Summary - Flat 2, 116a Eastgate LN11 9AA
3 bed 3 bath Not Specified
**Standout Features:**
- Grade II listed Georgian property
- Multi-use: three apartments and one shop unit
- Prime town centre location with high foot traffic
- Good condition throughout with preserved period features
- Potential for long-term or holiday rentals
- Close proximity to Northgate car parks
- Average council tax (band A)
**Concise Summary:**
Discover an exceptional investment opportunity in the heart of Louth with this stunning Grade II listed Georgian property. This well-maintained multi-use building features three stylish apartments and a spacious shop unit, all situated in a prime location that ensures consistent footfall and easy access to local amenities. The apartments exhibit spacious living areas, designed for comfort and efficiency, making them perfect for either long-term renters or vacation stays.
While the apartments have previously generated appealing rental income (ranging from £350 to £425 PCM), the opportunity for increased gains remains significant with demand for both housing and retail in this bustling area. The property, constructed in 2007, harmoniously blends historic charm with contemporary convenience. However, it's vital to note the listing's restrictions on significant renovations or extensions due to its listed status.
Investors will appreciate the location’s excellent accessibility to Northgate car parks, and the vibrant local scene within walking distance, featuring shops, restaurants, and entertainment options. This property presents a rare chance to acquire a versatile, character-rich investment that combines convenience with potential growth. Don’t miss out—early viewings are advised to secure this unique dual-purpose gem!
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