Newmarket, Louth, LN11
LO

Newmarket, Louth, LN11

By Lovelle

£ 259,000

Reviews

3 out of 5 stars

Lovelle says ..

This superb elevated Victorian end-of-terrace house is situated in a central and popular area of the Town. The location is ideal, being within a ten-minute walk to the heart of all amenities. The current owners have obtained planning permission to extend to the ground ...

Property Oracle says ..

This three-bedroom property located in Newmarket, Louth, Lincolnshire presents a compelling proposition, albeit with some caveats. The exterior showcases a well-maintained red-brick Victorian-style house, indicating structural soundness and a certain charm. The interior, while showing potential, presents a mixed picture. Some rooms boast features such as original fireplaces and bay windows suggesting period character, while others display a need for updating. The kitchen, for instance, looks dated, but functional. The bathroom appears relatively modern. The overall internal aesthetic is slightly uneven.

The garden is a clear highlight. The images reveal a substantial garden plot with mature plantings and a shed. While some areas might benefit from tidying or landscaping, it provides significant outdoor space, a rare asset.

The location in Newmarket is attractive due to its proximity to schools, suggesting family-friendliness. The absence of transportation details prevents a comprehensive evaluation of this factor. The list price of £259,000 appears relatively reasonable when compared to other nearby properties of similar size and style, though determining a precise valuation is difficult due to missing square footage data in comparable listings. Potential buyers should factor in potential costs associated with updating or modernising certain areas. Overall, this property stands as a sound investment, contingent on the buyer’s readiness to undertake minor renovations to fully realize the property’s full potential.

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
7
Condition
6
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
979.52

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
218,432.96 £
Decreased by 6.69 %
from 234,105.28 £
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
62 Newmarket £ 90,0000.00 KM
16 Newmarket £ 108,0000.00 KM
84 Newmarket £ 245,0000.00 KM
20 Newmarket £ 19,0000.00 KM
76 Newmarket £ 173,0000.00 KM