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Block of flats
James Street, Louth LN11
£315,000
James Street, Louth LN11
£315,000
Price History
Initial price | £400,000 |
06/12/24 | £395,000 |
14/12/24 | £390,000 |
21/12/24 | £385,000 |
24/12/24 | £380,000 |
03/01/25 | £375,000 |
10/01/25 | £370,000 |
17/01/25 | £340,000 |
31/01/25 | £335,000 |
27/02/25 | £330,000 |
13/03/25 | £325,000 |
19/03/25 | £320,000 |
27/03/25 | £315,000 |
Price Change | -21.25% |
Description
This property is a block of four residential flats located in Louth, with a total of six bedrooms, and currently occupied by tenants. The flats feature lounges, modern kitchens, and bathrooms, with excellent local transport links. The properties are being sold at a competitive price, with Flat 1 and 2 priced at £110,000 for two bedrooms, and Flat 3 and 4 priced at £90,000 for one bedroom. The property currently generates an annual gross income of £22,680, which has the potential to increase to £24,000 with a new owner. This presents a lucrative investment opportunity for those looking to add to their property portfolio, with a worthwhile return on investment.