2-bedroom house · LN11 9DF
For saleReduced £5k (−3.7%) on 21 JulListed 179 days
Opportunity summary
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About
Situated on the ever-popular South Terrace in Louth, this charming mid-terrace property presents an excellent opportunity for first-time buyers looking to step onto the property ladder.
Offering well-proportioned accommodation throughout, the home is both practical and inviting.
The ground floor comprises a comfortable lounge, ideal for relaxing or entertaining, alongside a fitted kitchen and a conveniently located bathroom.
To the first floor are two generous double bedrooms, providing ample space for both sleeping and additional furnishings.
Externally, the property benefits from off-road parking to the front, a valuable feature in this central location.
To the rear, there is an initial low-maintenance garden area, perfect for those seeking ease of upkeep.
Beyond this, a right of passage for neighbouring properties leads to a further enclosed garden space.
Accessed via a gate, this fantastic additional area offers a lawn and patio, creating an ideal setting for alfresco dining, entertaining guests, or providing a safe space for children to play.
Combining practicality with outdoor appeal, this property is a superb choice for buyers seeking a home with more to offer than meets the eye.
Lounge (10' 0'' x 11' 1'' (3.05m x 3.38m)) The lounge has a window and door to the front elevation, a radiator and laminate flooring.
Kitchen (9' 5'' x 11' 3'' (2.88m x 3.42m)) The kitchen has a window to the rear elevation, a radiator and laminate flooring.
There is also a range of modern fitted units with a one and a half sink and drainer and an electric oven and hob with an extractor over. There is also access to the under stairs cupboard.
Hall/Utility (4' 10'' x 5' 8'' (1.47m x 1.72m)) With a window and door to the side elevation, a radiator, tiled floor and plumbing for a washing machine.
Bathroom (8' 9'' x 5' 5'' (2.67m x 1.64m)) The bathroom has an opaque window to the fully tiled walls and flooring and a heated towel rail.
There is also a modern suite with a WC, vanity basin and a P shaped bath with a glass screen and mains shower. Electric underfloor heating. Landing With access to the loft and a carpeted floor.
Bedroom One (10' 2'' x 11' 5'' (3.09m x 3.48m)) Bedroom one has a window to the front elevation, a radiator and a carpeted floor.
Bedroom Two (9' 5'' x 8' 7'' (2.86m x 2.61m)) Bedroom two has a window to the rear elevation, a radiator and a carpeted floor. There is also built in storage.
Outside With a small low maintenance space off the rear door leading to a gate which crosses over a right of passage for neighbouring properties.
A gate then opens to reveal a lovely area with a well kept lawn, enclosed by perimeter fencing with a patio area and a timbe shed.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 8, South Terrace, Louth
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