3-bedroom terraced house · LN11 0NQ
Listing removedListed 72 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Renovated throughout is this mid terrace property located just a short distance from the town centre.
With parking available on the street and access through a passageway to the rear courtyard gardens(due to be paved) and accommodation comprising; Spacious entrance hallway, reception room to the front, fitted breakfast kitchen with built in over, hob and extractor.
Rear lobby area/cloakroom leading to gf wc. A cellar provides storage and stairs leading to first floor. The landing serves 3 bedrooms and a modern fitted bathroom with shower over bath.
Storage cupboard to the first floor. The rear garden is due to be paved and has gated access. Brick storage shed providing storage & gas central heating.
New electrics, carpets, decoration & central heating, a must to view. Deposit £1095, EER C (71). Available mid September
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 5, Newbridge Hill, Louth
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