2 Bed Terraced House, Single Let, Immingham, DN40 2JZ, £99,950

21 Kennedy Way, Immingham, DN40 2AB - 2 views - a year ago

BTL
ROI: 5%
~62 m²
+5 photos

ValuationUndervalued

Sold Prices£50K - £199K
Sold Prices/m²£625/m² - £2.6K/m²

 

 

Square Metres

~62.10 m²
Price/m²£1.6K/m²

Value Estimate

£102,021
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£4,199

Total Cash In

£29,186

 

 

Cash Out

 

Rent Range

£550 - £950

Rent Estimate

£569

Running Costs/mo

£446

Cashflow/mo

£123

Cashflow/yr

£1,474

ROI

5%

Gross Yield

7%

Local Sold Prices

31 sold prices from £50K to £199K, average is £125K. £625/m² to £2.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£115K01/220.01 mi19, Muirfield Croft, Immingham, North East Lincolnshire DN40 2JZ2
£97K09/220.02 mi13, Muirfield Croft, Immingham, North East Lincolnshire DN40 2JZ2
£135K07/200.04 mi270, Pelham Road, Immingham, North East Lincolnshire DN40 1QE2
£142K01/210.04 mi246, Pelham Road, Immingham, North East Lincolnshire DN40 1QE2
£92K11/200.11 mi16, Sunningdale Drive, Immingham, North East Lincolnshire DN40 2LA2
£109K02/210.16 mi186, Pelham Road, Immingham, Humberside DN40 1QD2
£125K09/200.16 mi149, Woodlands Avenue, Immingham, North East Lincolnshire DN40 2LW2
£90K07/230.21 mi35, Manby Road, Immingham, North East Lincolnshire DN40 2LF2
£145K01/230.37 mi6, Winslow Drive, Immingham, North East Lincolnshire DN40 2BQ2
£92K05/230.38 mi33, Margaret Street, Immingham, North East Lincolnshire DN40 1JZ2
£70K10/210.39 mi40, Margaret Street, Immingham, North East Lincolnshire DN40 1JY2
£185K05/230.4 mi2, Bradford Road, Immingham, North East Lincolnshire DN40 2BE2
£139K01/210.41 mi26, Thornton Place, Immingham, North East Lincolnshire DN40 1ND2
£131K05/230.43 mi23, Ainsworth Road, Immingham, North East Lincolnshire DN40 2BJ2
£50K07/220.46 mi30, Kings Road, Immingham, North East Lincolnshire DN40 1AL2
£160K08/210.48 mi343, Pelham Road, Immingham, North East Lincolnshire DN40 1NF2
£140.9K12/200.48 mi331, Pelham Road, Immingham, North East Lincolnshire DN40 1NF2
£178K07/200.48 mi355a, Pelham Road, Immingham, North East Lincolnshire DN40 1NF2
£130K07/210.51 mi67, Clyfton Crescent, Immingham, North East Lincolnshire DN40 2BW2
£130K11/210.6 mi84, Bluestone Lane, Immingham, North East Lincolnshire DN40 2ER2
£130K01/210.62 mi6, Hamish Walk, Immingham, North East Lincolnshire DN40 1PP2
£144.9K07/210.66 mi57, Bluestone Lane, Immingham, North East Lincolnshire DN40 2DU2
£135K03/230.68 mi20, Valda Vale, Immingham, North East Lincolnshire DN40 2ED2
£80K08/220.72 mi10, Aire Close, Immingham, North East Lincolnshire DN40 2DT2
£106.5K11/220.73 mi24, Aire Close, Immingham, North East Lincolnshire DN40 2DT2
£83K03/210.73 mi12, Aire Close, Immingham, North East Lincolnshire DN40 2DT2
£89K07/230.73 mi22a, Aire Close, Immingham, North East Lincolnshire DN40 2DT2
£199K03/230.73 mi6, Pilgrims Way, Immingham, North East Lincolnshire DN40 2HD2
£102.5K12/200.75 mi38, Steeping Drive, Immingham, North East Lincolnshire DN40 2DS2
£110.5K04/230.84 mi58, Ancholme Avenue, Immingham, North East Lincolnshire DN40 2DR2
£105K05/220.85 mi49, Ancholme Avenue, Immingham, North East Lincolnshire DN40 2DR2

Local Rents

12 rents from £550/mo to £950/mo, average is £713/mo.

RentDateDistanceAddressBeds 
£65012/240.01 miMuirfield Croft, Immingham2
£55001/250.04 mi-2
£80001/240.32 mi-3
£67512/240.33 miTalbot Road, Immingham3
£75012/240.38 miPrincess Street, Immingham, DN403
£95012/240.57 miShetland Way, Immingham, Lincolnshire, DN403
£55012/240.59 mi-3
£75012/240.7 miRoval Drive, Immingham3
£65005/240.87 mi-2
£75512/240.94 miBurton Road, Immingham, Lincolnshire, DN402
£79512/242.4 miPoachers Rise,Stallingborough3
£60012/242.4 miLeggott Way, Stallingborough, Grimsby, DN412

Local Area Statistics

Population in DN40

12,059

Population in Immingham

12,141

Town centre distance

0.45 miles away

Nearest school

0.10 miles away

Nearest train station

2.34 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Buyer's market

Capital growth (5yrs)

+28%

Property History

Price changed to £99,950

November 3, 2024

Price changed to £105,000

November 2, 2024

Listed for £110,000

February 7, 2024

Sold for £75,000

2020

Sold for £91,000

2007

Sold for £34,000

2002

Sold for £30,000

1998

Sold for £31,000

1997

Floor Plans

Description

  • Two bed mid terrace house +
  • Being sold with NO FORWARD CHAIN +
  • Off road parking +
  • Short drive to Immingham town centre +
  • Ideal investment or first time purchase +
  • Conservatory to the rear +
  • Gas central heating and uPVC double glazing throughout +
  • Energy performance rating C and Council tax band A +

Crofts Estate Agents are pleased to bring to the market and being sold with NO FORWARD CHAIN, this two bedroom mid terraced property which is located in the popular town of Immingham.
The property presents itself as a fantastic buy to let investment or first time purchase, with the home benefitting from open plan living to the rear, off road parking to the side and excellent road links.
The town itself is well served by a range of local amenities including post office, shops, pubs and leisure centre.
Internal viewing will reveal the lounge and open plan kitchen-conservatory.
To the first floor there are two good size bedrooms, both with fitted wardrobes and a modern bathroom suite.
Externally there are easy to maintain gardens to the front and rear with off road parking to the side.
Viewings are highly recommended!

Agent Details

Crofts Estate Agents, Immingham

01469 425230

Next Steps?

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