House · LN11 0PX
For saleListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** IDEAL FOR INVESTORS** ** NO ONWARD CHAIN** Located close to all local amenities is this delightful 2 bedroom terraced property on The Sidings.
The property built in the 1990s is an ideal property for those looking to expand or start their investment portfolio, are a first time buyer or a small family.
The property offers a large living room with the kitchen conveniently located to the rear of the property and has access to the rear garden. To the first floor are 2 bedrooms and a family bathroom.
The benefit of off road parking adds to its appeal. Within walking distance of Louths main shopping areas and located in a popular location, Viewing is an absolute must!
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.
The property is located in The Sidings which is a housing development built in the 1990s and consists of similar properties and located close to all local amenities.
Accommodation - Entrance Porch - 1.18 x 1.19 (3'10" x 3'10") - with uPVC double glazed door to the front, half panelled walls.
consumer unit, tiled flooring, door to living room Living Room - 3.59 x 4.53 (11'9" x 14'10") - A good sized reception room with staircase to first floor accommodation, radiator, uPVC double glazed window to the front, tv point and a gas fireplace.
Kitchen - 2.71 x 3.58 (8'10" x 11'8") - with a range of wall, base and drawer units and worktops, stainless steel sink and drainer, space for oven and hob, space and plumbing for a washing machine, wall mounted central heating boiler and thermostat, radiator, tiled spashbacks, uPVC double glazed window to the rear, glazed panel door to rear garden.
First Floor Landing - with a radiator, loft access hatch Bathroom - 1.79 2.00 (5'10" 6'6") - with w/c, wash hand basin, bath with curtain rail and electric triton shower, uPVC double glazed window to the rear, part tiled walls and an extractor fan Bedroom 1 - 3.01 x 4.30 (9'10" x 14'1") - A double bedroom with uPVC double glazed window to the front, fitted triple wardrobe with above storage cupboards, airing cupboard housing hot water cylinder and shelving, a radiator Bedroom 2 - 2.72 x 1.68 (8'11" x 5'6") - with a radiator and uPVC double glazed window to the rear.
Outside - Rear Garden - A mainly laid to lawn garden with patio area off the rear door from the kitchen.
Raised beds to borders providing areas for plants and shrubs Front - A concrete driveway to the front of the property allows off street parking for one vehicle.
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. 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
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About The Sidings, Louth
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