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Newmarket, Louth

East Midlands

£89,950
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This terraced home offers a promising opportunity for those looking to invest or make their mark in Louth. With its proximity to local amenities and the town center, the property is a canvas for first-time buyers or investors eager for a project. The flexible living space presents considerable scope for personalisation and updating, whether it's enhancing the reception room with its charming gas fireplace or reimagining the kitchen to better suit modern needs. The bathroom, featuring a three-piece suite, can be transformed into a stylish retreat. Upstairs, two bedrooms provide ample potential for configuration to meet your lifestyle requirements. The garden adds another layer of value with its courtyard style and existing outbuilding, which could be repurposed or renovated. Overall, this property invites creative vision while being set in a desirable location.

Investment Analysis

(LN11 area)
Area Average
£222/sq ft
Avg Rent (weekly)
£160
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -0.5%
5 year growth: +13.0%
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

Newmarket, Louth
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£319
Based on a loan of £67,462 over 30 years at 3.91% 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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