3 Bed Terraced House, Single Let, Grimsby, DN31 2ED, £70,000

134 Haycroft Street, Grimsby, North East Lincolnshire, DN31 2ED - 1 views - 4 months ago

Sold STC
BTL
ROI: 8%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£31K - £180K
Sold Prices/m²£470/m² - £1.7K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£88,368
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,450

Total Cash In

£20,950

 

 

Cash Out

 

Rent Range

£462 - £990

Rent Estimate

£495

Running Costs/mo

£338

Cashflow/mo

£157

Cashflow/yr

£1,887

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £31K to £180K, average is £87.3K. £470/m² to £1.7K/m², average is £950/m².

PriceDateDistanceAddressBeds 
£31K04/210.02 mi7, Newby Road, Grimsby, Humberside DN31 2EQ3
£60K08/210.04 mi44, Wharton Street, Grimsby, North East Lincolnshire DN31 2EG3
£82.5K11/220.08 mi181, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL3
£88K08/230.1 mi205, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL3
£85K01/230.1 mi215, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL3
£74.3K03/230.1 mi207, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL3
£82.5K01/230.11 mi220, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EJ3
£70K07/210.11 mi27, Lister Street, Grimsby, Humberside DN31 2HZ3
£56K05/210.12 mi73, Haycroft Street, Grimsby, North East Lincolnshire DN31 2HR3
£75K10/210.12 mi6, Lancaster Avenue, Grimsby, North East Lincolnshire DN31 2EW3
£45K12/200.12 mi36, Lancaster Avenue, Grimsby, North East Lincolnshire DN31 2EW3
£80.9K06/210.12 mi12, Lancaster Avenue, Grimsby, North East Lincolnshire DN31 2EW3
£87.5K03/230.12 mi47, Lancaster Avenue, Grimsby, North East Lincolnshire DN31 2EW3
£90K06/210.12 mi2, Cromwell Avenue, Grimsby, North East Lincolnshire DN31 2DR3
£103K06/230.12 mi109, Cromwell Road, Grimsby, North East Lincolnshire DN31 2DL3
£95K06/210.12 mi109, Cromwell Road, Grimsby, North East Lincolnshire DN31 2DL3
£100K10/210.12 mi6, Chantry Close, Grimsby, North East Lincolnshire DN31 2JY3
£73K10/210.13 mi32, Cromwell Road, Grimsby, North East Lincolnshire DN31 2DW3
£95K02/210.13 mi54, Cromwell Road, Grimsby, North East Lincolnshire DN31 2DW3
£105K09/210.13 mi27, Cromwell Road, Grimsby, North East Lincolnshire DN31 2DN3
£86K07/210.13 mi59, Arthur Street, Grimsby, North East Lincolnshire DN31 2HT3
£90K09/200.14 mi7, Macaulay Street, Grimsby, North East Lincolnshire DN31 2DS3
£90K12/220.14 mi54, Arthur Street, Grimsby, North East Lincolnshire DN31 2HT3
£60K02/210.14 mi71, Henry Street, Grimsby, North East Lincolnshire DN31 2JA3
£76K05/210.14 mi36, Henry Street, Grimsby, North East Lincolnshire DN31 2JA3
£87K12/200.15 mi44, Lister Street, Grimsby, North East Lincolnshire DN31 2JG3
£78.5K07/210.16 mi62, James Street, Grimsby, North East Lincolnshire DN31 2JE3
£180K11/220.16 mi7, Marshall Avenue, Grimsby, North East Lincolnshire DN34 4AJ3
£95K09/230.16 mi11, Bemrose Way, Grimsby, North East Lincolnshire DN31 2JZ3
£73K04/230.16 mi19, Ripon Street, Grimsby, North East Lincolnshire DN31 2HG3
£45K02/210.16 mi13, Ripon Street, Grimsby, North East Lincolnshire DN31 2HG3
£90K12/220.16 mi46, James Street, Grimsby, North East Lincolnshire DN31 2JE3
£88K09/210.17 mi54, Fairfax Road, Grimsby, North East Lincolnshire DN34 4AP3
£134.9K10/220.18 mi19, Little Michael Street, Grimsby, North East Lincolnshire DN34 4AL3
£85K01/210.18 mi6, Little Michael Street, Grimsby, North East Lincolnshire DN34 4AL3
£66K04/230.18 mi51, Veal Street, Grimsby, North East Lincolnshire DN31 2HF3
£46K06/210.19 mi153, Lord Street, Grimsby, North East Lincolnshire DN31 2NH3
£122K02/230.19 mi117, Lord Street, Grimsby, North East Lincolnshire DN31 2NH3
£118K08/210.2 mi49, Phyllis Avenue, Grimsby, North East Lincolnshire DN34 4PQ3
£111.5K12/200.2 mi34, Phyllis Avenue, Grimsby, North East Lincolnshire DN34 4PQ3
£127.5K07/210.2 mi35, Phyllis Avenue, Grimsby, North East Lincolnshire DN34 4PQ3
£119.5K06/210.2 mi41, Phyllis Avenue, Grimsby, Humberside DN34 4PQ3
£63K09/230.2 mi4, Boulevard Way, Grimsby, North East Lincolnshire DN31 2DA3
£125K07/210.21 mi37, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4NU3
£130K06/210.21 mi83, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4NU3
£170K05/230.21 mi93, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4NU3
£76K10/200.21 mi20, Wentworth Road, Grimsby, North East Lincolnshire DN34 4AR3
£100K07/210.21 mi23, Wentworth Road, Grimsby, North East Lincolnshire DN34 4AR3
£100K02/230.21 mi196, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ3
£65K04/210.21 mi176, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ3

