# 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 |
| Last sold | £120,000 Oct 2025 |

## 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).*

## Capital growth trend

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

- **5y growth:** 13.7%
- **10y growth:** 63.1%

## 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)