3 Bed Terraced House, Single Let, Grimsby, DN36 5XF, £105,000

Samphire Close, North Cotes, DN36 5XF - 2 views - a year ago

BTL
ROI: 3%
~74 m²
+8 photos

ValuationUndervalued

Sold Prices£105K - £330K
Sold Prices/m²£1.3K/m² - £3.4K/m²

 

 

Square Metres

~73.60 m²
Price/m²£1.4K/m²

Value Estimate

£130,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£32,700

 

 

Cash Out

 

Rent Range

£525 - £525

Rent Estimate

£525

Running Costs/mo

£453

Cashflow/mo

£72

Cashflow/yr

£863

ROI

3%

Gross Yield

6%

Local Sold Prices

14 sold prices from £105K to £330K, average is £183.5K. £1.3K/m² to £3.4K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£105K07/230.01 mi112, Samphire Close, North Cotes, Grimsby, Lincolnshire DN36 5XF3
£305K03/210.35 miSouthey Green, Sea Lane, North Cotes, Grimsby, Lincolnshire DN36 5UZ3
£160K12/211.26 miLa Corbiere, Lock Road, North Cotes, Grimsby, Lincolnshire DN36 5UP3
£177.5K06/211.64 miBonners Cottage, Sea Dyke Way, Marshchapel, Grimsby, Lincolnshire DN36 5TD3
£190K03/211.74 mi9, Mill Close, Marshchapel, Grimsby, Lincolnshire DN36 5TP3
£190K11/201.74 mi7, Mill Close, Marshchapel, Grimsby, Lincolnshire DN36 5TP3
£185K12/221.74 mi2, Mill Close, Marshchapel, Grimsby, Lincolnshire DN36 5TP3
£200K02/211.81 mi4, Swaby Close, Marshchapel, Grimsby, Lincolnshire DN36 5SA3
£158K05/221.84 mi13, Harpham Road, Marshchapel, Grimsby, Lincolnshire DN36 5TR3
£182K06/231.84 mi7, Harpham Road, Marshchapel, Grimsby, Lincolnshire DN36 5TR3
£154K02/211.84 mi10, Harpham Road, Marshchapel, Grimsby, Lincolnshire DN36 5TR3
£285K10/231.84 mi1, Harpham Road, Marshchapel, Grimsby, Lincolnshire DN36 5TR3
£330K10/212.8 miCharis, Wragholme Road, Grainthorpe, Louth, Lincolnshire LN11 7JD3
£107.5K10/212.99 mi319, Humberston Fitties, Humberston, Grimsby, North East Lincolnshire DN36 4HB3

Local Rents

1 rents from £525/mo to £525/mo, average is £525/mo.

RentDateDistanceAddressBeds 
£52503/241.5 miSea Dyke Way, Marshchapel, DN36 5TF2

Local Area Statistics

Population in DN36

19,164

Population in Grimsby

124,581

Town centre distance

7.52 miles away

Nearest school

1.20 miles away

Nearest train station

5.75 miles away

 

 

Rental growth (12m)

-31%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Price changed to £105,000

December 17, 2024

Listed for £110,000

November 23, 2023

Floor Plans

Description

  • 3 bedrooms +
  • Lounge with coal burner +
  • Dining room/snug +
  • Fitted kitchen with wooden work tops +
  • First floor shower room +
  • Enclosed rear garden +
  • Garage and driveway +
  • Perfect for first time buyer +

This 3 bedroom end terrace, located on a former RAF base, is ready for its new owner. Briefly boasting a lounge with coal burner, kitchen, dining room, 3 beds, shower room, enclosed rear garden and driveway, this property is perfect for a first time buyer or people looking to downsize.
A spacious hall provides access to the kitchen, lounge, stairs to the first floor and a storage cupboard. The lounge, boasting uPVC windows to the front and rear aspects, includes a coal burning fireplace. The kitchen benefits from wooden fitted worktops, spaces for electric oven and hob, washing machine, undercounter fridge and freezers and a slimline dishwasher and leads to the separate dining room which is currently being used as a snug. The dining room has a door leading to the enclosed rear garden. The first floor boasts 3 generously sized bedrooms and a shower room, which is fitted with an shower cubicle and electric shower, sink, wc and heated towel rail. A storage cupboard housing the tank and further storage space can be found off of the landing.  EPC: E Council Tax Band: A Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller or information supplied by a third party. We strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.  We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 + VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances. Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Midlands & Yorkshire

024 7542 9233

Next Steps?

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