Sold STC Flat

5 RAMSGATE ROAD

LOUTH, LINCOLNSHIRE LN11 0NJ

3 beds 1 baths 807 sq ft Listed 8 Aug 2017 (-3231d)

£155,000

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# 3 bedroom ground floor flat for sale (LN11 0NJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5 RAMSGATE ROAD, LOUTH, LINCOLNSHIRE LN11 0NJ |
| Price | £155,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Construction age | England and Wales: before 1900 |
| Floor area | 75 m² |
| Last sold | £235,000 Jul 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 07/08/2032
- **Current heating cost:** £789/year
- **Est. upgrade cost to C:** £28,525

### Recommendations
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- D (£80 - £120)
- E (£25)
- 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/0432-1128-4100-0428-9202)

## Description

The property briefly comprises: Entrance, Entrance Door, Entrance Lobby,  Hall, Inner Hall, Lounge/Diner, Breakfast/Kitchen, Inner Hall, Three Bedrooms And Bathroom.

Previously rented out at £600 per calendar month.

## Property Photos

- ![Front aspect](/listings/photos/61223662/247187) - Front aspect
- ![Kitchen](/listings/photos/61223662/247188) - Kitchen
- ![Entrance Hall](/listings/photos/61223662/247189) - Entrance Hall
- ![Lounge](/listings/photos/61223662/247190) - Lounge
- ![Hall](/listings/photos/61223662/247191) - Hall
- ![Bedroom 1](/listings/photos/61223662/247192) - Bedroom 1
- ![Bedroom 3](/listings/photos/61223662/247193) - Bedroom 3
- ![Bedroom 2](/listings/photos/61223662/247194) - Bedroom 2
- ![Bathroom](/listings/photos/61223662/247195) - Bathroom
- ![Single Garage](/listings/photos/61223662/247196) - Single Garage
- ![Entrance Hall](/listings/photos/61223662/247197) - Entrance Hall
- ![Front aspect](/listings/photos/61223662/247198) - Front aspect

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #17087088
- **Address:** 5 Crown Mills, Ramsgate Road, LN11 0NJ
- **Certificate Issued:** 07/12/2025
- **Work Completed:** 03/12/2025
- **Items:** 8 window(s), 1 door(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 RAMSGATE ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0NJ | £235,000 | 05/07/2023 | 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 |
|---------|-------|------|------|
| 6 FORLANDER PLACE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7WA | £85,000 | 24/11/2022 | Flat |
| [Same street] 7 CROWN MILLS, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0NJ | £157,500 | 25/01/2022 | Flat |
| HARRISON WAREHOUSE 4 EASTGATE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DD | £80,000 | 28/06/2021 | Flat |

**Street average:** £157,500 (1 sale)
**Area average:** £82,500 (2 sales)

## Price vs local average

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

- **Local average:** £89,000 (4 Flat, LN11, 2024–2026)
- **Deviation:** +74.2%

## 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):** £598/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 |
|------|------|------|------|------|
| 3 Bed Terraced House, Charles St, LN11 | £950/mo | 3 | 0.25 miles | OpenRent |
| 3 Bed Semi-Detached House, Keddington Crescent, LN11 | £900/mo | 3 | 0.38 miles | OpenRent |
| 3 Bed Terraced House, Fulmar Drive, LN11 | £825/mo | 3 | 0.49 miles | OpenRent |
| 3 Bed Semi-Detached House, Buttercup Lane, LN11 | £995/mo | 3 | 0.92 miles | OpenRent |
| 3 Bed End Terrace, Lavender Way, LN11 | £975/mo | 3 | 0.99 miles | OpenRent |

**Average rent: £929/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.61% (weak for cashflow)
- **Max investor price (0.8%):** £118,750
- **Target investor price (1%):** £95,000

*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 £950/mo).*

- **Gross yield:** 7.4%
- **Cost-to-rent:** 13.6×
- **Monthly cashflow:** £220/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.9%

*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:** £2,067/m²

## Capital growth trend

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

- **5y growth:** -58.6%

## House Price Index (HM Land Registry)

*Official index for East Lindsey; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -5.2%
- **5y growth (index):** 5.3%
- **10y growth (index):** 30.7%

