2-bedroom flat · LN11 9EA
For saleListed 633 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the heart of the Town centre is this purpose built apartment with allocated parking.
The spacious and well planned accommodation benefits from uPVC double glazing and gas central heating.
The accommodation briefly comprises entrance hall & landing, lounge, dining kitchen, two bedrooms and bathroom. Allocated parking spaces. No forward chain involved. EPC rating: C.
Tenure: Leasehold, Service charge description: No service charge, Entrance Hall Part glazed uPVC entrance door. Radiator. Staircase rising to the accommodation. Landing Access to the loft space.
Radiator. Built in storage cupboard. Lounge 36'1" x 42'8" (11m x 13m) uPVC window to the rear and radiator. TV aerial point. Dining Kitchen 29'6" x 39'4" (8.99m x 11.99m) Window to the side.
Fitted with a range of wall and base units with complementary work surfaces incorporating a single sink unit with mixer tap. Built in electric oven, gas hob and extractor over.
Tiling to the splash areas. Radiator and telephone point. Internal door leading to the lounge. Bedroom One 36'1" x 36'1" (11m x 11m) uPVC window to the rear and radiator. Wall light points.
Bedroom Two 19'8" x 26'3" (5.99m x 8m) uPVC window to the side and radiator. Bathroom Velux roof window.
Fitted with a three piece white suite comprising panelled bath, pedestal wash hand basin and close coupled wc. Partially tiled walls and radiator.
Outside The property has two allocated parking spaces and a shed for storage. EPC Rating: C
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 4 Forman Walk, Louth
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