2-bedroom house · LN11 9JQ
Listing removedListed 112 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented first floor apartment has 2 double bedrooms, living room, kitchen, utility room and family bathroom. There is also a communal storage cupboard to the first floor.
Located within close proximity to the local amenities in the heart of Louth. Holding fee - £161, deposit - £807. Available 1st September 2026.
Hallway (21' 7'' x 4' 6max'' (6.57m x 1.37m)) Having uPVC double glazed door to the side elevation, radiator and spotlights.
Lounge (16' 10'' x 11' 5'' (5.13m x 3.48m)) Having double glazed window to the side elevation, radiator and spot lights.
Kitchen/Diner (12' 11'' x 10' 6'' (3.93m x 3.20m)) Having a range of base units with work surfaces over, sink, integrated four ring hob with extractor fan over, integrated electric oven, tiled splash backs, a double glazed window to the side elevation, radiator and spot lighting.
Utility Room Having double glazed window to the side elevation, washing machine connector and boiler.
Family Bathroom (8' 7'' x 11' 6'' (2.61m x 3.50m)) Having double glazed window to the rear elevation, radiator, panelled bath with mains shower, tiled splash backs, wash hand basin and low level WC.
Master Bedroom (12' 4'' x 14' 0'' (3.76m x 4.26m)) Having double glazed wooden framed windows to the front elevation, spot lights and radiator.
Bedroom 2 (12' 8max '' x 11' 9'' (3.86m x 3.58m)) Having double glazed wooden windows to the front elevation and radiator. Storage To First Floor
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
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FAQ
About 14A, Mercer Row, Louth
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