3 Bed Terraced House, Single Let, Grimsby, DN34 4RG, £110,000

Elm Avenue, Grimsby, Lincolnshire, DN34 4RG - 3 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£75K - £175K
Sold Prices/m²£790/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£136,750
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£550 - £850

Rent Estimate

£575

Running Costs/mo

£479

Cashflow/mo

£96

Cashflow/yr

£1,155

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £75K to £175K, average is £114.3K. £790/m² to £2.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£132.5K12/220 mi66, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RG3
£108K07/210.01 mi20, Elm Avenue, Grimsby, Humberside DN34 4RG3
£132K05/230.01 mi84, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RG3
£98.5K08/210.01 mi40, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RG3
£120K08/210.02 mi27, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RF3
£125K10/200.02 mi17, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RF3
£97K09/200.02 mi41, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RF3
£129.9K12/220.02 mi33, Grange Walk, Grimsby, North East Lincolnshire DN34 4DX3
£100K10/200.03 mi9, Grange Walk, Grimsby, North East Lincolnshire DN34 4DX3
£108K02/210.05 mi14, Gosport Road, Grimsby, North East Lincolnshire DN34 4DZ3
£108K02/210.06 mi14, Gosport Road, Grimsby, North East Lincolnshire DN34 4DZ3
£108K06/230.06 mi8, Gosport Road, Grimsby, North East Lincolnshire DN34 4DZ3
£156K11/220.07 mi13, St James Avenue, Grimsby, North East Lincolnshire DN34 4EB3
£91K09/210.07 mi2, St James Avenue, Grimsby, North East Lincolnshire DN34 4EA3
£142K03/230.08 mi29, Limber Vale, Grimsby, North East Lincolnshire DN34 4DU3
£94K09/200.08 mi6, Ashtree Avenue, Grimsby, North East Lincolnshire DN34 4RB3
£113K06/210.1 mi1, Marcus Street, Grimsby, North East Lincolnshire DN34 4DS3
£110K11/200.1 mi10, Marcus Street, Grimsby, North East Lincolnshire DN34 4DS3
£119.5K04/230.1 mi4, Marcus Street, Grimsby, North East Lincolnshire DN34 4DS3
£135K05/210.1 mi180, Yarborough Road, Grimsby, North East Lincolnshire DN34 4DN3
£145K12/210.1 mi12, Kingston Avenue, Grimsby, North East Lincolnshire DN34 4QZ3
£105K05/210.12 mi32, Cross Coates Road, Grimsby, North East Lincolnshire DN34 4QJ3
£100K06/230.14 mi27, Baroness Road, Grimsby, North East Lincolnshire DN34 4DP3
£75K10/220.15 mi26, Allenby Avenue, Grimsby, North East Lincolnshire DN34 4QL3
£96K02/230.15 mi223, Yarborough Road, Grimsby, North East Lincolnshire DN34 4DW3
£128K09/210.15 mi229, Yarborough Road, Grimsby, North East Lincolnshire DN34 4DW3
£120K07/230.16 mi9, Allenby Avenue, Grimsby, North East Lincolnshire DN34 4QL3
£85.5K02/230.16 mi8, Allenby Avenue, Grimsby, North East Lincolnshire DN34 4QL3
£135K04/210.16 mi135, Yarborough Road, Grimsby, North East Lincolnshire DN34 4EE3
£121K12/220.16 mi2, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4RZ3
£115.5K09/210.16 mi203, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4RR3
£130K04/230.17 mi3, Felstead Road, Grimsby, North East Lincolnshire DN34 4EU3
£112K01/230.17 mi29, Felstead Road, Grimsby, North East Lincolnshire DN34 4EU3
£132K02/210.17 mi25, Felstead Road, Grimsby, North East Lincolnshire DN34 4EU3
£122.5K07/230.18 mi30, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4RZ3
£90K11/200.18 mi10, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4RZ3
£106K05/230.2 mi31, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SA3
£100K12/220.2 mi15, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SA3
£125K06/230.2 mi37, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SA3
£117K04/210.21 mi11, Toothill Gardens, Grimsby, North East Lincolnshire DN34 4EP3
£106.5K02/210.21 mi31, Toothill Gardens, Grimsby, North East Lincolnshire DN34 4EP3
£140K08/230.22 mi204, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4QU3
£138K04/210.22 mi15, Carson Avenue, Grimsby, North East Lincolnshire DN34 4QX3
£110K10/210.22 mi14, Carson Avenue, Grimsby, North East Lincolnshire DN34 4QX3
£175K05/220.22 mi196, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4QU3
£134K07/210.22 mi116, Sorrel Road, Grimsby, North East Lincolnshire DN34 4GB3
£117K02/230.23 mi4, Clifton Road, Grimsby, North East Lincolnshire DN34 4QN3
£85K01/210.23 mi32, Clifton Road, Grimsby, North East Lincolnshire DN34 4QN3
£90K11/200.23 mi57, Clifton Road, Grimsby, North East Lincolnshire DN34 4QW3
£94K10/200.23 mi19, Clifton Road, Grimsby, North East Lincolnshire DN34 4QW3

Local Rents

27 rents from £550/mo to £850/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£79510/240.04 mi-3
£69503/240.08 miAshtree Avenue, Grimsby3
£67507/230.13 mi-3
£82503/240.19 miSilver Birch Place, Grimsby, DN343
£70004/240.24 miToothill Gardens, Grimsby, North East Lincs, DN34 3
£67007/230.25 mi-3
£79503/240.36 mi-3
£62510/240.37 mi-3
£62505/240.37 miSpring Bank, Grimsby, DN343
£72508/240.37 mi-3
£60005/240.39 mi-3
£62505/240.39 miSpring Bank, Grimsby3
£59007/230.39 mi-3
£65003/240.41 miRoseveare Avenue, Grimsby3
£63503/240.41 miTyler Avenue, Grimsby3
£69511/230.42 mi-3
£64007/230.42 mi-3
£67504/240.49 miRoseveare Avenue, Grimsby, Lincolnshire, DN313
£65001/250.5 mi-3
£75008/240.5 mi-3
£65012/240.52 mi-3
£85010/240.52 mi-3
£57501/240.52 mi-3
£57501/240.52 mi-3
£55003/240.59 miLancaster Avenue, Grimsby3
£85003/240.6 mi-3
£60004/240.62 mi-3

Local Area Statistics

Population in DN34

19,205

Population in Grimsby

124,581

Town centre distance

0.74 miles away

Nearest school

0.20 miles away

Nearest train station

1.01 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £110,000

December 11, 2024

Floor Plans

Description

  • No Forward Chain +
  • End of Terrace Home +
  • 3 Bedrooms +
  • Conservatory +
  • Grimsby Location +
  • Close to Amenities +
  • Well Presented Throughout +
  • EPC Rating - TBC, Council Tax Band - A +

Pygott & Crone are delighted to market this spacious Three Bedroom End of Terrace property with No Forward Chain! Well presented throughout, the property is located in Grimsby and is close to local amenities, bus routes, shops and has easy access to the A180 Motorway.  Internal accommodation briefly comprises; Entrance Hallway, Lounge, Dining Room, Kitchen and Conservatory. Upstairs are Three Bedrooms and Family Bathroom. There is on street parking available. Viewings are highly recommended to fully appreciate the living space on offer.  Agent's Note: The property is leasehold and has 903 years left on the lease which started on 1st January 1929.

Agent Details

Pygott & Crone, Grimsby

01472 404413

Next Steps?

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