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Aswell Street Louth

East Midlands

£165,000
Listed on 15/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1062 sqft

Description

This bay fronted mid-terrace home offers a prime opportunity for renovation and investment, situated just a short stroll from the vibrant town center of Louth and its array of amenities. The property is available with no forward chain, making it an appealing option for those looking to customize their living space or capitalize on the growing local property market. The interior layout includes four bedrooms, with an adaptable configuration that can suit various needs. The ground floor features an entrance hallway leading to a cozy lounge with a stylish bay window, providing ample natural light. The adjoining dining room offers versatility and could easily become a contemporary open-plan space with some reconfiguration. The kitchen is equipped with built-in units and essential appliances, yet remains ready for updates that could enhance both functionality and style. Upstairs, three well-proportioned bedrooms are complemented by an additional room that can serve as a fourth bedroom or home office. The split-level landing adds character to the upstairs layout. A compact bathroom rounds out the first floor, offering potential for modernization adding value to the property. Externally, the low maintenance rear garden provides a private outdoor area surrounded by brick walls and wood panel fencing—perfect for entertaining or relaxing in warmer months. The front garden is also designed for ease of upkeep. Given its desirable location and existing features, this property holds significant renovation potential for buyers wishing to create their ideal home or investors seeking to capitalize on rental opportunities in a thriving community setting.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£155/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£257,413
10% above area average per sq ft
Potential ROI
+35.5%
After renovation
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

Aswell Street 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
£604
Based on a loan of £123,750 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