3 Bed Terraced House, Single Let, Grimsby, DN31 1RF, £82,950

127 Alexandra Road, Grimsby, DN31 1RF - 2 views - 3 months ago

BTL
ROI: 6%
88 m²
+3 photos

ValuationOvervalued

Sold Prices£35K - £122K
Sold Prices/m²£489/m² - £1.4K/m²

 

 

Square Metres

88 m²
Price/m²£943/m²

Value Estimate

£68,331

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,738

Stamp Duty & Legal Fees

£3,689

Total Cash In

£24,426

 

 

Cash Out

 

Rent Range

£462 - £990

Rent Estimate

£503

Running Costs/mo

£380

Cashflow/mo

£123

Cashflow/yr

£1,478

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £35K to £122K, average is £75K. £489/m² to £1.4K/m², average is £776/m².

PriceDateDistanceAddressBeds 
£82K10/200.02 mi124, Alexandra Road, Grimsby, North East Lincolnshire DN31 1RN3
£71K08/230.02 mi150, Alexandra Road, Grimsby, North East Lincolnshire DN31 1RN3
£58K10/200.04 mi15, Tennyson Street, Grimsby, North East Lincolnshire DN31 1RJ3
£65K07/210.1 mi58, Alexandra Road, Grimsby, North East Lincolnshire DN31 1RW3
£35K04/210.18 mi53, Alexandra Road, Grimsby, North East Lincolnshire DN31 1RD3
£82K02/230.2 mi14, Somersby Street, Grimsby, North East Lincolnshire DN31 1TT3
£117K09/230.21 mi17, Freshney Drive, Grimsby, North East Lincolnshire DN31 1TN3
£120K09/210.21 mi78, Frederick Street, Grimsby, North East Lincolnshire DN31 1XQ3
£92K12/220.22 mi129, Fildes Street, Grimsby, North East Lincolnshire DN31 1TU3
£70K02/230.27 mi140, Corporation Road, Grimsby, North East Lincolnshire DN31 1UP3
£75K02/230.28 mi144, Corporation Road, Grimsby, North East Lincolnshire DN31 1UP3
£80K09/230.31 mi63, Earl Street, Grimsby, North East Lincolnshire DN31 2PL3
£51.5K02/210.32 mi13, Lord Street, Grimsby, North East Lincolnshire DN31 2LX3
£80K06/210.33 mi46, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PB3
£67.5K11/200.33 mi77, Lord Street, Grimsby, North East Lincolnshire DN31 2ND3
£47K10/200.34 mi185, Corporation Road, Grimsby, North East Lincolnshire DN31 2PY3
£113K03/210.35 mi50, Earl Street, Grimsby, North East Lincolnshire DN31 2LZ3
£121K12/220.37 mi25, Earl Street, Grimsby, North East Lincolnshire DN31 2NB3
£60K07/230.37 mi66, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PA3
£80K04/210.38 mi39, Earl Street, Grimsby, North East Lincolnshire DN31 2NB3
£95K09/230.38 mi11, Bemrose Way, Grimsby, North East Lincolnshire DN31 2JZ3
£66K04/230.38 mi51, Veal Street, Grimsby, North East Lincolnshire DN31 2HF3
£95K11/220.39 mi8, Earl Street, Grimsby, North East Lincolnshire DN31 2NA3
£73K04/230.39 mi19, Ripon Street, Grimsby, North East Lincolnshire DN31 2HG3
£45K02/210.39 mi13, Ripon Street, Grimsby, North East Lincolnshire DN31 2HG3
£89K03/210.39 mi26, Earl Street, Grimsby, Humberside DN31 2NA3
£56K02/210.42 mi10, Beeson Grove, Grimsby, Humberside DN31 2QJ3
£100K10/210.42 mi6, Chantry Close, Grimsby, North East Lincolnshire DN31 2JY3
£75K11/210.43 mi43, Railway Street, Grimsby, North East Lincolnshire DN32 7BN3
£90K12/220.43 mi54, Arthur Street, Grimsby, North East Lincolnshire DN31 2HT3
£90K11/220.43 mi237, Corporation Road, Grimsby, North East Lincolnshire DN31 2PZ3
£56K05/210.43 mi73, Haycroft Street, Grimsby, North East Lincolnshire DN31 2HR3
£86K07/210.43 mi59, Arthur Street, Grimsby, North East Lincolnshire DN31 2HT3
£59K06/210.44 mi249, Corporation Road, Grimsby, North East Lincolnshire DN31 2PZ3
£100K02/230.44 mi196, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ3
£65K04/210.44 mi176, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ3
£46K06/210.44 mi153, Lord Street, Grimsby, North East Lincolnshire DN31 2NH3
£122K02/230.44 mi117, Lord Street, Grimsby, North East Lincolnshire DN31 2NH3
£75K08/210.45 mi93, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ3
£43K10/200.45 mi93, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ3
£90K09/200.45 mi7, Macaulay Street, Grimsby, North East Lincolnshire DN31 2DS3
£60K03/210.46 mi33, Joseph Street, Grimsby, North East Lincolnshire DN31 2NU3
£50K08/210.46 mi6, Mill Avenue, Grimsby, North East Lincolnshire DN31 2RS3
£60K02/210.46 mi71, Henry Street, Grimsby, North East Lincolnshire DN31 2JA3
£76K05/210.46 mi36, Henry Street, Grimsby, North East Lincolnshire DN31 2JA3
£54K02/210.46 mi13, Mill Avenue, Grimsby, North East Lincolnshire DN31 2RS3
£84K12/220.48 mi100, Boulevard Avenue, Grimsby, North East Lincolnshire DN31 2JH3
£47K01/230.48 mi121, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ3
£90K12/220.49 mi46, James Street, Grimsby, North East Lincolnshire DN31 2JE3
£78.5K07/210.49 mi62, James Street, Grimsby, North East Lincolnshire DN31 2JE3

