4 Bed HMO, Grimsby, DN32 9NS, £105,000

21 Granville Street, Grimsby, DN32 9NS - 63 views - 8 months ago

HMO
ROI: 24%
137 m²
+12 photos

ValuationUndervalued

Sold Prices£76K - £495K
Sold Prices/m²£731/m² - £2.7K/m²

 

 

Square Metres

137 m²
Price/m²£766/m²

Value Estimate

£127,050
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Room Rate

£429

Gross Rent

£1,716

Running Costs/mo

£1,098

Cashflow/mo

£618

Cashflow/yr

£7,411

ROI

24%

Gross Yield

20%

Local Sold Prices

50 sold prices from £76K to £495K, average is £217K. £731/m² to £2.7K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£90K11/200.03 mi26, Granville Street, Grimsby, North East Lincolnshire DN32 9NS4
£104K04/210.07 mi282, Hainton Avenue, Grimsby, North East Lincolnshire DN32 9LS4
£157K09/210.07 mi290, Hainton Avenue, Grimsby, North East Lincolnshire DN32 9LS4
£115K12/200.14 mi334, Hainton Avenue, Grimsby, North East Lincolnshire DN32 9LX4
£98K12/200.19 mi127, Welholme Road, Grimsby, Humberside DN32 0NQ4
£97K02/210.2 mi185, Hainton Avenue, Grimsby, North East Lincolnshire DN32 9LD4
£117K09/210.26 mi52, Legsby Avenue, Grimsby, North East Lincolnshire DN32 0NE4
£135K06/210.3 mi163, Farebrother Street, Grimsby, North East Lincolnshire DN32 0JP4
£180K04/210.32 mi129, Weelsby Road, Grimsby, North East Lincolnshire DN32 9RZ4
£215K10/210.32 mi97, Weelsby Road, Grimsby, North East Lincolnshire DN32 0PX4
£215K10/210.32 mi97, Weelsby Road, Grimsby, North East Lincolnshire DN32 0PX4
£91K11/210.34 mi106, Heneage Road, Grimsby, North East Lincolnshire DN32 9JQ4
£104K11/200.35 mi184, Legsby Avenue, Grimsby, North East Lincolnshire DN32 0LB4
£170K12/200.35 mi148, Weelsby Road, Grimsby, North East Lincolnshire DN32 9RR4
£93K05/230.35 mi37, Ainslie Street, Grimsby, North East Lincolnshire DN32 0LY4
£178K03/210.36 mi31, St Augustine Avenue, Grimsby, North East Lincolnshire DN32 0LD4
£115K02/230.38 mi77, Ladysmith Road, Grimsby, North East Lincolnshire DN32 9EQ4
£290K10/220.39 mi77, Weelsby Road, Grimsby, North East Lincolnshire DN32 0PY4
£270K02/230.39 mi161, Weelsby Road, Grimsby, North East Lincolnshire DN32 9RX4
£220K04/210.4 mi10, Brunel Close, Grimsby, North East Lincolnshire DN32 9FE4
£270K04/230.4 mi10, Brunel Close, Grimsby, North East Lincolnshire DN32 9FE4
£219K04/210.41 mi2, Haigh Court, Grimsby, North East Lincolnshire DN32 9FD4
£250K03/210.41 mi14, Lambert Road, Grimsby, North East Lincolnshire DN32 0HT4
£225K06/210.41 mi18, Lambert Road, Grimsby, North East Lincolnshire DN32 0HT4
£305K06/210.43 mi86, Weelsby Road, Grimsby, North East Lincolnshire DN32 0PS4
£269.9K05/230.43 mi1, Lea Drive, Grimsby, North East Lincolnshire DN32 9FB4
£76K02/210.44 mi23, Durban Road, Grimsby, North East Lincolnshire DN32 8BD4
£235K07/210.44 mi57, Weelsby Road, Grimsby, North East Lincolnshire DN32 0PZ4
£135K12/200.48 mi9, Abbey Drive East, Grimsby, North East Lincolnshire DN32 0HD4
£345K09/230.5 mi22, Portland Avenue, Grimsby, North East Lincolnshire DN32 0AA4
£110K11/200.51 mi451, Weelsby Street, Grimsby, North East Lincolnshire DN32 8BE4
£406.2K05/230.53 mi17, Park Drive, Grimsby, North East Lincolnshire DN32 0EF4
£209.9K07/230.57 mi14, Welholme Road, Grimsby, North East Lincolnshire DN32 0DU4
£149K09/210.58 mi19, Manor Avenue, Grimsby, North East Lincolnshire DN32 0QR4
£157.5K07/210.58 mi23, Manor Avenue, Grimsby, North East Lincolnshire DN32 0QR4
£178K06/230.58 mi5, Manor Avenue, Grimsby, North East Lincolnshire DN32 0QR4
£405K05/210.58 mi51, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0DZ4
£467.5K07/220.58 mi45, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0DZ4
£425K08/230.58 mi53, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0DZ4
£265K11/200.59 mi60, Park Avenue, Grimsby, North East Lincolnshire DN32 0DQ4
£422K12/220.6 mi8, Bargate Avenue, Grimsby, North East Lincolnshire DN32 0ED4
£388.5K06/220.6 mi6, Cumberland Avenue, Grimsby, North East Lincolnshire DN32 0BT4
£260K12/200.61 mi27, Cumberland Avenue, Grimsby, North East Lincolnshire DN32 0BT4
£236.5K05/210.61 mi36, Cumberland Avenue, Grimsby, North East Lincolnshire DN32 0BT4
£495K12/220.61 mi1, Cumberland Avenue, Grimsby, North East Lincolnshire DN32 0BT4
£250K09/210.61 mi85, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0PL4
£250K08/230.62 mi30, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0EA4
£465K09/210.62 mi16, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0EA4
£142K12/220.64 mi4, Silvergarth, Grimsby, North East Lincolnshire DN32 8QR4
£305K10/220.65 mi46, Brighowgate, Grimsby, North East Lincolnshire DN32 0QW4

Local Area Statistics

Population in DN32

29,050

Population in Grimsby

124,581

Town centre distance

0.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £105,000

August 13, 2024

Floor Plans

Description

  • VIDEO VIEWING AVAILABLE +
  • 4 Bedroom House +
  • Available With NO "CHAIN" +
  • 2 Ground Floor Reception Rooms +
  • Ground & First Floor Shower Rooms +
  • Front & Rear Gardens +
  • uPVC Double Glazing +
  • 2 Year Old Combination Gas Boiler +

Presenting this terraced house with four bedrooms in those proximity to Grimsby town centre. The ground floor includes an inviting entrance hall leading to a bright living room with access to a shower room. The hallway also leads to the back of the property and a large dining room and kitchen. The kitchen has ample storage and space for appliances. Upstairs, four bedrooms offer versatile living spaces suitable for a family or home office. As well as a second bathroom. Conveniently located near local amenities, schools, and transport links, this property offers a great opportunity for those seeking a comfortable home in a desirable area. Alternatively, the property could be of interest to an investor looking to convert into a HMO (House of Multiple Occupancy) or flats. Viewing is recommended to truly appreciate this property's full potential.

Agent Details

Jackson Green & Preston, Grimsby

01472 404357

Next Steps?

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