3 Bed Terraced House, Single Let, Grimsby, DN34 5HY, £94,950

15 CARNFORTH CRESCENT, GRIMSBY DN34 5HY - 5 views - a year ago

BTL
ROI: 9%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£65K - £220K
Sold Prices/m²£764/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£118,468
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,738

Stamp Duty & Legal Fees

£4,049

Total Cash In

£27,786

 

 

Cash Out

 

Rent Range

£600 - £925

Rent Estimate

£647

Running Costs/mo

£446

Cashflow/mo

£201

Cashflow/yr

£2,411

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £65K to £220K, average is £120.9K. £764/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£87K10/200.07 mi5, Castleford Avenue, Grimsby, North East Lincolnshire DN34 5HP3
£103K05/210.09 mi75, Carnforth Crescent, Grimsby, North East Lincolnshire DN34 5JB3
£102K07/210.09 mi16, Worcester Avenue, Grimsby, North East Lincolnshire DN34 5HB3
£85K05/210.12 mi3, Stratford Avenue, Grimsby, North East Lincolnshire DN33 1EN3
£147.5K03/230.13 mi27, Western Outway, Grimsby, North East Lincolnshire DN34 5EX3
£126K08/210.13 mi35, Western Outway, Grimsby, North East Lincolnshire DN34 5EX3
£100K10/200.14 mi2, Warwick Avenue, Grimsby, North East Lincolnshire DN33 1EJ3
£143K05/210.14 mi245, Laceby Road, Grimsby, North East Lincolnshire DN34 5DU3
£125K08/210.14 mi239, Laceby Road, Grimsby, North East Lincolnshire DN34 5DU3
£117K11/210.16 mi27, Eastern Inway, Grimsby, North East Lincolnshire DN34 5HH3
£102K10/200.16 mi22, Eastern Inway, Grimsby, North East Lincolnshire DN34 5HH3
£145K11/220.16 mi20, Watford Avenue, Grimsby, North East Lincolnshire DN34 5JF3
£172K11/220.19 mi364, Laceby Road, Grimsby, North East Lincolnshire DN34 5LU3
£165K12/220.2 mi1, Tattershall Avenue, Grimsby, North East Lincolnshire DN34 5JL3
£110K09/210.2 mi27, Malvern Avenue, Grimsby, North East Lincolnshire DN33 1EQ3
£140K09/210.2 mi53, Worcester Avenue, Grimsby, North East Lincolnshire DN34 5HN3
£115K08/210.21 mi63, Crowland Avenue, Grimsby, North East Lincolnshire DN34 5JT3
£65K12/200.21 mi63, Winchester Avenue, Grimsby, North East Lincolnshire DN33 1EL3
£159K12/200.21 mi14, Norwich Avenue, Grimsby, North East Lincolnshire DN34 5ET3
£82K01/230.22 mi153, Sherwood Road, Grimsby, North East Lincolnshire DN34 5TQ3
£122.3K04/230.23 mi16, Stainton Drive, Grimsby, North East Lincolnshire DN33 1EG3
£130K03/230.24 mi48, Barry Avenue, Grimsby, North East Lincolnshire DN34 5LS3
£118K02/210.24 mi40, Barry Avenue, Grimsby, North East Lincolnshire DN34 5LS3
£150K03/210.24 mi14, Barry Avenue, Grimsby, North East Lincolnshire DN34 5LS3
£155K03/210.24 mi24, Barry Avenue, Grimsby, Humberside DN34 5LS3
£149K09/210.24 mi231, Laceby Road, Grimsby, Humberside DN34 5DT3
£95K01/230.25 mi7, Willoughby Grove, Grimsby, North East Lincolnshire DN34 5JS3
£92K02/210.25 mi6, Willoughby Grove, Grimsby, North East Lincolnshire DN34 5JS3
£66.5K10/200.25 mi11, Alder View, Grimsby, North East Lincolnshire DN33 1RH3
£77K12/220.25 mi39, Alder View, Grimsby, North East Lincolnshire DN33 1RH3
£87K10/200.25 mi58, Sherwood Road, Grimsby, North East Lincolnshire DN34 5TJ3
£87.5K05/210.26 mi10, Eastern Inway, Grimsby, North East Lincolnshire DN34 5HF3
£119.5K07/210.26 mi17, Western Outway, Grimsby, North East Lincolnshire DN34 5HE3
£165K01/210.26 mi186, Laceby Road, Grimsby, North East Lincolnshire DN34 5DP3
£179.9K05/210.26 mi200, Laceby Road, Grimsby, North East Lincolnshire DN34 5DP3
£165K01/230.26 mi216, Laceby Road, Grimsby, North East Lincolnshire DN34 5DP3
£135K03/230.28 mi384, Laceby Road, Grimsby, North East Lincolnshire DN34 5LX3
£95K08/230.29 mi124, Carnforth Crescent, Grimsby, North East Lincolnshire DN34 5EF3
£105K07/210.29 mi104, Carnforth Crescent, Grimsby, North East Lincolnshire DN34 5EF3
£180K11/210.3 mi262, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5DF3
£89K06/210.32 mi6, Marton Grove, Grimsby, North East Lincolnshire DN33 1JF3
£125K03/210.33 mi227, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5BY3
£157K02/230.33 mi225, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5BY3
£220K05/230.33 mi233, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5BX3
£84.5K05/210.34 mi20, Welbeck Road, Grimsby, North East Lincolnshire DN34 5NJ3
£110K03/210.34 mi24, Welbeck Road, Grimsby, North East Lincolnshire DN34 5NJ3
£127.5K06/210.34 mi164, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5DB3
£72K07/230.35 mi18, Wymark View, Grimsby, North East Lincolnshire DN33 1RF3
£125K06/210.36 mi78, Stainton Drive, Grimsby, North East Lincolnshire DN33 1EF3
£135K02/230.37 mi20, Sherwood Road, Grimsby, North East Lincolnshire DN34 5TN3

