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St. Marys Lane, Louth

East Midlands

£425,000
Listed on 30/12/2025

Property Details

Bedrooms
6
Type
Semi-detached house

Description

This six-bedroom residence presents a unique opportunity for buyers seeking a project with significant potential. Set in one of Louth's sought-after areas, this property has not changed hands in over seven decades, making it a rare find. While boasting an impressive 2538 square feet of living space, including four reception rooms, the house requires renovation to unlock its full value as an elegant family home or investment property. The extensive grounds offer room for outdoor living and gardening pursuits. Additionally, there is the possibility of acquiring two separate building plots, enhancing the investment appeal further. Key features include an inviting south-facing veranda, spacious rooms with classic fireplaces, and vintage detailing throughout. With thoughtful renovations, this property can be transformed into a stunning residence or lucrative development project.

Investment Analysis

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

Renovation Potential

Medium 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
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
£1,557
Based on a loan of £318,750 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