3 Bed Terraced House, Single Let, Grimsby, DN31 2PZ, £55,000
Corporation Road, Grimsby, Lincolnshire, DN31 2PZ - 5 views - 4 months ago
Sold STC
BTL
ROI: 15%
~93 m²





+4 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £13,750 |
Stamp Duty & Legal Fees | £2,850 |
Total Cash In | £16,600 |
| |
Cash Out | |
Rent Range | £462 - £990 |
Rent Estimate | £495 |
Running Costs/mo | £291 |
Cashflow/mo | £204 |
Cashflow/yr | £2,450 |
ROI | 15% |
Gross Yield | 11% |
Local Rents
52 rents from £462/mo to £990/mo, average is £625/mo.
Local Area Statistics
Population in DN31 | 9,598 |
Population in Grimsby | 124,581 |
Town centre distance | 1.01 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.69 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -4% |
Sales demand | Balanced market |
Capital growth (5yrs) | +23% |
Property History
Listed for £55,000
November 29, 2024
Description
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