The Terrace, Stewton Lane, Louth, LN11
LO

The Terrace, Stewton Lane, Louth, LN11

By Lovelle

£ 155,000

Reviews

2 out of 5 stars

Lovelle says ..

** RETIREMENT PROPERTY**In walk-in condition.  An attractive and spacious townhouse located within the beautiful grounds of Stewton House care home. The property is part of a small residential area for the over 60 complete with emergency call bell system and fitted stairlift. ...

Property Oracle says ..

This three-bedroom, two-bathroom property located on Temple Terrace in Louth, Lincolnshire, presents a mixed bag for prospective buyers. The property’s proximity to several schools, including well-regarded options like Louth Kidgate Primary Academy, is a major advantage for families. The images suggest a relatively quiet residential area. However, additional information on transportation links would be beneficial in a full assessment.

Inside, the property shows a need for some modernisation. The kitchen, in particular, appears dated. While the rest of the house looks habitable, it’s clear that updating the decor and fixtures would significantly enhance its overall appeal and market value. The lack of a private garden is a significant drawback, although there is a small shared green space available.

The price of £155,000 needs to be considered in the context of similar properties in the immediate vicinity. While the price per square foot isn’t available for this property, prices in surrounding streets show considerable variation. This indicates that additional data is needed for a precise comparison. However, considering the property’s condition and lack of a private garden, the price is likely to attract some market interest. The property is suitable for a first time buyer or investor looking for a property that needs some updating. Overall, a potential buyer needs to weigh the advantages of location and proximity to good schools against the property’s need for modernisation and limited outdoor space.

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
3
Bathrooms
2
Sqft (est)
700.00

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
156,100.00 £
Decreased by 6.69 %
from 167,300.00 £
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
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Lovelle created the listing.

Nearby Schools

NameTypeOfstedDistance
Greenwich House SchoolOther Independent SchoolGood0.53 KM
Louth Kidgate Primary AcademyAcademy ConverterOutstanding0.70 KM
King Edward Vi Grammar SchoolAcademy Converter0.71 KM
St Michael'S Church Of England School, LouthVoluntary Controlled SchoolGood1.20 KM
Louth AcademyAcademy Sponsor Led1.25 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Mount Olivet £ 000.00 KM
Mill Lane £ 000.00 KM
Westgate £ 000.00 KM
Butcher Lane £ 000.00 KM
The Crescent £ 149,95000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
BROADBANK LOUTH £ 280,000BUY6 / 100.07 KM
BROADBANK LOUTH £ 280,000BUY7 / 100.07 KM
BROADBANK, LOUTH £ 179,950BUYUnknown0.08 KM
BROADBANK, LOUTH £ 280,000BUY7 / 100.09 KM
BROADBANK LOUTH £ 350,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
2 Temple Terrace £ 235,0000.01 KM
5 Temple Terrace £ 422,0000.01 KM
1 Temple Terrace £ 177,0000.01 KM
3 Temple Terrace £ 190,0000.01 KM
12 Cedar Close £ 210,3500.04 KM