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Aswell Street, Louth LN11

East Midlands

£170,000
Listed on 29/06/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1055 sqft

Description

This spacious mid-terrace home features a distinctive bay front and is situated within a well-established area, just a brief stroll from the center of Louth where you can find a variety of amenities. While the property is currently in need of modernization, it presents an excellent opportunity for both first-time buyers and families looking to create a comfortable living space tailored to their preferences. Upon entering, you'll find an inviting hallway that leads to the main living areas. The lounge boasts a classic bay window, allowing ample natural light, while a gas fireplace adds warmth and character. The dining room offers flexibility for entertaining or casual family meals, with views of the rear garden. The kitchen comes equipped with built-in units and essential appliances, providing a functional space ready for your personal touch. The layout includes four bedrooms, with three ideally sized for family use and one that could serve as an office or playroom. The bathroom completes the upstairs accommodation. The property's outdoor space consists of low-maintenance gardens both at the front and rear, offering privacy thanks to tall brick walls and wooden fencing—ideal for outdoor gatherings or quiet relaxation. Given its solid structure with full uPVC double glazing and gas central heating, along with its prime location near local amenities, this home holds significant renovation potential. With careful updates and refinements, it can be transformed into a modern residence that reflects contemporary living while retaining its original charm.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£161/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£157
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£17,000 - £42,500
10-25% of property value
Target Value
£256,703
10% above area average per sq ft
Potential ROI
+20.8%
After renovation
Monthly Sales
29
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 4.9%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on LN11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Aswell Street, Louth LN11
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