Compact town-centre one-bed with parking — ideal low-maintenance investment..
Ground-floor one-bedroom apartment, circa 409 sq ft
Allocated off-street parking space in rear courtyard
Currently let on a periodic tenancy (rental income in place)
Long lease (990 years) and low-ish service charge (£195)
Electric storage heaters and electric hot water (higher running costs)
Small accommodation — most suitable for single/couple tenancy
Area classified as deprived with above-average crime statistics
Leasehold with ground rent £150 pa
A compact ground-floor one-bedroom apartment in Northgate Court, offered as an investment with an existing periodic tenancy. The flat sits just a few paces from Louth town centre and includes a valuable allocated parking space in a rear courtyard — a genuine convenience for tenants in the area.
Accommodation is small (circa 409 sq ft) with an open-plan kitchen, dining and sitting area and a front bay window. The building is a purpose-built red-brick development from the early 1990s, fitted with double glazing. The long lease (990 years) and modest service charge make ownership straightforward for a buy-to-let investor.
Be clear on the limitations: heating and hot water are electric (storage heaters and electric hot water), which can deter cost-conscious tenants and contributes to running costs. The neighbourhood scores as deprived with above-average crime levels — factors that affect rental demand, insurance and management requirements.
This property suits an investor seeking a low-maintenance, town-centre let with parking and long lease security. The flat’s small size and electric heating mean it’s best targeted at single occupants or couples. Full marketing particulars and internal photos should be obtained to confirm condition and room dimensions prior to offer.
1 bedroom flat for sale in Northgate, Louth, LN11 — £110,000 • 1 bed • 1 bath • 551 ft²
2 bedroom property for sale in Eastgate, Louth, LN11 — £110,000 • 2 bed • 1 bath • 754 ft²
3 bedroom town house for sale in Upgate, Louth, LN11 9ER, LN11 — £185,000 • 3 bed • 3 bath • 1610 ft²
2 bedroom flat for sale in 5 Spring Court Louth LN11 9PR, LN11 — £127,000 • 2 bed • 1 bath • 457 ft²
Shop for sale in Aswell Street, Louth, LN11 — £119,000 • 1 bed • 1 bath • 1404 ft²
1 bedroom ground floor maisonette for sale in Royal Oak Court, Louth LN11 9JA, LN11 — £110,000 • 1 bed • 1 bath • 370 ft²






























