Local Rents

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

RentDateDistanceAddressBeds 
£62504/240.02 mi-3
£62503/240.02 miTennyson Street, Grimsby, DN313
£94004/240.03 miMacaulay Park, Grimsby, DN313
£99004/240.03 miMacaulay Park, Grimsby, DN313
£60010/240.03 mi-3
£67511/240.05 mi-3
£49507/230.05 mi-3
£57503/240.13 miAiredale Way, Grimsby3
£99004/240.14 miMacaulay Park, Grimsby, DN313
£99003/240.15 miMacaulay Park, Grimsby, DN313
£93003/240.2 miMacaulay Park, Grimsby, DN313
£93003/240.2 miMacaulay Park, Grimsby, DN313
£96503/240.2 miMacaulay Park, Grimsby, DN313
£96503/240.2 miMacaulay Park, Grimsby, DN313
£95503/240.21 miMacaulay Park, Grimsby, DN313
£99003/240.21 miMacaulay Park, Grimsby, DN313
£93003/240.22 miMacaulay Park, Grimsby, DN313
£93003/240.22 miMacaulay Park, Grimsby, DN313
£55003/240.26 miAnderson Street, Grimsby3
£60004/240.34 miCartergate, Grimsby, Lincolnshire, DN313
£52503/240.34 miCorporation Road, Grimsby3
£52503/240.34 miHaycroft Street, Grimsby3
£53503/240.38 miRipon Street, Grimsby, N E Lincolnshire, DN313
£48503/240.39 miHenry Street, Grimsby, DN31 2JB3
£56301/240.39 mi-3
£56304/240.39 mi-3
£56006/240.42 mi-3
£59503/240.42 miJames Street, Grimsby, South Humberside, DN313
£59503/240.44 miCorporation Road, Grimsby3
£55004/240.44 miLord Street, Grimsby3
£62502/240.46 mi-3
£62502/240.46 mi-3
£62504/240.46 mi-3
£55004/240.47 miCorporation Road, Grimsby3
£56303/240.48 mi-3
£56307/240.48 mi-3
£60003/240.49 miLawrence Street, Grimsby3
£64508/240.52 mi-3
£68004/240.55 mi-3
£65003/240.55 miMacaulay Street, Grimsby, DN313
£75002/240.55 mi-3
£75003/240.55 miHainton Avenue, Grimsby3
£46212/230.55 mi-3
£57504/240.56 mi-3
£60004/240.56 mi-3
£79503/240.57 miManor Avenue, Grimsby, Lincolnshire, DN323
£63001/240.59 mi-3
£64009/240.59 mi-3
£74503/240.6 mi-3
£55003/240.61 miLancaster Avenue, Grimsby3

Local Area Statistics

Population in DN31

9,598

Population in Grimsby

124,581

Town centre distance

0.91 miles away

Nearest school

0.10 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £82,950

December 23, 2024

Sold for £69,950

2006

Sold for £41,500

2003

Sold for £22,250

2002

Floor Plans

Description

  • 3 Bedroomed Terraced House +
  • Close Proximity to Grimsby Town Centre +
  • 2 Separate Reception Rooms +
  • Private Front and Rear gardens +
  • Excellent First Time Home +
  • Good Addition To Any Portfolio +
  • UPVC Double Glazing +
  • Gas Central Heating +

Conveniently positioned in close proximity to Grimsby Town Centre, this 3 bedroom house would make the perfect first time home or addition to any buy to let investors portfolio.
Benefitting from front and rear gardens as well as 2 separate reception rooms, the property offers excellent internal and external space.
View now to make this house your home.

Agent Details

Jackson Green & Preston, Grimsby

01472 404357

Next Steps?

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