2-bedroom terraced house · LN11 0EW
Listing removedListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Broadbank Louth, welcomes this quaint mid terrace cottage with a small entrance leading into the living room which has a working wood only fireplace.
To the rear of the property there is an ample sized kitchen with room for a small kitchen table, a utility room and a downstairs bathroom with shower. Upstairs comprises of 2 bright double bedrooms.
Outside there is a small patio, an apple tree, wild flowers and herbs which has potential of becoming a beautiful landscape.
Holding Fee A holding fee equivalent to one week’s rent is required on submission of application prior to formal referencing.
More Property Information If you would like any further specific information relating to this property please do not hesitate to email directly.
Pets Clause Some pets may not be allowed without express prior permission of the landlord, which shall not be unreasonably withheld.
Tenancy Length From 1st May all tenancies will be periodic in line with current legislation.
Tenant Fees Fee scale as 1st may 2026 Applies only to Assured Periodic Tenancies (APTs) in England from 1 May 2026 in line with Tenant Fees Act 2019 and Renters’ Rights Act 2025 client money protection: Propertymark independent redress: The Property Ombudsman Holding fee per property: To reserve a property, equivalent to one weeks rent.
This will be offset against the first month’s rent or tenancy deposit, as agreed.
The tenancy deposit covers damages or defaults on the part of the tenant during the tenancy and will be protected in a government-authorised tenancy deposit scheme.
Properties with an annual rent of more than £100,000 are not covered by the Tenant Fees Act. Rent The rent payable for the tenancy must not be more than the advertised amount.
The rent period must either be one calendar month or a shorter period of up to 28 days. A tenant will be able to end a tenancy by giving two months’ notice in writing.
The end date of the tenancy must align with the end of a rent period.
Rent in advance of move in date Rent is payable following signing of the tenancy agreement and in accordance with the agreed tenancy terms.
For tenancies entered into on or after 1 May 2026, no more than one month’s rent may be requested in advance.
Late Payment of Rent Interest may be charged on unpaid rent if it remains outstanding for more than 14 days.
Interest will be charged at a maximum of 3% above the Bank of England Base Rate from the date the rent became due until payment is made.
Lost Key(s) or other Security Device(s) Tenants are liable for the actual cost of replacing any lost keys or security devices.
If the loss results in locks needing to be changed, or replacement security devices being issued, the tenant will be charged the reasonable cost of a locksmith or security engineer, new lock and replacement keys/devices for all relevant parties.
Variation of Contract (Tenant’s Request) £50 (inc. VAT) per agreed variation.
To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents. Change of Sharer (Tenant’s Request) £50 (inc.
VAT) per replacement tenant or reasonable costs incurred if higher. Includes referencing, Right to Rent checks, deposit registration and legal documentation. Early Termination (Tenant’s Request).
If the tenant wishes to end the tenancy early (including where less than the required notice period is given), they will be liable for the landlord’s reasonable costs.
Under an Assured Periodic Tenancy, then the landlord can charge a fee if their tenant does not give the correct amount of notice. The usual amount of notice is two months.
The landlord can charge up to the amount of rent they would have received if the tenant had given the correct amount of notice.
During the tenancy (payable to the provider) if permitted and applicable Utilities – gas, electricity, water Communications – telephone and broadband Installation of cable/satellite Subscription to cable/satellite supplier Television licence Council Tax Other permitted payments Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Fees only applicable for company tenancies.
All above fees will apply to company tenancy agreements as well as the following:- Initial application fee £100.00 Holding fee : Equal to one week’s rent (this is not an additional fee it is taken off the first month’s rent) Initial Tenancy Cost £200.00 Renewal of tenancy agreement/change of agreement £ 75.00 Late rental payment bank of England base rate plus 3% you may also have to withstand the cost of a late mortgage payment on behalf of your Landlord (if applicable).
Early Surrender of tenancy re-let costs £180.00 Failure to cancel standing order £25.00 Lost Tenancy agreement £25.00 Tenant Protection Tenant protection Stevens Property Management Ltd is a member of Property Mark Client Money Protection which is a client money protection scheme, and also a member of The Property Ombudsman which is a redress scheme.
You can find out more details on the agent's website or by contacting the agent directly
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 67, Broadbank, Louth
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