Worst House on the Street Logo
Mount Olivet, Louth, LN11 0EG - Image 1
Mount Olivet, Louth, LN11 0EG - Image 2
Mount Olivet, Louth, LN11 0EG - Image 3
Mount Olivet, Louth, LN11 0EG - Image 4
Mount Olivet, Louth, LN11 0EG - Image 5
Mount Olivet, Louth, LN11 0EG - Image 6
Mount Olivet, Louth, LN11 0EG - Image 7
Mount Olivet, Louth, LN11 0EG - Image 8

Mount Olivet, Louth, LN11 0EG

East Midlands

£99,975
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
673 sqft

Description

This two-bedroom mid-terraced cottage, nestled in the historic market town of Louth, presents an excellent opportunity for renovation and investment. Set just off High Holme Road, this property offers convenient access to local amenities including shops, schools like King Edward VI Grammar School, leisure facilities, and healthcare options. The layout spans two levels and features a gas central heating system along with uPVC double glazing. The ground floor includes a sitting room with a walk-in bay window and feature fireplace, a dining room that connects to the kitchen, which is equipped with essential fixtures but requires modernisation. The first floor houses two bedrooms and a bathroom that showcases potential for updates. Outside, the front garden boasts established foliage while the rear includes a storage space with additional WC access. With updating needed throughout, this property holds significant promise for those looking to create a comfortable home or rental investment in a desirable area.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -32.9% below area average per sq ft

-32.9%
Potential saving
This Property
£149/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£161
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£163,976
10% above area average per sq ft
Potential ROI
+31.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.1%
5 year growth: +13.9%
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

Mount Olivet, Louth, LN11 0EG
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£361
Based on a loan of £74,981 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates