4 Bed Detached House, Single Let, Grimsby, DN36 5UP, £325,000

TUDOR COTTAGE Lock Road, Grimsby, Lincolnshire, DN36 5UP - 1 views - 10 months ago

BTL

128 m²

+28 photos

ValuationOvervalued

Sold Prices	£212.5K - £490K
Sold Prices/m²	£1.5K/m² - £3K/m²

Square Metres	128 m²
Price/m²	£2.5K/m²
Value Estimate	£263,517£263,517

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£14,700£14,700
Total Cash In	£95,950£95,950

Cash Out
Rent Range	£525 - £2,500£525 - £2,500
Rent Estimate	£775
Running Costs/mo	£1,191£1,191
Cashflow/mo	£-416£-416
Cashflow/yr	£-4,987£-4,987
Gross Yield	3%3%

Local Sold Prices

19 sold prices from £212.5K to £490K, average is £310K. £1.5K/m² to £3K/m², average is £2.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£370K	02/21	0.35 mi	14, Fleetway, North Cotes, Grimsby, Lincolnshire DN36 5UT	£2,423	153	4	Detached House
£376K	01/21	0.35 mi	Hillcrest, Fleetway, North Cotes, Grimsby, Lincolnshire DN36 5UT	-	-	4	Detached House
£300K	09/21	1.03 mi	Bakehouse Cottage, Hallgarth, Marshchapel, Grimsby, Lincolnshire DN36 5TQ	£1,887	159	4	Terraced House
£305K	03/21	1.12 mi	Tudor House, Littlefield Lane, Marshchapel, Grimsby, Lincolnshire DN36 5TJ	£1,548	197	4	Detached House
£358K	02/21	1.16 mi	Cherry Grove, Sea Dyke Way, Marshchapel, Grimsby, Lincolnshire DN36 5SX	£1,956	183	4	Detached House
£490K	12/20	1.16 mi	The Elms, Sea Dyke Way, Marshchapel, Grimsby, Lincolnshire DN36 5SX	£2,248	218	4	Detached House
£230K	05/21	1.27 mi	12, Swaby Close, Marshchapel, Grimsby, Lincolnshire DN36 5SA	£1,855	124	4	Detached House
£340K	06/23	1.42 mi	166, Seawall Lane, North Cotes, Grimsby, Lincolnshire DN36 5XE	£2,099	162	4	Detached House
£285K	03/21	1.42 mi	393, Seawall Lane, North Cotes, Grimsby, Lincolnshire DN36 5XE	£2,065	138	4	Detached House
£290K	12/22	1.9 mi	Lindridge House, Church Lane, Tetney, Grimsby, Lincolnshire DN36 5JX	£1,727	168	4	Detached House
£450K	07/23	2.14 mi	3, Todds Close, Tetney, Grimsby, Lincolnshire DN36 5LD	-	-	4	Detached House
£212.5K	02/21	2.15 mi	8, St Johns Gate, Tetney, Grimsby, Lincolnshire DN36 5PH	£2,104	101	4	Detached House
£265K	11/21	2.38 mi	18, Inghams Road, Tetney, Grimsby, Lincolnshire DN36 5LW	£3,001	88	4	Detached House
£245K	11/20	2.38 mi	18, Inghams Road, Tetney, Grimsby, Lincolnshire DN36 5LW	£2,775	88	4	Detached House
£400K	02/23	2.45 mi	Tintagel Cottage, Holton Road, Tetney, Grimsby, Lincolnshire DN36 5LR	£1,896	211	4	Detached House
£310K	06/21	2.66 mi	19, Casswell Crescent, Fulstow, Louth, Lincolnshire LN11 0XJ	£2,864	108	4	Detached House
£320K	03/23	2.66 mi	17, Casswell Crescent, Fulstow, Louth, Lincolnshire LN11 0XJ	-	-	4	Detached House
£390K	01/21	2.68 mi	Kingfisher Lodge, Northway, Fulstow, Louth, Lincolnshire LN11 0XH	£1,970	198	4	Detached House
£275K	11/20	2.68 mi	The Orchards, Northway, Fulstow, Louth, Lincolnshire LN11 0XH	£2,052	134	4	Detached House

Local Rents

6 rents from £525/mo to £2.5K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£525	03/24	0.77 mi	Sea Dyke Way, Marshchapel, DN36 5TF	2	Semi-Detached House
£2,300	04/24	2.16 mi	The Barn, Thoresby Road, Tetney	6	Detached House
£2,500	03/24	2.18 mi	Thoresby Road, Tetney, DN36	5	Detached House
£1,200	04/24	2.22 mi	Humberston Road, Tetney, Grimsby	1	Bungalow
£1,200	04/24	2.26 mi	Town Road, Tetney	4	Semi-Detached House
£925	03/24	2.43 mi	Hedges Drive, Humberston, Grimsby, DN36	3	Semi-Detached House

Local Area Statistics

Population in DN36	19,16419,164
Population in Grimsby	124,581124,581
Town centre distance	7.04 miles away7.04 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	5.69 miles away5.69 miles away

Rental growth (12m)	-31%-31%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+14%+14%

Property History

Listed for £325,000

June 12, 2024

Sold for £185,000

2003

Floor Plans

Description

Video Viewing Available +
Flexible Accommodation +
4 Bedroomed Dormer Styled House +
0.38 Acre Plot +
Picturesque Spot Enjoying Field Views +
Next Door to St Nicholas Church +
16 Solar Panels +
Oil Central Heating System +

Nestled in the charming village of North Coates, this stunning detached house offers a perfect blend of contemporary living and countryside charm. Boasting three spacious bedrooms, this property is ideal for families looking for a peaceful retreat.

The house features a beautifully landscaped garden, perfect for outdoor entertaining or simply enjoying a quiet moment in nature. With off-street parking and a garage, convenience is key in this property.

Inside, the house is elegantly designed with beautiful finishes and ample natural light flooding through the large windows. The open-plan living area creates a sense of space and connectivity, perfect for hosting gatherings or relaxing evenings at home.

Don't miss out on the opportunity to make this beautiful house your new home in the heart of North Cotes. Schedule a viewing today to experience the beauty and tranquillity this property has to offer.

Agent Details

Jackson Green & Preston, Grimsby

01472 404357

Next Steps?

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

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