3 Bed Terraced House, Single Let, Grimsby, DN33 1BQ, £75,000

73 Milton Road, Grimsby, North East Lincolnshire, DN33 1BQ - 4 views - 4 months ago

Sold STC
BTL
ROI: 9%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£73K - £260K
Sold Prices/m²£924/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£806/m²

Value Estimate

£90,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£525 - £2,400

Rent Estimate

£525

Running Costs/mo

£359

Cashflow/mo

£166

Cashflow/yr

£1,988

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £73K to £260K, average is £159K. £924/m² to £2.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£110K09/220.07 mi2, Newton Grove, Grimsby, North East Lincolnshire DN33 1DB3
£127.5K11/220.07 mi6, Newton Grove, Grimsby, North East Lincolnshire DN33 1DB3
£199.9K12/200.13 mi23, Eastwood Avenue, Grimsby, North East Lincolnshire DN34 5BE3
£200K02/210.13 mi27, Eastwood Avenue, Grimsby, North East Lincolnshire DN34 5BE3
£150K10/200.14 mi55, Laceby Road, Grimsby, North East Lincolnshire DN34 5BH3
£230K07/210.14 mi17, Laceby Road, Grimsby, North East Lincolnshire DN34 5BH3
£260K09/210.14 mi7, Laceby Road, Grimsby, North East Lincolnshire DN34 5BH3
£237.5K02/210.18 mi4a, Devonshire Avenue, Grimsby, North East Lincolnshire DN32 0BW3
£95K09/210.18 mi56, Sutcliffe Avenue, Grimsby, North East Lincolnshire DN33 1DR3
£75K06/210.19 mi17, Kingsley Grove, Grimsby, North East Lincolnshire DN33 1NL3
£90K01/230.2 mi83, Sutcliffe Avenue, Grimsby, North East Lincolnshire DN33 1AQ3
£181.5K05/230.2 mi7, Frusher Avenue, Grimsby, North East Lincolnshire DN33 2BE3
£120K10/210.2 mi7, Frusher Avenue, Grimsby, North East Lincolnshire DN33 2BE3
£205K06/230.23 mi98, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0BP3
£160K09/230.23 mi102, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0BP3
£188K10/220.23 mi78, Scartho Road, Grimsby, North East Lincolnshire DN33 2BG3
£147K08/230.24 mi16, Rupert Road, Grimsby, North East Lincolnshire DN33 2AG3
£129K04/210.27 mi20, Rookery Avenue, Grimsby, North East Lincolnshire DN33 2AQ3
£155K01/210.27 mi9, Rookery Avenue, Grimsby, North East Lincolnshire DN33 2AQ3
£170K11/220.29 mi1, St Helens Avenue, Grimsby, North East Lincolnshire DN33 2AH3
£138.5K10/200.3 mi5, St Helens Avenue, Grimsby, North East Lincolnshire DN33 2AH3
£177.5K10/220.3 mi115, Scartho Road, Grimsby, North East Lincolnshire DN33 2AJ3
£170K11/200.3 mi42, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BW3
£73K03/230.31 mi125, Second Avenue, Grimsby, North East Lincolnshire DN33 1NU3
£180K01/230.31 mi35, The Cresta, Grimsby, North East Lincolnshire DN34 5AP3
£116K06/210.31 mi17, Beech Avenue, Grimsby, North East Lincolnshire DN33 2AZ3
£145K04/210.31 mi3, Beech Avenue, Grimsby, North East Lincolnshire DN33 2AZ3
£176K11/210.31 mi3, Roundway, Grimsby, North East Lincolnshire DN34 5AS3
£195K03/210.31 mi63, Roundway, Grimsby, Humberside DN34 5AS3
£185K11/220.31 mi43, Roundway, Grimsby, North East Lincolnshire DN34 5AS3
£233K06/230.31 mi59, Roundway, Grimsby, North East Lincolnshire DN34 5AS3
£145K07/210.31 mi27, St Helens Avenue, Grimsby, North East Lincolnshire DN33 2AH3
£145K06/230.31 mi12, St Helens Avenue, Grimsby, North East Lincolnshire DN33 2AH3
£252K04/210.32 mi44, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0PN3
£181K10/200.33 mi14, Lansdowne Avenue, Grimsby, North East Lincolnshire DN32 0BY3
£225K12/200.33 mi30, The Cresta, Grimsby, North East Lincolnshire DN34 5AW3
£146K10/220.33 mi12, Sycamore Avenue, Grimsby, North East Lincolnshire DN33 2AY3
£138K06/230.35 mi4, Hereford Avenue, Grimsby, North East Lincolnshire DN34 5AJ3
£108K06/210.37 mi38, Redbourne Road, Grimsby, North East Lincolnshire DN33 1PB3
£95K02/230.39 mi195, Milton Road, Grimsby, North East Lincolnshire DN33 1DN3
£152K02/210.4 mi154, Laceby Road, Grimsby, North East Lincolnshire DN34 5DR3
£210K11/220.4 mi88, Bargate, Grimsby, North East Lincolnshire DN34 5AB3
£182.5K02/230.42 mi49, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BU3
£165K08/210.42 mi75, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BU3
£189K07/210.42 mi50, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BT3
£160K11/200.42 mi54, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BT3
£158K10/200.42 mi92, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BT3
£130K06/210.42 mi76, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BT3
£143.5K03/210.44 mi31, Cragston Avenue, Grimsby, Humberside DN33 2AT3
£153K06/210.44 mi165, Scartho Road, Grimsby, North East Lincolnshire DN33 2BT3

