Newmarket, Louth, LN11
LO

Newmarket, Louth, LN11

By Lovelle

£ 132,500

Reviews

3 out of 5 stars

Lovelle says ..

This charming terraced house is an excellent investment opportunity with tenants in situ featuring a bright, neutrally decorated interior with two bedrooms, a modern bathroom, and a fully functional breakfast kitchen, all within walking distance of local schools and amenities, and boasting an ...

Property Oracle says ..

This two-bedroom terraced house in Newmarket, Louth is listed at £132,500. The property benefits from a small garden, and appears to be in reasonable condition, although some modernisation may be desirable. The location is convenient, with several primary and secondary schools within a short distance. However, the average house price in the area is significantly higher, at £210,676, and the average price per square foot is £214, compared to this property’s implied price per square foot of £265. This suggests the property may be underpriced, although further investigation into the specifics of the property’s condition and any potential issues would be needed to confirm this. The lack of information on plot size and the limited details on nearby transportation options make a complete assessment difficult.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
8
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
500.00

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 %
from 210,659.00 £
Est sale value
111,500.00 £
Decreased by 6.69 %
from 119,500.00 £
Average area rental value
547.00 £/mo
Decreased by 9.88 %
from 607.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.33 %
Decreased by 3.76 %
from 3.46 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Lovelle created the listing.

Nearby Schools

NameTypeOfstedDistance
Louth Kidgate Primary AcademyAcademy ConverterOutstanding0.36 KM
St Michael'S Church Of England School, LouthVoluntary Controlled SchoolGood0.47 KM
Louth AcademyAcademy Sponsor Led0.62 KM
Greenwich House SchoolOther Independent SchoolGood1.05 KM
King Edward Vi Grammar SchoolAcademy Converter1.06 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Tennyson Road £ 172,00000.00 KM
Orme Lane £ 256,42400.00 KM
Pawnshop Passage £ 105,00000.00 KM
Barton Gate £ 380,00000.00 KM
Butcher Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newmarket, Louth, LN11 £ 132,500BUY6 / 100.00 KM
Newmarket, Louth, LN11 £ 265,000BUYUnknown0.00 KM
Newmarket, Louth, LN11 £ 136,000BUYUnknown0.01 KM
Church Street, Louth, LN11 £ 120,000BUY5 / 100.12 KM
Church Street, Louth, LN11 £ 120,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
90 Newmarket £ 158,0000.00 KM
94 Newmarket £ 215,0000.00 KM
74 Newmarket £ 158,0000.00 KM
44 Newmarket £ 42,9500.00 KM
88 Newmarket £ 210,0000.00 KM