2 Bed Terraced House, Single Let, Grimsby, DN34 5BA, £145,000

The Cedars, Grimsby, DN34 5BA - 4 months ago

Sold STC
BTL
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£68K - £215K
Sold Prices/m²£947/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£118,248

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£450 - £1,250

Rent Estimate

£485

Running Costs/mo

£570

Cashflow/mo

£-85

Cashflow/yr

£-1,020

Gross Yield

4%

Local Sold Prices

50 sold prices from £68K to £215K, average is £117.8K. £947/m² to £3.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£152K09/210.15 mi4, Halton Way, Grimsby, North East Lincolnshire DN34 5EU2
£125K11/210.15 mi16, Halton Way, Grimsby, North East Lincolnshire DN34 5EU2
£125K08/230.26 mi25, Stratford Avenue, Grimsby, North East Lincolnshire DN33 1EN2
£85K11/200.26 mi24, Stratford Avenue, Grimsby, North East Lincolnshire DN33 1EN2
£95K01/210.33 mi33, Clare Court, Grimsby, North East Lincolnshire DN34 5UU2
£109K03/210.33 mi26, Malvern Avenue, Grimsby, North East Lincolnshire DN33 1EQ2
£97.5K03/210.35 mi24, Queens Court, Grimsby, North East Lincolnshire DN34 5TT2
£85K12/220.36 mi8, Peterhouse Road, Grimsby, North East Lincolnshire DN34 5UX2
£118K10/200.37 mi9, Crowland Avenue, Grimsby, North East Lincolnshire DN34 5JN2
£140K04/210.41 mi35, Barry Avenue, Grimsby, North East Lincolnshire DN34 5LS2
£85K03/210.41 mi2, Emmanuel Court, Grimsby, North East Lincolnshire DN34 5XW2
£129K02/230.41 mi26, Revesby Avenue, Grimsby, North East Lincolnshire DN34 5JW2
£115K10/220.42 mi19, Revesby Avenue, Grimsby, North East Lincolnshire DN34 5JW2
£118K04/210.44 mi79, Peterhouse Road, Grimsby, North East Lincolnshire DN34 5UX2
£84K04/210.46 mi33, Limber Court, Grimsby, North East Lincolnshire DN34 4EL2
£93.5K11/200.46 mi21, Limber Court, Grimsby, North East Lincolnshire DN34 4EL2
£117.5K04/230.49 mi10, Foxglove Gardens, Grimsby, North East Lincolnshire DN34 5XN2
£114K01/230.49 mi2, Foxglove Gardens, Grimsby, North East Lincolnshire DN34 5XN2
£105K05/210.5 mi143, Milton Road, Grimsby, North East Lincolnshire DN33 1DD2
£95.5K10/200.51 mi26, Baroness Court, Grimsby, North East Lincolnshire DN34 4EJ2
£114K06/210.51 mi36a, Birch Avenue, Grimsby, North East Lincolnshire DN34 4RD2
£130K03/230.54 mi23, Carson Avenue, Grimsby, North East Lincolnshire DN34 4QX2
£80K07/230.56 mi3, Grange Walk, Grimsby, North East Lincolnshire DN34 4DX2
£85K01/230.56 mi30a, Rosemary Avenue, Grimsby, North East Lincolnshire DN34 4JN2
£85K07/210.57 mi110, Winchester Avenue, Grimsby, North East Lincolnshire DN33 1HL2
£95K06/210.57 mi14, St Ives Crescent, Grimsby, North East Lincolnshire DN34 5SL2
£200K07/230.58 mi4, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ2
£178K07/210.58 mi2, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ2
£215K03/230.58 mi27, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ2
£120K10/200.61 mi178, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4PU2
£136K12/200.64 mi5, Winston Avenue, Grimsby, North East Lincolnshire DN34 4QR2
£75.5K11/200.65 mi120, Crosby Road, Grimsby, North East Lincolnshire DN33 1NA2
£119K12/200.66 mi27, Longfield Road, Grimsby, Humberside DN34 5SB2
£119.5K01/230.66 mi17, Longfield Road, Grimsby, North East Lincolnshire DN34 5SB2
£83K12/200.66 mi34, St Ives Crescent, Grimsby, North East Lincolnshire DN34 5SJ2
£154K02/210.66 mi56, Westward Ho, Grimsby, North East Lincolnshire DN34 5AE2
£125K08/210.68 mi498, Laceby Road, Grimsby, North East Lincolnshire DN34 5NU2
£90K06/220.69 mi105, Crosby Road, Grimsby, North East Lincolnshire DN33 1LT2
£68K10/230.7 mi77, Columbus Way, Grimsby, North East Lincolnshire DN33 1RR2
£95K11/200.7 mi64, Elder Road, Grimsby, North East Lincolnshire DN34 4GE2
£129.9K05/210.71 mi10, Sheldon Road, Scartho, Grimsby, North East Lincolnshire DN33 3GB2
£123.5K03/210.71 mi6, Pennistone Place, Scartho Top, Grimsby, North East Lincolnshire DN33 3SS2
£147K06/220.74 mi34, Buckingham Grove, Scartho Top, Grimsby, North East Lincolnshire DN33 3RR2
£121K06/230.74 mi36, Buckingham Grove, Scartho Top, Grimsby, North East Lincolnshire DN33 3RR2
£165K12/220.75 mi49, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PH2
£120K06/210.76 mi12, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PJ2
£159.9K03/230.76 mi28, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PJ2
£130K08/210.76 mi32, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PJ2
£114.5K11/200.77 mi6, Belgrave Road, Scartho Top, Grimsby, North East Lincolnshire DN33 3RS2
£116K10/200.77 mi30, Belgrave Road, Scartho Top, Grimsby, North East Lincolnshire DN33 3RS2