## 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 aspect Kitchen Entrance Hall Lounge Hall Bedroom 1 Bedroom 3 Bedroom 2 Bathroom Single Garage Entrance Hall Front aspect

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Property details

Floor area

75 m²

EPC rating

Year built

England and Wales: before 1900

Last sold

£235,000 Jul 2023

Price per m²

£2,067/m²

Local average

£89,000 (+74.2%)

Deprivation

Decile 3 (10,118 of 33,755)

Street crime

215 incidents within 1 mile (Apr 2026)

Key features

THREE BEDROOMS
SPACIOUS GROUND FLOOR APPARTMENT
DETACHED SINGLE GARAGE
ALLOCATED PARKING SPACE
CLOSE TO TOWN CENTRE
OVER LOOKING THE RIVER LUD
MODERN KITCHEN

Additional details

Parking: Yes

Description

A very well presented three bedroom ground floorflat situated in the very sought after Crown Mills development in the town of Louth. The propertybenefits from double glazing, Gas fired central heating and a detached single garage.

The property briefly comprises: Entrance, Entrance Door, Entrance Lobby, Hall, Inner Hall, Lounge/Diner, Breakfast/Kitchen, Inner Hall, Three Bedrooms And Bathroom.
Previously rented out at £600 per calendar month.

Listed by

Louth

Compass Estate Agents

Reference: 61223662

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 08/08/2022

Expiry date: 07/08/2032

Current heating cost: £789/year

Potential heating cost: £433/year

Est. upgrade cost to C: £28,525

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

Recommendations

50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (solid floor) (£4,000 - £6,000)
Draughtproof single-glazed windows (£80 - £120)
Low energy lighting for all fixed outlets (£25)
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)

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #17087088 Recent

Property Details

Street: 5 Crown Mills

Town: Ramsgate Road

Postcode: LN11 0NJ

Installation Details

Items: 8 windows and 1 door

Certificate Issued: 07/12/2025

Work Completed: 03/12/2025

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Sold	05/07/2023 (2 years ago)	£235,000	—

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
6 FORLANDER PLACE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 7WA	£85,000	24/11/2022	Flat
Same street 7 CROWN MILLS, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0NJ	£157,500	25/01/2022	Flat
HARRISON WAREHOUSE 4 EASTGATE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 8DD	£80,000	28/06/2021	Flat

Street average: £157,500 (1 sale)

Area average: £82,500 (2 sales)

Capital growth trend

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

5y growth -58.6%

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

1y (index) -5.2%

5y (index) 5.3%

10y (index) 30.7%

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: £598/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LN11 0NJ

Nearby

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

Type	Name	Distance
Shop	Bonnie's Grooming Parlour	0.0 miles
Bus stop	Old Mill Park	0.1 miles
Bus stop	Swimming Pool	0.1 miles
Shop	Wa'shum & Dry	0.1 miles
Hospital	County Hospital Louth	0.6 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	64
Shoplifting	20
Criminal damage and arson	10
Other theft	10
Public order	10
Other crime	3
Burglary	2
Drugs	2
Vehicle crime	2
Bicycle theft	1
Robbery	1
Total incidents	215

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
3 Bed Terraced House, Charles St, LN11	£950/mo	3	0.25 miles	OpenRent
3 Bed Semi-Detached House, Keddington Crescent, LN11	£900/mo	3	0.38 miles	OpenRent
3 Bed Terraced House, Fulmar Drive, LN11	£825/mo	3	0.49 miles	OpenRent
3 Bed Semi-Detached House, Buttercup Lane, LN11	£995/mo	3	0.92 miles	OpenRent
3 Bed End Terrace, Lavender Way, LN11	£975/mo	3	0.99 miles	OpenRent

Average rent: £929/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.61%

Max investor price (0.8%) £118,750

Target investor price (1%) £95,000

Gross yield 7.4%

Cost-to-rent ratio 13.6×

Monthly cashflow £220/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 5.9%

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).