Sold Terraced

15 COMMERCIAL ROAD

LOUTH, LINCOLNSHIRE LN11 7AA

2 beds 1 baths 721 sq ft Listed 5 Nov 2024 (-589d)

£125,000

Offers in Region of

Reduced on 29 May 2025

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# 2 bedroom terraced house for sale (LN11 7AA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15 COMMERCIAL ROAD, LOUTH, LINCOLNSHIRE LN11 7AA |
| Price | £125,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 67 m² |
| Last sold | £120,000 Oct 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 29/01/2030
- **Current heating cost:** £647/year
- **Est. upgrade cost to C:** £33,275

### Recommendations
- A (£100 - £350)
- B (£500 - £1,500)
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- G (£350 - £450)
- I (£2,200 - £3,000)
- T2 (£400 - £900)
- N (£4,000 - £6,000)
- O (£3,300 - £6,500)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8570-6129-7560-0120-8276)

## Description

**REDUCED** MOTIVATED SELLER** This spacious and smartly presented two bedroom terrace property is ideally located within close proximity to Louth centre and all amenities. Offered for sale with NO FORWARD CHAIN, the property is an excellent opportunity for first time buyers or investment.

Internal viewing is considered essential in order to fully appreciate the living space on offer, which is briefly comprised of: Lounge, Kitchen dining room, utility room, bathroom suite and two double bedrooms to the first floor. Outside, there is a low maintenance courtyard with brick outbuilding . There is a gate to the rear leading to a communal passageway which in turn leads to a communal lawned garden area which is shared by neighbouring properties.

## Property Photos

- ![Front](/listings/photos/154628975/325175) - Front
- ![Lounge](/listings/photos/154628975/325176) - Lounge
- ![Lounge view](/listings/photos/154628975/325177) - Lounge view
- ![Kitchen view](/listings/photos/154628975/325178) - Kitchen view
- ![Kitchen](/listings/photos/154628975/325179) - Kitchen
- ![Bedroom 1](/listings/photos/154628975/325180) - Bedroom 1
- ![Bathroom](/listings/photos/154628975/325181) - Bathroom
- ![Utility](/listings/photos/154628975/325182) - Utility
- ![Bedroom 2 ](/listings/photos/154628975/325183) - Bedroom 2 
- ![Bedroom 2 view](/listings/photos/154628975/325184) - Bedroom 2 view
- ![Dining area](/listings/photos/154628975/325185) - Dining area
- ![Courtyard view](/listings/photos/154628975/325186) - Courtyard view
- ![Courtyard](/listings/photos/154628975/325187) - Courtyard
- ![Shared garden](/listings/photos/154628975/325188) - Shared garden
- ![Front view](/listings/photos/154628975/325189) - Front view

## Floorplans

- ![15 Commercial](/listings/photos/154628975/325190) - 15 Commercial

## EPC Graphs

- ![EPC Graph](/listings/photos/154628975/325191) - EPC Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 15 COMMERCIAL ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7AA | £120,000 | 08/10/2025 | Terraced |
| 15 COMMERCIAL ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7AA | £112,000 | 01/06/2020 | Terraced |
| 15 COMMERCIAL ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7AA | £85,000 | 21/05/2018 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 9 PARSONS HALT, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0UB | £173,000 | 19/12/2025 | Terraced |
| 3 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL | £133,000 | 12/12/2025 | Terraced |
| OLD DAIRY YARD 3 THAMES STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7BS | £175,000 | 12/11/2025 | Terraced |
| 27 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL | £210,000 | 14/07/2025 | Terraced |
| 17 PARSONS HALT, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0UB | £68,800 | 11/04/2025 | Terraced |
| 22 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL | £145,000 | 12/06/2024 | Terraced |
| 61 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL | £205,000 | 29/01/2024 | Terraced |
| 20 COMMERCIAL ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7AB | £126,500 | 16/10/2023 | Terraced |
| 5 RAMSGATE ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0NJ | £235,000 | 05/07/2023 | Terraced |
| 5 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL | £153,000 | 29/06/2023 | Terraced |
| 183 EASTGATE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DB | £168,000 | 06/04/2023 | Terraced |
| 1 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL | £120,000 | 31/03/2023 | Terraced |
| 8 RIVERHEAD TERRACE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DB | £167,000 | 14/11/2022 | Terraced |
| 20 ORCHARD CLOSE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0BS | £220,000 | 14/11/2022 | Terraced |
| 3 ORCHARD COURT, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7DS | £158,500 | 28/10/2022 | Terraced |
| 3 LUCERN COURT, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7BA | £97,500 | 21/10/2022 | Terraced |
| 15 THEODORE WEST WAY, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0FA | £179,000 | 30/09/2022 | Terraced |
| 43 RIVERHEAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DD | £150,000 | 26/09/2022 | Terraced |
| 74 VICTORIA ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0BX | £245,000 | 16/09/2022 | Terraced |
| 72 VICTORIA ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0BX | £255,000 | 11/08/2022 | Terraced |

