3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

Eastgate, Louth, LN11
£199,500

Price History

Initial price £210,000
10/08/23 £199,500
Price Change -5.00%

Description

This Grade II listed Georgian property in the heart of the town centre has been converted into 2 x 1 bedroom apartments and 1 x studio apartment, producing a rental yield of 6.6%. The property features a chequerboard black and white ceramic tiled floor in the main entrance hall, as well as individual post boxes and a telephone intercom system. Each apartment has its own unique features, such as large picture windows, built-in cupboards, and tiled splashbacks in the kitchens. The property is currently let on short-hold tenancies, with Flat 3 letting for £425 per month. The property's central location and historical charm make it an attractive investment opportunity for both long-term let and short-stay holiday lettings.