2 Bed Flat, Single Let, Grimsby, DN31 1TN, £69,950
1 Freshney Drive, Grimsby, DN31 1TN - 5 months ago
Leasehold
BTL
ROI: 9%
50 m²





+11 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £17,488 |
Stamp Duty & Legal Fees | £4,698 |
Total Cash In | £22,185 |
| |
Cash Out | |
Rent Range | £450 - £950 |
Rent Estimate | £500 |
Running Costs/mo | £339 |
Cashflow/mo | £161 |
Cashflow/yr | £1,932 |
ROI | 9% |
Gross Yield | 9% |
Local Rents
50 rents from £450/mo to £950/mo, average is £595/mo.
Local Area Statistics
Population in DN31 | 9,598 |
Population in Grimsby | 124,581 |
Town centre distance | 0.93 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.53 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -4% |
Sales demand | Balanced market |
Capital growth (5yrs) | +23% |
Property History
Listed for £69,950
October 4, 2024
Floor Plans

Description
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