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Keeling Street, North Somercotes, Louth

East Midlands

£210,000
Listed on 28/06/2024

Property Details

Bedrooms
3
Type
Detached

Description

This three-bedroom detached house presents a promising opportunity for those looking to invest in a property with renovation potential. The spacious layout includes a generous conservatory and secluded gardens, offering various options for personal touches and enhancements. The entrance hall welcomes you with laminate flooring and access to essential storage beneath the staircase. A cozy reception room features a log-burning stove, while the adjacent dining area provides ample space for gatherings. The kitchen is functional yet ripe for modernization, providing a blank slate for upgrades. Upstairs, the bedrooms are well-proportioned, with built-in wardrobes enhancing storage solutions, while the bathroom contains all necessary amenities but could benefit from an update. Outside, the garden is predominantly laid to lawn with mature planting, ideal for landscaping projects or outdoor living spaces. This property holds significant potential for transformation into a modern family home or rental investment. Early viewing is encouraged to fully appreciate the possibilities.

Investment Analysis

(LN11 area)
Area Average
£222/sq ft
Avg Rent (weekly)
£160
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -0.5%
5 year growth: +13.0%
Investment Disclaimer: Analysis based on LN11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Keeling Street, North Somercotes, Louth
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£744
Based on a loan of £157,500 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Price History

-16.0% since listed
£210,000£19,950(-8.7%)
30/07/2025
Current price
£229,950£10,000(-4.2%)
23/04/2025
£239,950£10,050(-4.0%)
14/03/2025
£250,000Initial listing
28/06/2024

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