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Terraced house for sale
Queen Street, Louth
£169,950
Queen Street, Louth
£169,950
Our Summary
- The property requires modernisation throughout and internally comprises a ground floor flat and 4 bedsits, achieving a current rental income of £17,220 per annum
Description
This mid-terrace property in Louth, Lincolnshire, is a great investment opportunity. The property requires modernization throughout and currently generates a rental income of £17,220 per annum from the ground floor flat and four bedsits. The property is located in the conservation area of Louth, just a short walk from the town center and all local amenities. The town offers a range of services and amenities, including local schools, shops, and a hospital. The property has a unique layout, with a ground floor flat and four bedsits on the first and second floors. The bedsits are let at £240 per month each, and the ground floor flat is let at £475 per month. The property is believed to be freehold, and investors can expect a strong rental yield.