Local Rents

19 rents from £525/mo to £2.4K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79503/240.17 miGervase Holles Way, Grimsby, North East Lincs, DN33 3
£85003/240.3 miScartho Road, Grimsby3
£52503/240.3 miSecond Avenue, Grimsby3
£2,40005/240.3 mi-3
£2,40003/240.3 miBills Included, Grimsby, DN333
£2,40003/240.31 mi-3
£2,40001/250.31 mi-3
£90004/240.32 miThe Cresta, Grimsby, N E Lincs, DN34 3
£55003/240.33 miSecond Avenue, Grimsby3
£85002/240.33 mi-3
£62505/240.35 miC3
£85003/240.43 miCragston Avenue, Scartho, DN33 3
£1,10004/240.51 miWelholme Road, Grimsby, Lincolnshire, DN323
£77504/240.54 miBargate ( GF Front), Grimsby, North East Lincolnshire, DN343
£92502/250.55 mi-3
£67503/240.55 miEdge Avenue, Scartho, Grimsby, North East Lincolnshire, DN333
£77504/240.57 miEdge Avenue, Grimsby3
£75008/240.6 mi-3
£92511/240.62 mi-3

Local Area Statistics

Population in DN33

19,406

Population in Grimsby

124,581

Town centre distance

0.47 miles away

Nearest school

0.10 miles away

Nearest train station

0.95 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £75,000

December 2, 2024

Sold for £54,000

2006

Floor Plans

Description

  • 3 Bedroom House +
  • Excellent First Time Purchase Or Investment +
  • Off-Road Parking +
  • 2 Reception Rooms +
  • Private Rear Garden +
  • uPVC Double Glazing +
  • Gas Central Heating System +

Located in close proximity to Grimsby Town Centre, this 3 bedroom mid terraced house would make an ideal first time purchase or investment opportunity.
With 2 separate reception rooms and the benefit of off road parking, the property offers good internal and external space.
The property is currently tenanted with a passing rent of £525PCM currently being achieved. The tenant would like to stay if possible, however vacant possession is available if required.
Call now to arrange a viewing.

Agent Details

Jackson Green & Preston, Grimsby

01472 404357

Next Steps?

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