Block of flats

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Block of flats

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.