**Area average:** £169,215 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £158,378 (18 Terraced, LN11, 2024–2026)
- **Deviation:** -21.1%

## Rental Range

*ONS Price Index of Private Rents (East Lindsey). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £618/mo
- **Realistic:** £687/mo
- **Optimistic:** £756/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Wolds and Coast (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £494/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Trinity Lane, LN11 | £600/mo | 2 | 0.18 miles | OpenRent |
| 2 Bed End Terrace, Eastfield Road, LN11 | £625/mo | 2 | 0.3 miles | OpenRent |
| 2 Bed End Terrace, Elizabeth Court Church Street, LN11 | £675/mo | 2 | 0.42 miles | OpenRent |
| 2 Bed Bungalow, Plover Grove, LN11 | £695/mo | 2 | 0.46 miles | OpenRent |
| 2 Bed End Terrace, High Holme Road, LN11 | £600/mo | 2 | 0.48 miles | OpenRent |
| 2 Bed End Terrace, Kidgate, LN11 | £650/mo | 2 | 0.55 miles | OpenRent |
| 2 Bed Terraced House, Cherry Way, LN11 | £795/mo | 2 | 0.57 miles | OpenRent |
| 2 Bed Terraced House, Church Street, LN11 | £750/mo | 2 | 0.58 miles | OpenRent |

**Average rent: £674/mo (8 listings)**

## 1% Rule

- **Rent ratio:** 0.53% (weak for cashflow)
- **Max investor price (0.8%):** £82,875
- **Target investor price (1%):** £66,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £663/mo).*

- **Gross yield:** 6.4%
- **Cost-to-rent:** 15.7×
- **Monthly cashflow:** £79/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,866/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 18.9%
- **10y growth:** 56.6%

## House Price Index (HM Land Registry)

*Official index for East Lindsey; Terraced series; as of March 2026.*

- **1y growth (index):** 0.3%
- **5y growth (index):** 19.1%
- **10y growth (index):** 50.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front Lounge Lounge view Kitchen view Kitchen Bedroom 1 Bathroom Utility Bedroom 2 Bedroom 2 view Dining area Courtyard view Courtyard Shared garden Front view

/ 15

Property details

Tenure

FREEHOLD

Floor area

67 m²

Council tax band

EPC rating

Year built

England and Wales: 1900-1929

Last sold

£120,000 Oct 2025

Price per m²

£1,866/m²

Local average

£158,378 (-21.1%)

Deprivation

Decile 3 (10,118 of 33,755)

Street crime

213 incidents within 1 mile (Apr 2026)

Key features

Spacious mid terrace home located within easy access of Louth town centre and amenities
Two double bedrooms and superb modern bathroom suite
Nice sized lounge , modern fitted kitchen diner and utility room
Well presented living accommodation throughout with gas central heating
Available for sale with no forward chain / vacant possession on completion
On street parking and low maintenance rear courtyard / garden
Excellent first time buy or buy to let investment opportunity.
Energy performance certificate rating D; Council tax band A

Description

REDUCED MOTIVATED SELLER** This spacious and smartly presented two bedroom terrace property is ideally located within close proximity to Louth centre and all amenities. Offered for sale with NO FORWARD CHAIN, the property is an excellent opportunity for first time buyers or investment.
Internal viewing is considered essential in order to fully appreciate the living space on offer, which is briefly comprised of: Lounge, Kitchen dining room, utility room, bathroom suite and two double bedrooms to the first floor. Outside, there is a low maintenance courtyard with brick outbuilding . There is a gate to the rear leading to a communal passageway which in turn leads to a communal lawned garden area which is shared by neighbouring properties.

Listed by

Louth

Sequence (UK) Limited - Connells

Reference: 154628975

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 30/01/2020

Expiry date: 29/01/2030

Current heating cost: £647/year

Potential heating cost: £343/year

Est. upgrade cost to C: £33,275

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Increase loft insulation to 270 mm (£100 - £350)
Cavity wall insulation (£500 - £1,500)
50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (solid floor) (£4,000 - £6,000)
Upgrade heating controls (£350 - £450)
Replace boiler with new condensing boiler (£2,200 - £3,000)
Flue gas heat recovery in conjunction with boiler (£400 - £900)
Solar water heating (£4,000 - £6,000)
Replace single glazed windows with low-E double glazing (£3,300 - £6,500)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

