3 Bed Terraced House, Single Let, Grimsby, DN32 9PA, £90,000

312 Convamore Road, Grimsby - 2 views - 9 months ago

BTL
ROI: 5%
88 m²
+10 photos

ValuationOvervalued

Sold Prices£57K - £265K
Sold Prices/m²£598/m² - £2.9K/m²

 

 

Square Metres

88 m²
Price/m²£1K/m²

Value Estimate

£79,200

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£515 - £1,970

Rent Estimate

£533

Running Costs/mo

£408

Cashflow/mo

£125

Cashflow/yr

£1,502

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £57K to £265K, average is £84.3K. £598/m² to £2.9K/m², average is £894/m².

PriceDateDistanceAddressBeds 
£67.5K07/230.07 mi319, Convamore Road, Grimsby, North East Lincolnshire DN32 9HZ3
£110K06/230.08 mi90, Granville Street, Grimsby, North East Lincolnshire DN32 9NU3
£86K02/210.08 mi136, Granville Street, Grimsby, North East Lincolnshire DN32 9NU3
£100K10/210.08 mi114, Granville Street, Grimsby, North East Lincolnshire DN32 9NU3
£80K04/230.09 mi222, Welholme Road, Grimsby, North East Lincolnshire DN32 9JB3
£82.8K02/230.09 mi131, Patrick Street, Grimsby, North East Lincolnshire DN32 9PQ3
£75K03/210.12 mi97, Patrick Street, Grimsby, North East Lincolnshire DN32 9PQ3
£73K09/210.15 mi317, Convamore Road, Grimsby, North East Lincolnshire DN32 9HY3
£58K12/200.15 mi81, David Street, Grimsby, North East Lincolnshire DN32 9NN3
£58K12/200.16 mi81, David Street, Grimsby, North East Lincolnshire DN32 9NN3
£115K04/210.17 mi67, Robert Pearson Mews, Grimsby, North East Lincolnshire DN32 9SJ3
£117K11/200.17 mi55, Robert Pearson Mews, Grimsby, North East Lincolnshire DN32 9SJ3
£137.5K01/230.19 mi299, Heneage Road, Grimsby, North East Lincolnshire DN32 9NW3
£86K02/230.19 mi302, Heneage Road, Grimsby, North East Lincolnshire DN32 9NW3
£265K09/230.2 mi47, Torrington Street, Grimsby, North East Lincolnshire DN32 9QJ3
£83K11/210.2 mi63, Torrington Street, Grimsby, North East Lincolnshire DN32 9QJ3
£61.5K11/200.2 mi168, Welholme Road, Grimsby, North East Lincolnshire DN32 9LP3
£82K07/230.2 mi20, Fairmont Road, Grimsby, North East Lincolnshire DN32 8DZ3
£61K11/200.22 mi4, Hare Street, Grimsby, North East Lincolnshire DN32 9LA3
£87K08/230.22 mi60, Hare Street, Grimsby, North East Lincolnshire DN32 9LA3
£83K09/210.22 mi326, Heneage Road, Grimsby, North East Lincolnshire DN32 9NJ3
£115K01/230.23 mi506, Weelsby Street, Grimsby, North East Lincolnshire DN32 8DN3
£65K07/230.24 mi246, Convamore Road, Grimsby, North East Lincolnshire DN32 9HX3
£57K01/230.24 mi39, Donnington Street, Grimsby, North East Lincolnshire DN32 9EN3
£95.5K05/230.24 mi255, Convamore Road, Grimsby, North East Lincolnshire DN32 9HU3
£75K11/210.24 mi21, Cooper Road, Grimsby, North East Lincolnshire DN32 8DF3
£88K08/230.24 mi29, Cooper Road, Grimsby, North East Lincolnshire DN32 8DF3
£90K02/230.24 mi34, Cooper Road, Grimsby, North East Lincolnshire DN32 8DF3
£61K04/210.24 mi49, Patrick Street, Grimsby, North East Lincolnshire DN32 9NT3
£102K11/200.25 mi4, Seamer Grove, Grimsby, North East Lincolnshire DN32 9TH3
£139.9K11/200.25 mi8, Seamer Grove, Grimsby, North East Lincolnshire DN32 9TH3
£77.5K12/200.26 mi448, Weelsby Street, Grimsby, North East Lincolnshire DN32 8DJ3
£81K01/230.26 mi480, Weelsby Street, Grimsby, North East Lincolnshire DN32 8DL3
£82K02/230.26 mi70, Durban Road, Grimsby, North East Lincolnshire DN32 8BD3
£104K11/210.27 mi25, David Street, Grimsby, North East Lincolnshire DN32 9NL3
£95K08/230.27 mi21, David Street, Grimsby, North East Lincolnshire DN32 9NL3
£90K05/230.27 mi10, David Street, Grimsby, North East Lincolnshire DN32 9NL3
£152K04/230.27 mi53, Beverley Crescent, Grimsby, North East Lincolnshire DN32 9TJ3
£165K07/230.27 mi81, Beverley Crescent, Grimsby, North East Lincolnshire DN32 9TJ3
£83K05/230.28 mi61, Columbia Road, Grimsby, North East Lincolnshire DN32 8EB3
£110K07/230.28 mi76, Columbia Road, Grimsby, North East Lincolnshire DN32 8EB3
£65K07/230.28 mi92, Sixhills Street, Grimsby, North East Lincolnshire DN32 9HT3
£76.8K12/200.29 mi11, Torrington Street, Grimsby, North East Lincolnshire DN32 9QH3
£65K03/230.29 mi67, Sixhills Street, Grimsby, North East Lincolnshire DN32 9HS3
£73K02/230.29 mi65, Sixhills Street, Grimsby, North East Lincolnshire DN32 9HS3
£100K03/230.29 mi59, Fairmont Road, Grimsby, North East Lincolnshire DN32 8DY3
£72K06/230.31 mi5, Ladysmith Road, Grimsby, North East Lincolnshire DN32 9EF3
£136K02/230.31 mi397, Heneage Road, Grimsby, North East Lincolnshire DN32 9NQ3
£85.5K01/210.32 mi113, Humberstone Road, Grimsby, North East Lincolnshire DN32 8DR3
£88K03/230.32 mi112, Humberstone Road, Grimsby, North East Lincolnshire DN32 8DR3

