3 Bed Flat, Single Let, Grimsby, DN36 4JF, £177,000

Tetney Road, Humberston, DN36 4JF - 3 views - a year ago

Leasehold
BTL
ROI: 3%
~97 m²
+18 photos

ValuationUndervalued

Sold Prices£70K - £350K
Sold Prices/m²£735/m² - £3.3K/m²

 

 

Square Metres

~97 m²
Price/m²£1.8K/m²

Value Estimate

£212,400
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,250

Stamp Duty & Legal Fees

£6,510

Total Cash In

£50,760

 

 

Cash Out

 

Rent Range

£850 - £925

Rent Estimate

£895

Running Costs/mo

£752

Cashflow/mo

£143

Cashflow/yr

£1,715

ROI

3%

Gross Yield

6%

Local Sold Prices

20 sold prices from £70K to £350K, average is £200K. £735/m² to £3.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£138K11/200.44 mi11, Fieldhouse Road, Humberston, Grimsby, North East Lincolnshire DN36 4TL3
£200K01/210.64 mi11, Ashwood Drive, Humberston, Grimsby, North East Lincolnshire DN36 4TX3
£172.5K07/210.89 mi11, Seaford Road, Cleethorpes, North East Lincolnshire DN35 0LX3
£180K03/210.95 mi27, Berkeley Road, Cleethorpes, North East Lincolnshire DN35 0NU3
£185K05/210.98 mi1, Cumberland Road, Cleethorpes, North East Lincolnshire DN35 0NS3
£205K04/211.28 mi31, Trafalgar Park, New Waltham, Grimsby, North East Lincolnshire DN36 4YP3
£210K08/211.38 mi7, Findlay Crescent, New Waltham, Grimsby, North East Lincolnshire DN36 4QP3
£245K03/211.43 mi6, Loveden Court, Cleethorpes, North East Lincolnshire DN35 0JH3
£272.5K11/201.55 mi67, Peaks Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4LP3
£350K06/211.62 mi20, Aldrich Road, Cleethorpes, North East Lincolnshire DN35 0DP3
£200K08/211.95 mi6, Grainsby Avenue, Holton Le Clay, Grimsby, Lincolnshire DN36 5BP3
£165K07/212.17 mi15, Mount Pleasant, Holton Le Clay, Grimsby, Lincolnshire DN36 5ED3
£275K03/212.19 mi28, Hunsley Crescent, Grimsby, North East Lincolnshire DN32 8PX3
£158K12/202.43 mi35, Eastfield Avenue, Grimsby, North East Lincolnshire DN33 2PD3
£75K07/212.5 mi49b, Princes Road, Cleethorpes, North East Lincolnshire DN35 8AW3
£272.5K09/212.54 mi20, Permain Close, Scartho, Grimsby, North East Lincolnshire DN33 2FB3
£70K11/212.81 mi15, Lichfield Court, Grimsby, North East Lincolnshire DN32 8EY3
£210K03/212.81 mi14, Torbay Drive, Grimsby, North East Lincolnshire DN33 3DQ3
£70K11/212.82 mi15, Lichfield Court, Grimsby, North East Lincolnshire DN32 8EY3
£280K04/212.91 mi246, Scartho Road, Grimsby, North East Lincolnshire DN33 2EB3

Local Rents

12 rents from £850/mo to £925/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£92504/240.27 miFern Close, Humberston, Grimsby, DN363
£90503/240.27 miFern Close, Humberston, Grimsby, Lincolnshire, DN363
£92503/240.33 miAlder Avenue, Humberston, Grimsby, Lincolnshire, DN363
£89504/240.56 miQueen Elizabeth Road, Humberston, Grimsby3
£85001/250.73 mi-3
£89503/240.83 miParklands Avenue, Humberston, Grimsby, Lincolnshire, DN363
£87503/240.85 miPrimrose Way, Cleethorpes3
£92503/241.04 miGreen Lane, Humberston, GRIMSBY3
£89504/241.22 mi-3
£89503/241.22 miHarvey Walk, New Waltham, DN363
£87508/241.24 mi-3
£89505/241.24 miPeterson Drive, Grimsby, DN363

Local Area Statistics

Population in DN36

19,164

Population in Grimsby

124,581

Town centre distance

3.55 miles away

Nearest school

0.20 miles away

Nearest train station

2.52 miles away

 

 

Rental growth (12m)

-31%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Price changed to £177,000

September 25, 2024

Listed for £181,000

November 3, 2023

Floor Plans

Description

  • Superb two/three bedroom second floor apartment +
  • Internal viewing highly recommended to fully appreciate +
  • Popular village location - perfect for amenities & schools +
  • Living/dining room & modern fitted kitchen +
  • En-suite shower room & separate family bathroom suite +
  • Allocated parking, intercom system, GCH & double glazing +
  • Council Tax Band - C +

*MUST VIEW* Roost Estate Agents are delighted to bring this stunning two/three bedroom apartment to the market.

Found in the desirable village of Humberston, this modern apartment is ideally placed for a wide range of amenities, regular bus services, in catchment of highly regarded schools and only a short walk to the seaside - making it the perfect purchase for a multitude of buyers.

Beautifully presented and generously sized throughout, internal viewing comes highly recommended to fully appreciate all that is on offer.

Internally, there is a convenient entrance lobby, spacious living/dining room, modern fitted kitchen, two/three bedrooms (two of which are generous doubles, with the third being ideal as a nursery or home office), an en-suite shower room to the main bedroom and a separate family bathroom suite.

There is also the benefit of allocated parking to the front, with a secure intercom system for entry.

With gas central heating and double glazing - this is one not to be missed out on!

Agent Details

Roost Estate Agents, Cleethorpes

01472 404604

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