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St. Marys Lane, Louth

East Midlands

£815,000
Listed on 30/12/2025

Property Details

Bedrooms
6
Type
Semi-detached house

Description

This expansive six-bedroom residence presents a rare opportunity in Louth's desirable postcode, coming to market for the first time in over 70 years. With approximately 2,538 square feet of living space, the property is well-suited for those looking to invest in extensive renovations or develop the adjacent building plots that benefit from outline planning permission. The grand house features four reception rooms, allowing for flexible living arrangements and potential reconfiguration to suit modern needs. The generous grounds include two large building plots that provide further development opportunities, either separately or as part of a larger acquisition. The home retains some original Edwardian charm with features such as mosaic tiled flooring and spacious rooms filled with natural light but would greatly benefit from updating throughout. This property offers a compelling combination of residential and investment potential, ideal for those eager to restore it to its former glory or capitalize on its land value.

Investment Analysis

(LN11 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
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

St. Marys Lane, Louth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,986
Based on a loan of £611,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE