Summary - 7, UPGATE, LOUTH LN11 9ER
3 bed 3 bath Town House
Immediate rental income from a historic townhouse opposite St James’ Church.
Freehold block of three flats: two 1-bed, one 2-bed, fully occupied
This freehold end-of-terrace townhouse is offered as a buy-to-let block of three flats in the heart of Louth’s conservation area. Currently fully occupied with two one-bed flats and one two-bed flat, it produces immediate rental income and benefits from separate gas boilers for each unit and communal safety lighting and alarms.
The building is Grade II listed, constructed of solid brick with a rendered facade and single-glazed timber windows. That historic status preserves character but will restrict alterations and may complicate refurbishment work and consents. The property requires modernization throughout—kitchens, bathrooms and some internal finishes are dated and the building would benefit from improved thermal efficiency.
Practical positives for investors include freehold ownership, an enclosed rear courtyard for bins and tenant storage, and a central, high‑footfall location opposite St James’ Church and local amenities. Notable cautions: the area scores as deprived with higher local crime levels, single glazing limits energy performance, and listing status will cause difficulties and potential extra cost for conversions or structural works.
This is a hands-on investment for a buyer prepared to manage refurbishment and listed-building compliance; it suits a landlord seeking immediate income with medium-term value uplift from sensible modernisation and energy upgrades.
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