2 Bed Semi-Detached House, Refurb/BRRR, Immingham, DN40 1AR, £90,000

Hawthorn Avenue, Immingham, Lincolnshire, DN40 1AR - 1 views - 8 months ago

Auction
Refurb/BRRR
ROI: 5%
~69 m²
+8 photos

ValuationUndervalued

Sold Prices£50K - £185K
Sold Prices/m²£625/m² - £2.6K/m²

 

 

Square Metres

~68.80 m²
Price/m²£1.3K/m²

Value Estimate

£92,700
BMV3%

 

 

End Value (After Refurb)

£100,175

Uplift in Value

+11%

Investment Opportunity











Local Sold Prices

21 sold prices from £50K to £185K, average is £130K. £625/m² to £2.6K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£50K07/220.07 mi30, Kings Road, Immingham, North East Lincolnshire DN40 1AL2
£109K02/210.24 mi186, Pelham Road, Immingham, Humberside DN40 1QD2
£90K07/230.26 mi35, Manby Road, Immingham, North East Lincolnshire DN40 2LF2
£92K11/200.35 mi16, Sunningdale Drive, Immingham, North East Lincolnshire DN40 2LA2
£125K09/200.36 mi149, Woodlands Avenue, Immingham, North East Lincolnshire DN40 2LW2
£115K01/220.4 mi19, Muirfield Croft, Immingham, North East Lincolnshire DN40 2JZ2
£135K07/200.4 mi270, Pelham Road, Immingham, North East Lincolnshire DN40 1QE2
£142K01/210.4 mi246, Pelham Road, Immingham, North East Lincolnshire DN40 1QE2
£97K09/220.4 mi13, Muirfield Croft, Immingham, North East Lincolnshire DN40 2JZ2
£92K05/230.73 mi33, Margaret Street, Immingham, North East Lincolnshire DN40 1JZ2
£70K10/210.75 mi40, Margaret Street, Immingham, North East Lincolnshire DN40 1JY2
£145K01/230.77 mi6, Winslow Drive, Immingham, North East Lincolnshire DN40 2BQ2
£139K01/210.78 mi26, Thornton Place, Immingham, North East Lincolnshire DN40 1ND2
£185K05/230.79 mi2, Bradford Road, Immingham, North East Lincolnshire DN40 2BE2
£131K05/230.82 mi23, Ainsworth Road, Immingham, North East Lincolnshire DN40 2BJ2
£160K08/210.86 mi343, Pelham Road, Immingham, North East Lincolnshire DN40 1NF2
£140.9K12/200.86 mi331, Pelham Road, Immingham, North East Lincolnshire DN40 1NF2
£178K07/200.86 mi355a, Pelham Road, Immingham, North East Lincolnshire DN40 1NF2
£130K07/210.9 mi67, Clyfton Crescent, Immingham, North East Lincolnshire DN40 2BW2
£130K11/210.98 mi84, Bluestone Lane, Immingham, North East Lincolnshire DN40 2ER2
£130K01/210.99 mi6, Hamish Walk, Immingham, North East Lincolnshire DN40 1PP2













Local Area Statistics

Population in DN40

12,059

Population in Immingham

12,141

Town centre distance

0.84 miles away

Nearest school

0.40 miles away

Nearest train station

2.34 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Buyer's market

Capital growth (5yrs)

+28%

Property History

Listed for £90,000

May 23, 2024

Floor Plans

Description

  • For Sale by Modern Auction – T & C’s apply +
  • Subject to Reserve Price +
  • Buyers fees apply +
  • The Modern Method of Auction +
  • Potential to be transformed into 4 bedrooms +
  • Single reception room for entertaining guests +
  • Kitchen ready for creative flair +
  • Bathroom ready to be transformed into sanctuary +
  • Large front and rear garden +
  • Great investment opportunity in prime location +

Welcome to the market this semi-detached house, currently boasting 2 bedrooms but with a world of potential to be transformed back into a 3 bedroomed property. Perfect for those with a vision and a keen eye for renovation, this property is a canvas waiting for its masterpiece. The house is eager for a little TLC to help it reach its full potential.

The property comes with a single reception room, waiting to be the heart of your home, where you can entertain guests or enjoy peaceful evenings. The kitchen is ready for your creative flair, to be turned into a culinary hub that caters to your every gastronomic desire.

The house comes with one bathroom, ready to be transformed into a sanctuary of relaxation. With two bedrooms, the property provides ample sleeping space. The potential to increase this to three bedrooms presents a fantastic opportunity for a growing family or an investor looking to add to their portfolio.

Externally, the house benefits from a large front and rear garden, perfect for those who love the outdoors or have green fingers. Whether you see a playground, a tranquil garden, or a BBQ area, the space is yours to shape.

Situated in Council Tax Band A, the property is a great investment opportunity, positioned in a prime location close to many amenities and transport links. The house is waiting for the right buyer who can see beyond its current state and appreciate the incredible potential it holds. Become the author of this property's next chapter and bring your dream home to life.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

GRI230635/2

Agent Details

Reeds Rains, Grimsby

01472 404505

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.