3 Bed Terraced House, Single Let, Grimsby, DN34 5RY, £80,000

15 ST. MICHAELS ROAD, GRIMSBY DN34 5RY - a year ago

Sold STC
BTL
ROI: 9%
77 m²
+6 photos

ValuationUndervalued

Sold Prices£65K - £310K
Sold Prices/m²£783/m² - £3.1K/m²

 

 

Square Metres

77 m²
Price/m²£1K/m²

Value Estimate

£97,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£525 - £995

Rent Estimate

£580

Running Costs/mo

£386

Cashflow/mo

£194

Cashflow/yr

£2,328

ROI

9%

Gross Yield

9%

Local Sold Prices

50 sold prices from £65K to £310K, average is £125K. £783/m² to £3.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£105K10/200.05 mi1, Newbury Grove, Grimsby, Humberside DN34 5SG3
£85K11/210.07 mi33, Clarendon Road, Grimsby, North East Lincolnshire DN34 5SE3
£78K11/210.07 mi19, Clarendon Road, Grimsby, North East Lincolnshire DN34 5SE3
£80K01/210.07 mi49, Clarendon Road, Grimsby, North East Lincolnshire DN34 5SE3
£75K12/200.07 mi10, Wroxham Avenue, Grimsby, North East Lincolnshire DN34 5SF3
£128K12/200.08 mi6, Longfield Road, Grimsby, North East Lincolnshire DN34 5SB3
£116K09/210.09 mi209, Little Coates Road, Grimsby, North East Lincolnshire DN34 5TP3
£65K10/210.09 mi72, Wroxham Avenue, Grimsby, North East Lincolnshire DN34 5SQ3
£100K10/200.09 mi150, Little Coates Road, Grimsby, North East Lincolnshire DN34 5SX3
£69K12/200.12 mi9, Selbourne Road, Grimsby, North East Lincolnshire DN34 5SD3
£107K01/210.13 mi19, Brocklesby Road, Grimsby, North East Lincolnshire DN34 5NF3
£120K10/200.14 mi27, Winchcombe Avenue, Grimsby, North East Lincolnshire DN34 5PR3
£100K06/230.14 mi4, Winchcombe Avenue, Grimsby, North East Lincolnshire DN34 5PR3
£125K05/230.15 mi85, St Ives Crescent, Grimsby, North East Lincolnshire DN34 5SJ3
£84.5K05/210.17 mi20, Welbeck Road, Grimsby, North East Lincolnshire DN34 5NJ3
£110K03/210.17 mi24, Welbeck Road, Grimsby, North East Lincolnshire DN34 5NJ3
£135K02/230.17 mi20, Sherwood Road, Grimsby, North East Lincolnshire DN34 5TN3
£112K12/200.17 mi432, Laceby Road, Grimsby, North East Lincolnshire DN34 5ND3
£183K04/230.17 mi442, Laceby Road, Grimsby, North East Lincolnshire DN34 5ND3
£100K07/230.18 mi34, Pershore Avenue, Grimsby, North East Lincolnshire DN34 5PU3
£210K01/230.19 mi108, Little Coates Road, Grimsby, North East Lincolnshire DN34 5SY3
£101K11/200.21 mi27, Broadway, Grimsby, North East Lincolnshire DN34 5RW3
£127K06/210.21 mi116, Little Coates Road, Grimsby, North East Lincolnshire DN34 5SY3
£135K05/210.21 mi118, Little Coates Road, Grimsby, North East Lincolnshire DN34 5SY3
£125K09/210.22 mi120, Pershore Avenue, Grimsby, North East Lincolnshire DN34 5QA3
£106K02/210.22 mi128, Pershore Avenue, Grimsby, North East Lincolnshire DN34 5QA3
£130K11/200.23 mi491, Laceby Road, Grimsby, North East Lincolnshire DN34 5PA3
£136.5K06/230.23 mi94, Broadway, Grimsby, North East Lincolnshire DN34 5RP3
£120K07/210.23 mi173, Pershore Avenue, Grimsby, North East Lincolnshire DN34 5PZ3
£137.5K04/230.23 mi179, Pershore Avenue, Grimsby, North East Lincolnshire DN34 5PZ3
£310K04/210.24 mi27, Bradley Road, Grimsby, North East Lincolnshire DN33 1QN3
£127.5K10/200.25 mi6, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PJ3
£135K09/210.25 mi40, Broadway, Grimsby, North East Lincolnshire DN34 5RN3
£140K06/230.25 mi70, Broadway, Grimsby, North East Lincolnshire DN34 5RN3
£150K09/230.25 mi48, Broadway, Grimsby, North East Lincolnshire DN34 5RN3
£92K02/210.26 mi6, Willoughby Grove, Grimsby, North East Lincolnshire DN34 5JS3
£95K01/230.26 mi7, Willoughby Grove, Grimsby, North East Lincolnshire DN34 5JS3
£210K03/210.26 mi24, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ3
£195K03/210.26 mi13, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ3
£135K03/230.28 mi384, Laceby Road, Grimsby, North East Lincolnshire DN34 5LX3
£180K10/220.28 mi14, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ3
£165K10/220.28 mi511, Laceby Road, Grimsby, North East Lincolnshire DN34 5PB3
£87K10/200.29 mi58, Sherwood Road, Grimsby, North East Lincolnshire DN34 5TJ3
£115K08/210.3 mi63, Crowland Avenue, Grimsby, North East Lincolnshire DN34 5JT3
£169K03/210.31 mi231, Broadway, Grimsby, North East Lincolnshire DN34 5QX3
£180K08/220.33 mi234, Broadway, Grimsby, North East Lincolnshire DN34 5QT3
£165K12/220.34 mi1, Tattershall Avenue, Grimsby, North East Lincolnshire DN34 5JL3
£135K03/210.34 mi60, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PQ3
£82K01/230.34 mi153, Sherwood Road, Grimsby, North East Lincolnshire DN34 5TQ3
£132.5K08/230.36 mi8, Orion Way, Grimsby, North East Lincolnshire DN34 5UA3

