4 Bed Bungalow, Refurb/BRRR, Grimsby, DN36 5ED, £224,999





ValuationFair Value
Sold Prices | £152.5K - £795K |
Sold Prices/m² | £1.5K/m² - £3.9K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £1.7K/m² |
Value Estimate | £224,999£224,999 |
| |
End Value (After Refurb) | £291,812£291,812 |
Uplift in Value | +30%+30% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £56,250£56,250 |
Stamp Duty & Legal Fees | £7,950£7,950 |
Refurb Costs | £52,271£52,271 |
Bridging Loan Interest | £5,906£5,906 |
Total Cash In | £124,127£124,127 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £291,812£291,812 |
Mortgage (After Refinance) | £218,859£218,859 |
Mortgage LTV | 75%75% |
Cash Released | £50,110£50,110 |
Cash Left In | £74,017£74,017 |
Equity | £72,953£72,953 |
Rent Range | £550 - £2,500£550 - £2,500 |
Rent Estimate | £1,044 |
Running Costs/mo | £1,141£1,141 |
Cashflow/mo | £-97£-97 |
Cashflow/yr | £-1,161£-1,161 |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £152.5K to £795K, average is £275K. £1.5K/m² to £3.9K/m², average is £2.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£269.9K | 04/23 | 0.19 mi | 1, Fenwick Court, Holton Le Clay, Grimsby, Lincolnshire DN36 5DG | - | - | 4 | Detached House | |
£294K | 06/23 | 0.19 mi | 11, Fenwick Court, Holton Le Clay, Grimsby, Lincolnshire DN36 5DG | - | - | 4 | Detached House | |
£270K | 09/23 | 0.22 mi | 101, Picksley Crescent, Holton Le Clay, Grimsby, Lincolnshire DN36 5YF | £2,455 | 110 | 4 | Detached House | |
£245K | 11/23 | 0.22 mi | 56, Picksley Crescent, Holton Le Clay, Grimsby, Lincolnshire DN36 5YE | £1,842 | 133 | 4 | Detached House | |
£284K | 04/21 | 0.22 mi | 84, Picksley Crescent, Holton Le Clay, Grimsby, Lincolnshire DN36 5YE | - | - | 4 | Terraced House | |
£250K | 08/23 | 0.26 mi | 3, Osbourne Drive, Holton Le Clay, Grimsby, Lincolnshire DN36 5DP | - | - | 4 | Detached House | |
£249K | 03/21 | 0.27 mi | 9, Eastfield Rise, Holton Le Clay, Grimsby, Lincolnshire DN36 5AJ | £3,166 | 79 | 4 | Detached House | |
£343K | 11/20 | 0.32 mi | 11, Tetney Lane, Holton Le Clay, Grimsby, Lincolnshire DN36 5AP | £2,272 | 151 | 4 | Detached House | |
£180K | 08/21 | 0.34 mi | 11, Riby Court, Holton Le Clay, Grimsby, Lincolnshire DN36 5BT | £2,432 | 74 | 4 | Semi-Detached House | |
£400K | 12/22 | 0.48 mi | 23, Cambrian Way, Holton Le Clay, Grimsby, Lincolnshire DN36 5DE | - | - | 4 | Detached House | |
£215K | 08/21 | 0.54 mi | 8, Whisby Court, Holton Le Clay, Grimsby, Lincolnshire DN36 5BG | £1,870 | 115 | 4 | Semi-Detached House | |
£295K | 12/22 | 0.54 mi | 181, Louth Road, Holton Le Clay, Grimsby, Lincolnshire DN36 5AE | £1,941 | 152 | 4 | Detached House | |
£290K | 08/21 | 0.55 mi | 42, Edinburgh Drive, Holton Le Clay, Grimsby, Lincolnshire DN36 5DF | - | - | 4 | Detached House | |
£152.5K | 12/22 | 0.56 mi | 4, Evendine Court, Holton Le Clay, Grimsby, Lincolnshire DN36 5BB | - | - | 4 | Detached House | |
£327K | 09/21 | 0.63 mi | 81, Tetney Lane, Holton Le Clay, Grimsby, Lincolnshire DN36 5AU | £2,370 | 138 | 4 | Detached House | |
£405K | 08/23 | 0.63 mi | 200, Louth Road, Holton Le Clay, Grimsby, Lincolnshire DN36 5AF | £2,852 | 142 | 4 | Detached House | |
£202K | 04/21 | 0.73 mi | 1, Spitfire Lane, Holton Le Clay, Grimsby, Lincolnshire DN36 5FP | - | - | 4 | Semi-Detached House | |
£373K | 08/21 | 0.97 mi | Hawthorne House, Cheapside, Waltham, Grimsby, North East Lincolnshire DN37 0HX | - | - | 4 | Detached House | |
£335K | 11/22 | 1.25 mi | 44, Station Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4QT | - | - | 4 | Detached House | |
£530K | 03/21 | 1.32 mi | 3, The Drive, Waltham, Grimsby, North East Lincolnshire DN37 0FB | £2,341 | 226 | 4 | Detached House | |
£795K | 06/23 | 1.32 mi | 28, Ings Lane, Waltham, Grimsby, North East Lincolnshire DN37 0HB | £2,849 | 279 | 4 | Detached House | |
£417.5K | 11/20 | 1.38 mi | 49, Ings Lane, Waltham, Grimsby, North East Lincolnshire DN37 0EY | £1,942 | 215 | 4 | Detached House | |