Local Rents

51 rents from £515/mo to £2K/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£60012/230.08 mi-3
£60004/250.1 mi-3
£63005/240.1 mi-3
£63005/240.1 mi-3
£59511/240.11 mi-3
£51503/240.12 miPatrick Street, Grimsby, North East Lincolnshire, DN323
£51503/240.12 miPatrick Street, Grimsby, North East Lincolnshire, DN323
£62504/240.12 mi-3
£62501/240.14 mi-3
£67512/240.14 mi-3
£67504/250.16 mi-3
£55003/240.16 miDavid Street, Grimsby3
£1,97003/250.16 mi-3
£1,97003/250.16 mi-3
£62512/240.17 mi-3
£65011/240.17 mi-3
£55003/240.17 miHeneage Road,Grimsby3
£75003/240.17 miRobert Pearson Mews,Grimsby3
£62505/240.18 mi-3
£55007/230.19 mi-3
£65004/240.19 miGranville Street, Grimsby, Lincolnshire, DN323
£70007/240.2 mi-3
£65004/240.21 mi-3
£65010/240.23 mi-3
£60004/240.24 miPatrick Street, Grimsby3
£55003/240.24 miDonnington Street, Grimsby, Grimsby3
£65004/240.24 miPatrick Street, Grimsby, South Humberside, DN323
£53503/240.24 miConvamore Road, Grimsby!3
£57504/240.24 miConvamore Road, Grimsby, North East Lincolnshire, DN323
£62505/240.25 mi-3
£65004/240.26 miDurban Road, Grimsby, DN323
£53001/240.26 mi-3
£60004/240.26 miDurban Road, Grimsby3
£59503/240.27 miDavid Street, Grimsby3
£69503/250.28 mi-3
£69503/250.29 mi-3
£75012/230.3 mi-3
£75005/240.3 mi-3
£75003/250.3 mi-3
£55003/240.32 miWelholme Road, Grimsby, DN32 9LW3
£62504/240.33 miDurban Road, Grimsby3
£72503/240.33 miDurban Road, Grimsby, DN323
£72504/240.33 miDurban Road, Grimsby, DN323
£65003/240.33 miWeelsby Street, Grimsby3
£57503/240.33 miDurban Road, Grimsby, DN323
£67507/240.33 mi-3
£55003/240.33 miWillingham Street, Grimsby3
£55003/240.33 miWillingham Road3
£67503/250.34 mi-3
£60004/250.35 mi-3
£59510/230.36 mi-3

Local Area Statistics

Population in DN32

29,050

Population in Grimsby

124,581

Town centre distance

1.02 miles away

Nearest school

0.10 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Price changed to £90,000

November 1, 2024

Listed for £96,950

July 27, 2024

Floor Plans

Description

  • Beautiful terraced house +
  • Spacious accommodation +
  • Modern kitchen & bathroom +
  • Three double bedrooms +
  • Two well presented reception rooms +
  • Landscaped garden +
  • uPVC double glazing & gas central heating +

Presenting this immaculately conditioned Terraced property, currently listed for sale. This remarkable residence is ideally suited to families, first-time buyers, and investors. Boasting three double bedrooms, a modern bathroom, two spacious reception rooms, and a contemporary kitchen, this property is the epitome of modern living. Upon entering the property, you are greeted by a spacious entrance hall, complete with a tiled floor and stairs leading to the first floor. The entrance hall provides an inviting introduction to this beautifully presented home. The three bedrooms are all of a generous double size, offering ample space for furnishings and storage. Each room is tastefully decorated and benefits from uPVC double glazing and gas central heating, ensuring a warm and cosy environment throughout the colder months. The bathroom is modern and well-equipped, featuring a shower over the bath and a WC and sink with vanity units. The stylish fixtures and fittings create a sleek and contemporary aesthetic, whilst the uPVC double glazing ensures privacy and warmth. The property boasts two spacious reception rooms. The first is a large lounge featuring dual aspect windows, allowing for an abundance of natural light to fill the room. The second is a formal dining room, complete with laminate flooring and a charming bay window. These rooms offer the perfect setting for both relaxing and entertaining. The kitchen is designed with modern wood-effect units, a 1 & 1/4 sink with drainer, and an oven and hob. It also has plumbing for a washer and dual aspect windows. The wood-effect units add a touch of elegance to the room, whilst the dual aspect windows provide plenty of natural light. A unique feature is the beautifully landscaped rear garden with lawn and raised timber decking, it's also benefits from a private rear aspect! The property's location boasts various advantages such as excellent public transport links, easy access to local amenities and the town centre. Whether you're a family needing schools and parks, a first-time buyer looking for convenience, or an investor seeking a high-demand location, this property ticks all the boxes.

In summary, this stunning terraced property, with its immaculate condition, luxury features, and prime location, is a fantastic investment for anyone seeking a spacious, modern, and convenient place to call home. EPC rating: E. Tenure: Freehold,

Agent Details

Lovelle, Grimsby

01472 404571

Next Steps?

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