How much is 68 Newmarket, Louth?

The starting price is £75,000.

68 Newmarket, Louth, LN11 9EQ

2-bedroom house · LN11 9EQ

463 sq ftEPC C1 bath

Starting price

£75,000

Auction: 28-day completion

Listing removedListed 623 days

Chain free

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Opportunity summary

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About

The property

*** Being sold by modern method of auction - T&c's apply. Starting Bid £75,000. *** This charming terraced house, currently listed for sale.

The property enjoys an elevated position from the road, ensuring a degree of privacy and tranquillity.

The house is neutrally decorated throughout and is composed of a welcoming lounge, a fully functional breakfast kitchen, one double bedroom and a second single to the first floor, and a three piece suite bathroom with shower over the bath.

Each room is filled with natural light, making the space feel bright and airy. The rear garden is predominately laid to lawn and elevates up to a patio area with timber garden shed.

Please note there is a pedestrian right of way across the rear garden.

The property boasts an Energy Performance Certificate (EPC) rating of 'C', suggesting good energy efficiency and benefits from full uPVC double glazing throughout and gas fired central heating and falls within Council Tax Band 'A', making it an affordable choice in terms of local taxation.

Location-wise, it is ideally situated within walking distance of the nearby schools including King Edward Grammar School, local amenities, and is just a short walk from the stunning market town centre of Louth.

Overall, this property presents an enticing prospect for investors and first time buyers alike seeking a well-located, neutrally decorated terraced house in the thriving local market.

Offering a blend of modern living in a convenient location, this opportunity is not to be missed. EPC rating: C.

Tenure: Freehold, Room Measurements Ground Floor Lounge: 10'09" x 11'11" Breakfast Kitchen: 10'09" x 7'11" First Floor Bedroom One: 10'09" x 9'02" Bedroom Two: 6'07" x 8'00" Bathroom: 5'05" x 5'01" Material Information The information above has been provided by the vendor and may not be accurate.

Please refer to the property’s Buyer Information Pack. (You can download this on the right hand side of the page) or speak to the Auction Specialist for the most up to date information. EPC Rating: C

Chain free

Key information

Price per sq ft

£162/sq ft

Based on 463 sq ft (43 sq m)

Floor area

463 sq ft (43 sq m)

Reception rooms

Council tax band

Band A

Estimated ~£1,200/year

EPC rating

current

Tenure

Freehold

Property age

Built 1900–1929

Local authority

East Lindsey

District

County

Lincolnshire County

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Auction

What is it worth at the hammer?

Auction intelligence

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Returns

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Local SA Market

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Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

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Deal

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Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market623 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market623

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC ratingC

Listing timeline

First listedListed at £75,0007 Feb 2025

Still activeDay 623 on marketToday

Strategy fit

No strategy scores available yet.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.