15 Commercial

EPC Graphs

EPC Graph

Price history

41% since 2018

Event	Date	Price	% change
Sold	08/10/2025 (8 months ago)	£120,000	+7.1%
Sold	01/06/2020 (6 years ago)	£112,000	+31.8%
Sold	21/05/2018 (8 years ago)	£85,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
9 PARSONS HALT, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0UB	£173,000	19/12/2025	Terraced
3 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL	£133,000	12/12/2025	Terraced
OLD DAIRY YARD 3 THAMES STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7BS	£175,000	12/11/2025	Terraced
27 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL	£210,000	14/07/2025	Terraced
17 PARSONS HALT, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0UB	£68,800	11/04/2025	Terraced
22 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL	£145,000	12/06/2024	Terraced
61 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL	£205,000	29/01/2024	Terraced
20 COMMERCIAL ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7AB	£126,500	16/10/2023	Terraced
5 RAMSGATE ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0NJ	£235,000	05/07/2023	Terraced
5 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL	£153,000	29/06/2023	Terraced
183 EASTGATE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DB	£168,000	06/04/2023	Terraced
1 TRINITY LANE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DL	£120,000	31/03/2023	Terraced
8 RIVERHEAD TERRACE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DB	£167,000	14/11/2022	Terraced
20 ORCHARD CLOSE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0BS	£220,000	14/11/2022	Terraced
3 ORCHARD COURT, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7DS	£158,500	28/10/2022	Terraced
3 LUCERN COURT, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7BA	£97,500	21/10/2022	Terraced
15 THEODORE WEST WAY, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0FA	£179,000	30/09/2022	Terraced
43 RIVERHEAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DD	£150,000	26/09/2022	Terraced
74 VICTORIA ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0BX	£245,000	16/09/2022	Terraced
72 VICTORIA ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0BX	£255,000	11/08/2022	Terraced

Area average: £169,215 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 18.9%

10y growth 56.6%

House Price Index (HM Land Registry — official index, not sold-price averages): East Lindsey. Series: Terraced. As of March 2026.

1y (index) 0.3%

5y (index) 19.1%

10y (index) 50.7%

Rental Range

Estimated market rent for East Lindsey. Low = conservative, Realistic = average, Optimistic = best case.

Low £618/mo

Realistic £687/mo

Optimistic £756/mo

Based on Local Authority from postcode lookup → East Lindsey.

LHA (30th percentile) floor for Wolds and Coast: £494/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LN11 7AA

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Bonnie's Grooming Parlour	0.0 miles
Bus stop	Swimming Pool	0.1 miles
Bus stop	St Bernards Avenue	0.1 miles
Shop	Wa'shum & Dry	0.1 miles
Hospital	County Hospital Louth	0.7 miles
Train station	Ludborough	5.4 miles
Train station	North Thoresby	7.0 miles

Street-level crime

Category	Count
Anti-social behaviour	90
Violence and sexual offences	63
Shoplifting	20
Other theft	10
Public order	10
Criminal damage and arson	9
Other crime	3
Burglary	2
Drugs	2
Vehicle crime	2
Bicycle theft	1
Robbery	1
Total incidents	213

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Eastfield Infants and Nursery Academy	Primary	0.2 miles	Good — 20 Jul 2023
Lacey Gardens Junior Academy	Primary	0.2 miles	Good — 25 Feb 2014
Louth Academy	Secondary	0.3 miles	Good — 22 Mar 2022
Greenwich House School	Other	0.4 miles	Good — 16 May 2024
St Michael's Church of England School, Louth	Primary	0.4 miles	Good — 10 Nov 2011

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, Trinity Lane, LN11	£600/mo	2	0.18 miles	OpenRent
2 Bed End Terrace, Eastfield Road, LN11	£625/mo	2	0.3 miles	OpenRent
2 Bed End Terrace, Elizabeth Court Church Street, LN11	£675/mo	2	0.42 miles	OpenRent
2 Bed Bungalow, Plover Grove, LN11	£695/mo	2	0.46 miles	OpenRent
2 Bed End Terrace, High Holme Road, LN11	£600/mo	2	0.48 miles	OpenRent
2 Bed End Terrace, Kidgate, LN11	£650/mo	2	0.55 miles	OpenRent
2 Bed Terraced House, Cherry Way, LN11	£795/mo	2	0.57 miles	OpenRent
2 Bed Terraced House, Church Street, LN11	£750/mo	2	0.58 miles	OpenRent

Average rent: £674/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.53%

Max investor price (0.8%) £82,875

Target investor price (1%) £66,300

Gross yield 6.4%

Cost-to-rent ratio 15.7×

Monthly cashflow £79/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 2.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).