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Edward Street, Louth

East Midlands

£200,000
Listed on 15/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for those looking to invest or build in a promising area. The plot spans approximately 650 square meters and has received outline planning permission for a single dwelling, making it an ideal candidate for self-builders or developers keen on capitalizing on the increasing demand for housing in this desirable location. Nestled between the scenic Hubbard's Hills park and the heart of Louth, this site benefits from easy access to local amenities while providing a tranquil setting. The addition of private parking further enhances its appeal, a notable advantage so close to the town center where space is often limited. The property is situated on Edward Street, known for its community atmosphere and proximity to essential services. Residents can enjoy walking distances to schools, including the esteemed King Edward VI Grammar School, as well as recreational facilities like Louth Golf Course. This thriving market town not only offers picturesque views and outdoor activities but is also conveniently located just ten miles from the captivating beaches along the Lincolnshire coast. With its advantageous features and location, this plot holds significant renovation and investment potential. The combination of existing planning permission and the surrounding area's desirability underscores its attractiveness for those looking to create a new home or capitalize on future growth. Early inquiries are encouraged to seize this unique opportunity.

Investment Analysis

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

Renovation Potential

Light Refurb
Est. Renovation Cost
£50,000 - £80,000
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

Edward Street, Louth
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 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