Local Rents

18 rents from £600/mo to £925/mo, average is £710/mo.

RentDateDistanceAddressBeds 
£89503/240.22 miStainton Drive, Grimsby, Lincolnshire, DN333
£69503/240.31 mi-3
£60012/230.31 mi-3
£69502/250.31 mi-3
£65011/230.32 mi-3
£67502/250.32 mi-3
£75008/240.33 mi-3
£72508/240.35 mi-3
£72504/240.48 mi-3
£72504/240.48 miWroxham Avenue, Grimsby, DN343
£72503/240.49 miClarendon Road, Grimsby, DN343
£68502/250.49 mi-3
£68003/250.49 mi-3
£79503/240.51 mi-3
£67507/230.55 mi-3
£62505/240.57 miC3
£92502/250.6 mi-3
£85003/240.61 miEsther Way, Scartho Top3

Local Area Statistics

Population in DN34

19,205

Population in Grimsby

124,581

Town centre distance

0.89 miles away

Nearest school

0.30 miles away

Nearest train station

1.38 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £94,950

February 7, 2024

Sold for £17,500

2001

Floor Plans

Description

  • VIDEO VIEWING AVAILABLE +
  • 3 Bedroom Mid-Terrace Property +
  • Available With NO "CHAIN" +
  • Off-Road Parking +
  • Large Rear Garden +
  • External Brick Outbuildings +
  • uPVC Double Glazing +
  • Gas Central Heating System +

Jackson, Green and Preston are delighted to offer to the market this three bedroom mid-terrace property, located in this prime residential position within close proximity to Grimsby town centre and local amenities.
This well planned accommodation briefly comprises of entrance hallway, living room/dining room, kitchen and cloakroom on the ground floor, whilst the first floor accommodates the three bedrooms and the bathroom.
Externally the property is situated with front and rear gardens with the front providing off-road parking via a concreted front, whilst the rear is an extensive size being partially concreted and partially laid to lawn and surrounded on all sides by a mixture of timber fencing and brick walling whilst also containing two brick buildings. The property benefits from uPVC double glazing throughout and a gas central heating system.
Available with NO "CHAIN", this would be an excellent purchase for anyone looking to step onto the housing ladder, equally this could be of interest to a buy to let investor looking to add to their portfolio. Viewing is highly recommended for this excellent opportunity.

Agent Details

Jackson Green & Preston, Grimsby

01472 404357

Next Steps?

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