2-bedroom terraced house · LN11 9DA
Sold STCReduced £7.5k (−6.5%) on 6 AugListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SmoothSale is delighted to present this chain-free two-bedroom town house, perfectly positioned just moments from the heart of the popular market town of Louth.
Combining character features with modern upgrades, this attractive freehold home is ideal for first-time buyers, investors, downsizers or anyone seeking a property that is ready to move straight into.
Stepping inside, you are welcomed by a bright and inviting lounge, where traditional sash windows and a feature fireplace create a warm and comfortable living space.
The generous kitchen/dining room offers a practical and sociable layout, fitted with a range of modern wall and base units, integrated cooking appliances and plenty of space for family meals or entertaining guests.
Useful understairs storage adds to the home's practicality.
To the rear of the property is a well-appointed ground floor bathroom fitted with a contemporary three-piece suite, along with access to the enclosed rear garden.
The first floor offers two well-proportioned double bedrooms, both enjoying plenty of natural light, with one benefiting from a built-in storage cupboard.
Outside, the enclosed courtyard-style garden provides a private, low-maintenance space ideal for relaxing, outdoor dining or adding potted plants.
A substantial brick-built outbuilding offers excellent additional storage for bicycles, gardening equipment or outdoor furniture, while gated rear access provides added convenience.
The property has been significantly improved in recent years, giving buyers added confidence.
A full electrical rewire was completed in 2022, while a damp proof course was installed throughout the ground floor in 2024, complete with the benefit of a 20-year guarantee, helping to minimise future maintenance costs.
Located within easy walking distance of Louth's bustling town centre, the property enjoys access to an excellent selection of independent shops, cafés, restaurants, supermarkets and everyday amenities, with the beautiful Lincolnshire Wolds also within easy reach for those who enjoy the outdoors.
Offering character, modern improvements and a highly desirable central location, this chain-free home represents an excellent opportunity for a wide range of buyers.
Early viewing is highly recommended.
----------------------------------------------------------------------------------------------------- You can secure this property with an optional reservation deposit of £2,500.
This forms part of the property's total purchase price and is not an additional fee.
The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.
The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid.
This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.
The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.
--------------------------------------------------------------------------------------------------- These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property.
Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property.
Prospective purchasers are advised to inspect the property and commission an expert report where appropriate.
Speak to one of our property specialists about our reservation deposit scheme to find out more.
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
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 16, St. Michaels Road, Louth
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