£250K | 10/21 | 1.47 mi | 2, Cardiff Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4QD | £1,773 | 141 | 4 | Detached House | |
£435K | 05/21 | 1.48 mi | 1, Simpsons Fold Court, New Waltham, Grimsby, North East Lincolnshire DN36 4NY | £2,037 | 214 | 4 | Detached House | |
£280K | 11/22 | 1.49 mi | 19, Cardiff Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4QD | - | - | 4 | Detached House | |
£317.5K | 04/23 | 1.5 mi | 20, Conisborough Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4PZ | £2,197 | 145 | 4 | Detached House | |
£275K | 03/21 | 1.51 mi | 2, Dursley Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4QA | £2,254 | 122 | 4 | Detached House | |
£400K | 02/23 | 1.57 mi | Tintagel Cottage, Holton Road, Tetney, Grimsby, Lincolnshire DN36 5LR | £1,896 | 211 | 4 | Detached House | |
£220K | 01/23 | 1.58 mi | 42, Greenlands Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4YE | £2,268 | 97 | 4 | Semi-Detached House | |
£610K | 09/23 | 1.59 mi | 31b, Humberston Avenue, Humberston, Grimsby, North East Lincolnshire DN36 4SW | £2,400 | 254 | 4 | Detached House | |
£525K | 06/21 | 1.63 mi | 3, Abbotts Grange, Humberston, Grimsby, North East Lincolnshire DN36 4TD | £2,461 | 213 | 4 | Detached House | |
£280K | 06/21 | 1.63 mi | 14, Garrick Lane, New Waltham, Grimsby, North East Lincolnshire DN36 4WD | - | - | 4 | Detached House | |
£265K | 11/21 | 1.64 mi | 18, Inghams Road, Tetney, Grimsby, Lincolnshire DN36 5LW | £3,001 | 88 | 4 | Detached House | |
£245K | 11/20 | 1.64 mi | 18, Inghams Road, Tetney, Grimsby, Lincolnshire DN36 5LW | £2,775 | 88 | 4 | Detached House | |
£190K | 02/21 | 1.64 mi | 12, Mill View, Waltham, Grimsby, North East Lincolnshire DN37 0HJ | - | - | 4 | Semi-Detached House | |
£245K | 09/23 | 1.64 mi | 20, Mill View, Waltham, Grimsby, North East Lincolnshire DN37 0HJ | £2,227 | 110 | 4 | Semi-Detached House | |
£275K | 09/21 | 1.65 mi | 6, Martin Way, New Waltham, Grimsby, North East Lincolnshire DN36 4WN | £2,115 | 130 | 4 | Detached House | |
£200K | 04/21 | 1.65 mi | 2, Martin Way, New Waltham, Grimsby, North East Lincolnshire DN36 4WN | £1,739 | 115 | 4 | Detached House | |
£265K | 02/23 | 1.67 mi | 30, Church Lane, Waltham, Grimsby, North East Lincolnshire DN37 0ES | £2,227 | 119 | 4 | Semi-Detached House | |
£238.8K | 03/21 | 1.68 mi | 34, Tintagel Way, New Waltham, Grimsby, North East Lincolnshire DN36 4GT | £2,274 | 105 | 4 | Detached House | |
£271K | 11/20 | 1.69 mi | 1, Albery Way, New Waltham, Grimsby, North East Lincolnshire DN36 4WF | £2,316 | 117 | 4 | Detached House | |
£265K | 06/21 | 1.69 mi | 11, Albery Way, New Waltham, Grimsby, North East Lincolnshire DN36 4WF | - | - | 4 | Detached House | |
£240K | 08/21 | 1.72 mi | 8, Mellor Way, New Waltham, Grimsby, North East Lincolnshire DN36 4GW | £3,943 | 61 | 4 | Detached House | |
£195K | 06/21 | 1.73 mi | 14, Peterson Drive, New Waltham, Grimsby, North East Lincolnshire DN36 4LF | £1,548 | 126 | 4 | Semi-Detached House | |
£196K | 08/21 | 1.73 mi | 66, Danesfield Avenue, Waltham, Grimsby, North East Lincolnshire DN37 0QB | £2,202 | 89 | 4 | Semi-Detached House | |
£337.5K | 12/22 | 1.76 mi | 12, St Clements Way, New Waltham, Grimsby, North East Lincolnshire DN36 4GU | - | - | 4 | Detached House | |
£300K | 12/20 | 1.77 mi | 6, Huntsmans Chase, New Waltham, Grimsby, North East Lincolnshire DN36 4WS | £2,143 | 140 | 4 | Detached House | |
£275K | 08/21 | 1.8 mi | 8, Tamar Drive, New Waltham, Grimsby, North East Lincolnshire DN36 4YU | - | - | 4 | Detached House | |
£315K | 03/21 | 1.81 mi | 48, Brigsley Road, Waltham, Grimsby, North East Lincolnshire DN37 0JY | £2,158 | 146 | 4 | Detached House | |
£380K | 08/23 | 1.82 mi | 137, Humberston Avenue, Humberston, Grimsby, North East Lincolnshire DN36 4ST | £2,360 | 161 | 4 | Detached House |
Local Rents
50 rents from £550/mo to £2.5K/mo, average is £895/mo.