Local Rents

43 rents from £525/mo to £995/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£72503/240.07 miClarendon Road, Grimsby, DN343
£72504/240.08 miWroxham Avenue, Grimsby, DN343
£72504/240.08 mi-3
£68502/250.11 mi-3
£68003/250.11 mi-3
£79503/240.48 mi-3
£89503/240.59 miStainton Drive, Grimsby, Lincolnshire, DN333
£70004/240.68 miToothill Gardens, Grimsby, North East Lincs, DN34 3
£67507/230.7 mi-3
£65011/230.71 mi-3
£67502/250.71 mi-3
£72508/240.72 mi-3
£60012/230.72 mi-3
£69502/250.72 mi-3
£69503/240.72 mi-3
£75008/240.78 mi-3
£99502/250.79 mi-3
£79510/240.83 mi-3
£72503/240.88 miSanctuary Way, Grimsby, DN373
£85003/240.9 miEsther Way, Scartho Top3
£69503/240.91 miAshtree Avenue, Grimsby3
£89512/240.91 miSt. Nicholas Drive, Wybers Wood, Grimsby, DN373
£82503/240.94 miSilver Birch Place, Grimsby, DN343
£67007/230.99 mi-3
£92502/251.05 mi-3
£62505/241.06 miC3
£85012/241.07 miDefender Drive, Grimsby, Lincolnshire, DN373
£75003/241.08 miBelgrave Road, Scartho, Grimsby, DN333
£65003/241.13 mi-3
£92511/241.15 mi-3
£60005/241.16 mi-3
£62505/241.16 miSpring Bank, Grimsby3
£62503/241.16 miWingate Road, Grimsby, Lincolnshire, DN373
£59007/231.17 mi-3
£55003/241.17 miSecond Avenue, Grimsby3
£62510/241.18 mi-3
£62505/241.18 miSpring Bank, Grimsby, DN343
£52503/241.19 miSecond Avenue, Grimsby3
£69511/231.2 mi-3
£63503/241.21 miTyler Avenue, Grimsby3
£65003/241.21 miRoseveare Avenue, Grimsby3
£82503/241.23 miGill Court, Scartho Top, Grimsby, DN333
£64007/231.24 mi-3

Local Area Statistics

Population in DN34

19,205

Population in Grimsby

124,581

Town centre distance

1.33 miles away

Nearest school

0.20 miles away

Nearest train station

1.60 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £80,000

May 2, 2024

Floor Plans

Description

  • VIDEO VIEWING AVAILABLE +
  • 3 Bedroom Terrace House +
  • Available With NO "CHAIN" +
  • Potential For Off-Road Parking +
  • First Floor Wet Room +
  • Private Rear Garden +
  • 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 in close proximity to Morrisons supermarket and other local amenities.
This well planned accommodation briefly comprises of entrance hallway, living room, dining room and kitchen on the ground floor, whilst the first floor accommodates the three bedrooms and the wet room.
Externally the property is situated with front and rear gardens with the front being low maintenance and surrounded by dwarf brick walling, whilst the rear garden is a mixture of lawn and paving, being surrounded on all sides by brick walling.
The property benefits from uPVC double glazing throughout and a gas central heating system.
Available to the market with NO "CHAIN" this is an excellent opportunity for any first time buyer or could equally be of interest to a buy to let investor looking to add their portfolio. Viewing is highly recommended for this excellent opportunity.

Agent Details

Jackson Green and Preston, Grimsby

01472 404357

Next Steps?

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