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Harewood Crescent, Louth

East Midlands

£175,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
863 sqft

Description

Nestled in a tranquil cul-de-sac, this three-bedroom residence occupies an expansive plot and represents an enticing renovation opportunity. Once a cherished family home, it now awaits transformation into a modern living space tailored to individual tastes. The property features off-road parking and a single garage, along with well-sized gardens that offer both functionality and significant potential for development. The rear garden is particularly noteworthy, boasting ample lawn areas that lend themselves to landscaping or recreational use, complemented by two practical brick outbuildings suitable for storage or as a workshop. Internally, the layout is spacious and thoughtfully designed. On the ground floor, an entrance hall leads into a cozy lounge that flows into a separate dining room, providing versatile spaces perfect for reimagining into an open-plan design. The kitchen at the rear presents further opportunities for updating to meet contemporary needs. Ascending to the first floor reveals three generously sized bedrooms, with two being double rooms. The existing bathroom and separate WC configuration offers flexibility for modernization into a combined facility if so desired. Conveniently situated near reputable schools and local amenities in Louth, this property is a rare find for those looking to invest in a home with genuine potential within a desirable residential area.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -8.5% below area average per sq ft

-8.5%
Potential saving
This Property
£203/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£161
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£210,270
10% above area average per sq ft
Potential ROI
-2.2%
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

Harewood Crescent, Louth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 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.

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