Newmarket, Louth, LN11
By TES Property (Lincolnshire) Limited
£ 120,000
Reviews
2 out of 5 stars
TES Property (Lincolnshire) Limited says ..
NO ONWARD CHAIN! TES Property bring to the market this mid terrace town house located in the market town of Louth, within walking distance to the town centre and amenities. The perfect property for a first time buyer or buy to let investment. Consisting of a front garden and small courty...
Property Oracle says ..
This property is a 2-bedroom terraced house located in Newmarket, Louth. The location benefits from being close to several primary and secondary schools, including Louth Kidgate Primary Academy (Outstanding Ofsted rating) and St Michael’s Church of England School (Good Ofsted rating). While the property itself is small (575 sqft) and the plot size is negligible, it does include a small paved rear garden and a shed. The interior appears dated, needing some modernisation and cosmetic improvements. The asking price of £120,000 is below the average price for the area (£210,676), however, this is likely due to the property’s condition and size. Nearby comparable properties range from £66,000 to £130,000, suggesting the list price is within the expected range for similar properties in this condition and location. The average price per sqft in the area is £214, but this property’s condition and small size may justify a lower price per sqft.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 575.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 197,200.00 £Decreased by 6.39 %
- Est sale value
- 128,225.00 £Decreased by 6.69 %
- Average area rental value
- 547.00 £/moDecreased by 9.88 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.33 %Decreased by 3.76 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
TES Property (Lincolnshire) Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Louth Kidgate Primary Academy | Academy Converter | Outstanding | 0.24 KM |
| King Edward Vi Grammar School | Academy Converter | 0.61 KM | |
| St Michael'S Church Of England School, Louth | Voluntary Controlled School | Good | 0.83 KM |
| Greenwich House School | Other Independent School | Good | 0.90 KM |
| Louth Academy | Academy Sponsor Led | 0.96 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Pawnshop Passage | £ 105,000 | 0 | 0.00 KM |
| Butcher Lane | £ 0 | 0 | 0.00 KM |
| Westgate | £ 0 | 0 | 0.00 KM |
| Tennyson Road | £ 172,000 | 0 | 0.00 KM |
| Roman Way | £ 745,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Newmarket, Louth, LN11 | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Newmarket, Louth LN11 9HH | £ 125,000 | BUY | 5 / 10 | 0.02 KM |
| Lee Street, Louth, LN11 | £ 145,000 | BUY | 6 / 10 | 0.03 KM |
| LEE STREET, LOUTH | £ 180,000 | BUY | 7 / 10 | 0.04 KM |
| 30 Lee Street Louth LN11 9HJ | £ 200,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 Newmarket | £ 66,000 | 0.03 KM |
| 5 Newmarket | £ 89,000 | 0.03 KM |
| 9 Newmarket | £ 81,000 | 0.03 KM |
| 7 Newmarket | £ 30,000 | 0.03 KM |
| 3 Newmarket | £ 82,500 | 0.03 KM |