
£140K02/210.13 mi46, Keddington Road, Louth, Lincolnshire LN11 0AU2
£145K09/210.13 mi34, Keddington Road, Louth, Lincolnshire LN11 0AU2
£165K10/200.14 mi119c, High Holme Road, Louth, Lincolnshire LN11 0HD2
£115K04/230.16 mi128, High Holme Road, Louth, Lincolnshire LN11 0HE2
£120K12/200.16 mi78, High Holme Road, Louth, Lincolnshire LN11 0HE2
£144K10/210.16 mi2a, Brackenborough Road, Louth, Lincolnshire LN11 0AE2
£158K10/230.16 mi22, Brackenborough Road, Louth, Lincolnshire LN11 0AE2
£137.5K11/220.21 mi35, Charles Street, Louth, Lincolnshire LN11 0LB2
£142.5K01/230.22 mi6, Wellington Street, Louth, Lincolnshire LN11 0JS2
£130K05/210.22 mi12, Wellington Street, Louth, Lincolnshire LN11 0JS2
£121K06/210.22 mi4, Wellington Street, Louth, Lincolnshire LN11 0JS2
£168K07/210.22 mi105, Brackenborough Road, Louth, Lincolnshire LN11 0AD2
£125K10/210.25 mi42, Hawthorne Avenue, Louth, Lincolnshire LN11 0LD2
£225K04/230.25 mi105, Brackenborough Road, Louth, Lincolnshire LN11 0AD2
£98.5K10/220.25 mi70, High Holme Road, Louth, Lincolnshire LN11 0HE2
£126.5K10/230.28 mi20, Commercial Road, Louth, Lincolnshire LN11 7AB2
£170K03/230.3 mi181, Eastgate, Louth, Lincolnshire LN11 8DB2
£155K06/210.3 mi179, Eastgate, Louth, Lincolnshire LN11 8DB2
£168K04/230.3 mi183, Eastgate, Louth, Lincolnshire LN11 8DB2
£122.5K10/200.32 mi17, Riverhead, Louth, Lincolnshire LN11 0DD2
£94.5K04/210.32 mi22, Riverhead, Louth, Lincolnshire LN11 0DD2
£90K03/210.32 mi26, James Street, Louth, Lincolnshire LN11 0JW2
£153K03/240.32 mi31, Swallow Drive, Louth, Lincolnshire LN11 0DN2
£146.5K06/230.32 mi41, Swallow Drive, Louth, Lincolnshire LN11 0DN2
£150K01/230.32 mi22, Riverhead, Louth, Lincolnshire LN11 0DD2
£140K08/230.33 mi44, Fulmar Drive, Louth, Lincolnshire LN11 0ST2
£184K11/200.34 mi68, Fulmar Drive, Louth, Lincolnshire LN11 0ST2
£135K12/230.34 mi60, High Holme Road, Louth, Lincolnshire LN11 0EY2
£140K05/230.34 mi58, High Holme Road, Louth, Lincolnshire LN11 0EY2
£97.5K10/220.34 mi3, Lucern Court, Louth, Lincolnshire LN11 7BA2
£94K05/210.35 mi180b, Eastgate, Louth, Lincolnshire LN11 9AG2
£116K04/210.35 mi182, Eastgate, Louth, Lincolnshire LN11 9AG2
£100K01/210.37 mi1, Thames Street, Louth, Lincolnshire LN11 7AD2
£95K12/200.39 mi2, Priory Road, Louth, Lincolnshire LN11 9AL2
£87.5K05/230.39 mi8, Priory Road, Louth, Lincolnshire LN11 9AL2
£132.5K07/210.39 mi49, Eastfield Road, Louth, Lincolnshire LN11 7AJ2
£112.5K12/200.39 mi18, Trinity Lane, Louth, Lincolnshire LN11 8DL2

Local Rents

33 rents from £425/mo to £750/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£55006/240.12 miLeakes Row, Louth2
£60003/250.14 mi-2
£55004/240.17 mi-2
£65006/240.18 miParsons Halt, Louth2
£62506/240.19 mi7 Newbridge Court Newbridge Hill Louth LN11 0NQ2
£62505/240.25 miRamsgate Louth LN11 0NE2
£59505/240.25 miBridge View, Ramsgate, Louth. LN11 0NE2
£56512/240.27 miJames Street, Louth2
£74512/240.28 mi-2
£67501/250.28 mi-2
£67505/240.28 miPlover Grove, Louth, LN112
£62505/240.28 miCommercial Road, Louth2
£55005/240.31 mi3 Waterside Mews Eastgate Louth LN11 8DD2
£55012/240.33 mi-2
£60012/240.33 miOld School Court, Eastfield Road, Louth2
£65005/240.37 miPriory Road, Louth2
£65012/240.37 mi-2
£57505/240.39 miEastgate, Louth, LN112
£57505/240.39 miEastgate, Louth, LN112
£57505/240.44 miNorthgate Court2
£57505/240.44 miNorthgate Court2
£65005/240.47 miNorthgate Court, Louth. LN11 0LZ2
£54503/250.47 mi-2
£42505/240.49 miEastgate, Louth2
£42506/240.49 miEastgate, Louth2
£62505/240.52 miThe Gatherums, Queen Street Place2
£57505/240.52 miKidgate, Louth2
£65006/240.53 miKidgate, Louth2
£49505/240.55 miChurch Street, Louth, LN11 9BZ2
£52010/240.56 mi-2
£75006/240.56 miRoyal Oak Court, Louth2
£61505/240.58 miRoyal Oak Court, Louth LN11 9JA2
£59506/240.62 miBexon Court, Louth2

Local Area Statistics

Population in LN11

28,179

Population in Louth

28,197

Town centre distance

0.40 miles away

Nearest school

0.20 miles away

Nearest train station

13.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £154,995

March 24, 2025

Floor Plans

Description

  • Superb modern end link house located in quiet cul de sac in Louth +
  • Two double bedrooms and modern bathroom suite to the first floor +
  • Spacious lounge, handy cloakroom and modern kitchen dining room +
  • Ideal for first time buyers, downsizing and investment opportunity +
  • Offered for sale with no forward chain on the vendors side +
  • Double glazed and gas central heating throughout, internal viewings essential +
  • Handy off road parking space and private garden to rear +
  • Energy performance certificate rating C; Council tax band A +

Tucked away in this quiet cul de sac only a short walk into Louth town centre and amenities is this spacious and modern End link residence. Offered for sale with NO FORWARD CHAIN, the property is ideal for first time buyers, young families, or investment opportunity. The property further benefits from an off road parking space. The well presented living accommodation comes equipped with gas central heating and double glazing throughout and comprises of ground floor cloakroom, lounge, fitted kitchen dining room, two first floor double bedrooms and bathroom. The frontage is blocked paved with gated access to the rear garden with patio area.

Agent Details

Crofts Estate Agents, Louth

01507 308526

Next Steps?

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