Local Rents

50 rents from £450/mo to £1.3K/mo, average is £628/mo.

RentDateDistanceAddressBeds 
£49501/240.4 mi-2
£50001/250.4 mi-2
£60003/250.5 mi-2
£55003/240.55 miSecond Avenue, Grimsby2
£55003/240.55 miSecond Avenue, Grimsby2
£75004/240.57 miGirton Road, Grimsby2
£72503/240.73 miGervase Holles Way, Scartho, Grimsby, DN332
£63008/230.81 mi-2
£65003/240.82 mi-2
£68003/240.84 miBroadway, Grimsby, Lincolnshire, DN342
£60003/240.84 miLittle Michael Street, Grimsby2
£60004/240.86 miBargate, Grimsby, DN342
£60003/240.88 miBowers Avenue, Grimsby2
£68503/240.89 miPatchett Close, Scartho Top, Grimsby, Lincolnshire, DN332
£95004/240.91 miPelham Road, Grimsby, DN342
£60003/240.91 mi8 Bowers Avenue, Grimsby2
£1,05009/230.91 mi-2
£1,20010/230.91 mi-2
£1,10012/240.91 mi-2
£1,10001/250.91 mi-2
£80002/250.91 mi-2
£72004/240.94 miWalsh Gardens, Scartho Top, Grimsby, NE Lincolnshire, DN332
£75003/240.94 miPelham Road, Grimsby2
£45003/240.94 miLynton Parade, Grimsby2
£62504/240.94 miPelham Road, Grimsby, North East Lincolnshire, DN342
£69503/240.94 miPelham Road, Grimsby, NE Lincolnshire, DN342
£59510/230.94 mi-2
£75002/250.95 mi-2
£75003/250.95 mi-2
£75003/250.95 mi-2
£75003/250.95 mi-2
£1,25008/240.97 mi-2
£52011/241 mi-2
£52508/241 mi-2
£55002/251 mi-2
£67503/241 miBramble Close, Grimsby2
£62503/241 miMacaulay Street, Grimsby, Lincolnshire, DN312
£59503/241.01 miAbbey Park Road, Grimsby2
£65006/241.02 mi-2
£64512/231.02 mi-2
£45003/241.02 miQueens Parade, Grimsby, DN312
£70003/241.03 miFenwick Road, Scartho Top, Grimsby2
£55003/241.03 miHaycroft Avenue, Grimsby2
£62007/231.03 mi-2
£67503/241.03 miAbbey Park Mews, Grimsby, Lincolnshire, DN322
£50003/241.04 mi-2
£55003/241.05 miMacaulay Street, Grimsby, DN312
£55005/241.05 miMacaulay Street, Grimsby2
£57504/241.06 miNelson Way, Grimsby2
£60003/241.06 miFinchley Court, Grimsby, Lincolnshire, DN312

Local Area Statistics

Population in DN34

19,205

Population in Grimsby

124,581

Town centre distance

0.72 miles away

Nearest school

0.30 miles away

Nearest train station

1.20 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £145,000

November 29, 2024

Floor Plans

Description

Meteor Homes are delighted to market this modern two bedroom end terraced property which was built in 2020 located on this lovely small development just off Eastern Inway. The property is under 10 years old and therefore holds the remainder of the 10 year LABC guarantee.

The property is a perfect first time buyers or investors. The accommodation briefly comprises; Entrance Hall with Cloakroom housing WC and washbasin, there is a superb open plan feel to the ground floor with a large room giving plenty of space to relax and dine with uPVC French doors onto the rear garden, this area then opens up into the well-appointed Kitchen with a large range of white units that includes an integrated fridge freezer.

To the first floor are two large double Bedrooms and a stunning family bathroom with a three piece suite which includes a bath with a shower over, wash basin and toilet.

Outside to the front of the property accommodates a double width driveway providing valuable off road parking and to the rear of the property is an enclosed really good sized garden with lawn, patio and that much needed privacy.

To arrange a viewing on this property, please contact us on

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

METEOR HOMES, Grimsby

01472 404453

Next Steps?

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