Rent | Date | Distance | Address | Beds | Type | |
£555 | 05/24 | 0.11 mi | - | 2 | Flat | |
£595 | 04/24 | 0.11 mi | Beverley Close, Holton-Le-Clay, Grimsby, DN36 | 2 | Flat | |
£550 | 11/23 | 0.11 mi | - | 2 | Flat | |
£1,600 | 04/24 | 0.13 mi | Louth Road, Holton-le-Clay, Grimsby, Lincolnshire, DN36 | 5 | Detached House | |
£875 | 04/24 | 0.19 mi | Campions Close, Holton-le-Clay, Grimsby, Lincolnshire, DN36 | 2 | Bungalow | |
£925 | 05/24 | 0.27 mi | Church Close, Holton Le Clay, DN36 | 3 | Terraced House | |
£850 | 03/24 | 0.41 mi | Newstead Avenue, Holton Le Clay, Grimsby | 3 | Semi-Detached House | |
£850 | 04/24 | 0.41 mi | Newstead Avenue, Holton Le Clay, Grimsby | 3 | Semi-Detached House | |
£725 | 10/23 | 0.47 mi | - | 3 | Semi-Detached House | |
£2,400 | 03/24 | 1.3 mi | The Maples, Humberston, DN36 | 4 | Detached House | |
£825 | 02/24 | 1.32 mi | - | 3 | Semi-Detached House | |
£895 | 03/25 | 1.32 mi | - | 3 | Semi-Detached House | |
£995 | 04/24 | 1.34 mi | Wellington Avenue, New Waltham | 3 | Semi-Detached House | |
£885 | 04/24 | 1.36 mi | Station Avenue, New Waltham, Lincolnshire, DN36 | 3 | Bungalow | |
£1,000 | 08/24 | 1.38 mi | - | 3 | Semi-Detached House | |
£925 | 03/24 | 1.4 mi | Green Lane, Humberston, GRIMSBY | 3 | House | |
£675 | 09/24 | 1.45 mi | - | 2 | Terraced House | |
£750 | 03/24 | 1.48 mi | Holton Road, Tetney, DN36 5LN | 2 | Detached House | |
£1,200 | 03/24 | 1.5 mi | Parklands Avenue, Humberston | 4 | Detached House | |
£995 | 03/24 | 1.51 mi | Aldwych Croft, New Waltham | 4 | Detached House | |
£1,250 | 03/24 | 1.57 mi | Kemeshame Court, Waltham, Grimsby, DN37 | 3 | Detached House | |
£1,083 | 01/25 | 1.57 mi | - | 5 | Semi-Detached House | |
£895 | 03/24 | 1.58 mi | Parklands Avenue, Humberston, Grimsby, Lincolnshire, DN36 | 3 | Semi-Detached House | |
£800 | 08/23 | 1.59 mi | - | 1 | Flat | |
£925 | 03/24 | 1.59 mi | Hedges Drive, Humberston, Grimsby, DN36 | 3 | Semi-Detached House | |
£925 | 03/24 | 1.6 mi | Becklands Avenue, New Waltham, Grimsby | 3 | Flat | |
£1,400 | 04/24 | 1.63 mi | Garrick Lane, New Waltham, DN36 | 5 | Detached House | |
£1,200 | 03/24 | 1.67 mi | Bygott Walk, New Waltham, Grimsby, DN36 | 4 | Semi-Detached House | |
£895 | 03/24 | 1.7 mi | Harvey Walk, New Waltham, DN36 | 3 | Semi-Detached House | |
£895 | 04/24 | 1.7 mi | - | 3 | Semi-Detached House | |
£700 | 07/23 | 1.71 mi | - | 2 | Terraced House | |
£715 | 09/24 | 1.71 mi | - | 2 | Terraced House | |
£995 | 03/24 | 1.72 mi | Peterson Drive, New Waltham | 4 | Flat | |
£670 | 03/24 | 1.73 mi | Colonsay Court, New Waltham, N E Lincolnshire, DN36 | 2 | Terraced House | |
£895 | 05/24 | 1.73 mi | Peterson Drive, Grimsby, DN36 | 3 | Terraced House | |
£875 | 08/24 | 1.73 mi | - | 3 | Terraced House | |
£600 | 03/24 | 1.75 mi | Grimsby Road, Waltham, Grimsby, Lincolnshire, DN37 | 1 | Terraced House | |
£670 | 03/24 | 1.76 mi | St Clements Way, New Waltham, Grimsby, DN36 | 2 | Flat | |
£650 | 04/24 | 1.76 mi | St Clements Way, New Waltham, Grimsby, North East Lincolnshire, DN36 | 2 | Terraced House | |
£1,200 | 04/24 | 1.8 mi | Humberston Road, Tetney, Grimsby | 1 | Bungalow | |
£895 | 09/23 | 1.8 mi | - | 3 | Terraced House | |
£1,200 | 04/24 | 1.82 mi | Town Road, Tetney | 4 | Semi-Detached House | |
£750 | 03/24 | 1.85 mi | Amethyst Court, New Waltham, Grimsby, Lincolnshire, DN36 | 2 | Flat | |
£750 | 04/25 | 1.85 mi | - | 2 | Terraced House | |
£875 | 10/23 | 1.91 mi | - | 3 | Terraced House | |