Local Rents

52 rents from £462/mo to £990/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£60004/240.07 mi-3
£56303/240.1 mi-3
£56307/240.1 mi-3
£57501/240.11 mi-3
£57501/240.11 mi-3
£85010/240.11 mi-3
£55003/240.11 miLancaster Avenue, Grimsby3
£46212/230.12 mi-3
£68004/240.12 mi-3
£65003/240.12 miMacaulay Street, Grimsby, DN313
£62502/240.12 mi-3
£62502/240.12 mi-3
£62504/240.12 mi-3
£53503/240.17 miRipon Street, Grimsby, N E Lincolnshire, DN313
£64508/240.19 mi-3
£55004/240.19 miLord Street, Grimsby3
£60003/240.2 miLawrence Street, Grimsby3
£56006/240.21 mi-3
£64007/230.21 mi-3
£52503/240.23 miHaycroft Street, Grimsby3
£48503/240.24 miHenry Street, Grimsby, DN31 2JB3
£56301/240.25 mi-3
£56304/240.25 mi-3
£59503/240.25 miJames Street, Grimsby, South Humberside, DN313
£85003/240.31 mi-3
£55003/240.33 miAnderson Street, Grimsby3
£60004/240.33 miCartergate, Grimsby, Lincolnshire, DN313
£65001/250.33 mi-3
£99005/240.33 miMacaulay Park, Grimsby, DN313
£67504/240.35 miRoseveare Avenue, Grimsby, Lincolnshire, DN313
£95503/240.36 miMacaulay Park, Grimsby, DN313
£93003/240.36 miMacaulay Park, Grimsby, DN313
£93003/240.36 miMacaulay Park, Grimsby, DN313
£96503/240.37 miMacaulay Park, Grimsby, DN313
£96503/240.37 miMacaulay Park, Grimsby, DN313
£93003/240.37 miMacaulay Park, Grimsby, DN313
£93003/240.37 miMacaulay Park, Grimsby, DN313
£62510/240.37 mi-3
£62505/240.37 miSpring Bank, Grimsby, DN343
£65003/240.38 miRoseveare Avenue, Grimsby3
£52503/240.39 miCorporation Road, Grimsby3
£59503/240.39 miCorporation Road, Grimsby3
£55004/240.39 miCorporation Road, Grimsby3
£63503/240.39 miTyler Avenue, Grimsby3
£57503/240.42 miAiredale Way, Grimsby3
£65012/240.43 mi-3
£69511/230.43 mi-3
£99003/240.43 miMacaulay Park, Grimsby, DN313
£99003/240.46 miMacaulay Park, Grimsby, DN313
£60005/240.46 mi-3
£62505/240.46 miSpring Bank, Grimsby3
£59007/230.46 mi-3

Local Area Statistics

Population in DN31

9,598

Population in Grimsby

124,581

Town centre distance

0.63 miles away

Nearest school

0.20 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £70,000

December 4, 2024

Listed for £75,000

November 12, 2024

Sold for £60,000

2012

Sold for £78,000

2006

Sold for £26,500

2001

Floor Plans

Description

  • Three-bedroom terraced house with versatile layout and first-floor bathroom. +
  • Bright lounge with square bay window open to a sitting/dining area. +
  • Good size kitchen with potential for modern upgrades. +
  • Two double bedrooms, one single bedroom, and a family bathroom upstairs. +
  • Low-maintenance paved rear yard and small front yard. +
  • Convenient location near schools, transport links, and amenities, ideal for first-time buyers or rental investment. +

Three-Bedroom Terraced House on Haycroft Street, Grimsby

Located in a convenient area of Grimsby, just a 10-minute walk from the town centre, this well-proportioned three-bedroom terraced house on Haycroft Street offers an excellent opportunity for first-time buyers, families, or landlords.

Directly across from St. Hugh’s Community Centre, this home is also close to local schools and a range of amenities with easy access to bus and train transport links.

The ground floor features a hallway leading into a bright lounge with a charming square bay window, filling the space with natural light. A sitting and dining area sits toward the rear, creating a versatile area for family gatherings and entertaining. The spacious kitchen is located at the back of the property, offering potential for modern upgrades and personal touches.

Upstairs, there are two well-sized double bedrooms, a single bedroom perfect for a child or home office, and a family bathroom, conveniently located on the first floor. The layout provides flexibility for a growing family, with plenty of room for storage and future customization.

Outside, the property has a small front yard and a low-maintenance, paved rear yard, ideal for those seeking a manageable outdoor space.

This property would benefit from modernizing throughout, presenting an excellent chance to create a home suited to your tastes or an investment with promising rental potential. Expected rental income is approximately £7,800 per year following upgrades and adherence to current regulations. This property is a fantastic opportunity to bring your vision to life in a desirable Grimsby location.

Agent Details

DDM Residential, Grimsby

01472 404591

Next Steps?

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