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Eastfield Road, Louth - Image 1
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Eastfield Road, Louth - Image 3

Eastfield Road, Louth

East Midlands

£450,000
Listed on 27/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Presenting a noteworthy opportunity in Louth, this residential development site comes equipped with full planning permission for the construction of nine dwellings, as outlined under reference N/105/00213/23. The prior buildings on the site have been successfully demolished, thus paving the way for the next stage of development to commence immediately. Louth, a market town with an approximate population of 17,000, is renowned for its vibrant local economy supported by independent retailers, essential amenities including supermarkets and banks, and a rich community spirit fostered by regular markets. Located just about a mile from the town centre along Eastfield Road—a key artery leading out of town—this site benefits from both accessibility and proximity to all necessary services. Potential buyers are encouraged to conduct their own thorough evaluations and engage professional advice regarding any planning queries. All mains services are presumed available; however, due diligence is recommended to confirm their status.

Investment Analysis

(LN11 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£161
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -2.5%
5 year growth: +12.9%
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

Eastfield Road, Louth
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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.

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