£795 | 08/23 | 1.96 mi | - | 3 | Semi-Detached House | |
£925 | 03/24 | 1.96 mi | Alder Avenue, Humberston, Grimsby, Lincolnshire, DN36 | 3 | Semi-Detached House | |
£2,500 | 03/24 | 1.98 mi | Thoresby Road, Tetney, DN36 | 5 | Detached House | |
£895 | 10/24 | 1.99 mi | - | 2 | Semi-Detached House | |
£2,300 | 04/24 | 2.01 mi | The Barn, Thoresby Road, Tetney | 6 | Detached House |
Local Area Statistics
Population in DN36 | 19,16419,164 |
Population in Grimsby | 124,581124,581 |
Town centre distance | 3.98 miles away3.98 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 4.33 miles away4.33 miles away |
| |
Rental growth (12m) | -31%-31% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +14%+14% |
Property History
Listed for £224,999
August 8, 2024
Sold for £146,000
2003
Floor Plans

Description
- Generous plot 0.18 acre sts +
- Four bedrooms +
- Bathroom & en-suite bath to bedroom 1 +
- Spacious open plan kitchen & Family room +
- Off-road parking & garage +
- uPVC double glazing & gas central heating +
Presenting a unique opportunity to purchase a detached bungalow, nestled on a generous 0.18 acre plot (sts) in the sought-after village of Holton le Clay. This property is for sale and, given its need for some renovation, it presents an exciting prospect for those looking to tailor a home to their tastes. The property is configured with a well-sized, reception room, open plan kitchen, four bedrooms, and a bathroom. Each of these spaces affords the potential for transformation into a stylish and well-appointed home. A stand-out feature of the home is the spacious family lounge, which is open to the kitchen. It features an open fire, creating a cosy focal point for those family gatherings or quiet evenings in. The room also benefits from a sliding door that leads directly to the private garden, perfectly bridging the gap between indoor and outdoor living. The kitchen is spacious and has been designed with high gloss units. It is equipped with plumbing for both a dishwasher and a washing machine, and has space for a large oven and a dryer. The kitchen's open plan layout to the family room is perfect for modern living and entertaining. The property boasts four bedrooms, three of which are double-sized. The first bedroom is a generous double room with built-in wardrobes, offering ample storage space. It also has a unique feature of a door leading to the garden, and a separate bath within the closet/dressing room. The second and third bedrooms are also double rooms, whilst the fourth is a spacious single room, offering flexibility in use. The bathroom is equipped with a shower, a WC, and a sink with vanity, offering all the essentials. The property benefits from a host of unique features, including a large driveway, a garage, and a private garden. It also has uPVC double glazing and gas central heating installed, enhancing comfort and efficiency. The location is ideal for families and retirees alike, with excellent public transport links, nearby schools, and local amenities. Furthermore, the property is part of a strong local community, reinforcing the sense of belonging and making it a desirable place to live. In conclusion, this bungalow, with its generous plot, ample living space, and potential for transformation, is a fantastic opportunity for those looking to create their dream home in a delightful village setting. EPC rating: D. Tenure: Freehold,
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