3 Bed Terraced House, Single Let, Grimsby, DN34 5NQ, £105,000

58 St Peters Avenue, Cleethorpes, Lincolnshire, DN35 8HP - 2 views - 2 months ago

Sold STC
BTL
ROI: 7%
~93 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£600 - £895

Rent Estimate

£669

Running Costs/mo

£482

Cashflow/mo

£187

Cashflow/yr

£2,245

ROI

7%

Gross Yield

8%













Local Rents

16 rents from £600/mo to £895/mo, average is £698/mo.

RentDateDistanceAddressBeds 
£72504/240.16 mi-3
£72504/240.16 miWroxham Avenue, Grimsby, DN343
£72503/240.18 miClarendon Road, Grimsby, DN343
£68502/250.2 mi-3
£68003/250.2 mi-3
£79503/240.42 mi-3
£89503/240.44 miStainton Drive, Grimsby, Lincolnshire, DN333
£72508/240.56 mi-3
£65011/230.56 mi-3
£67502/250.56 mi-3
£60012/230.57 mi-3
£69502/250.57 mi-3
£69503/240.57 mi-3
£67507/230.59 mi-3
£75008/240.61 mi-3
£70004/240.62 miToothill Gardens, Grimsby, North East Lincs, DN34 3

Local Area Statistics

Population in DN34

19,205

Population in Grimsby

124,581

Town centre distance

1.16 miles away

Nearest school

0.30 miles away

Nearest train station

1.64 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £105,000

January 7, 2025

Description

  • ATTENTION ALL INVESTMENT LANDLORDS +
  • MID TERRACE PROPERTY +
  • TWO RECEPTION ROOMS +
  • KITCHEN +
  • THREE BEDROOMS +
  • BATHROOM +
  • GAS CENTRAL HEATING +
  • uPVC DOUBLE GLAZING +
  • FRONT & REAR GARDENS +
  • NO FORWARD CHAIN +

We are delighted to offer for sale this THREE BEDROOM MID TERRACE PROPERTY situated within easy access of Grimsby town centre, Humber Bank and all local amenities. The accommodation benefits from gas central heating and uPVC double glazing with the accommodation comprising of; Entrance hallway, lounge, dining room, kitchen and to the first floor three bedrooms and family bathroom. Sitting with a walled low maintenance front garden and an enclosed rear garden with lawn and shingle patio area. Viewing is essential offered for sale with NO FORWARD CHAIN.

Measurements - All measurements are approximate.

Accommodation - .

Entrance - Accessed via a uPVC double glazed door with top light above into the hallway.

Hallway - Having coved ceiling, wood effect vinyl flooring, radiator and carpeted stairs with white wooden open spindle balustrade and handy under stairs storage cupboard.

Lounge - 4.02 x 3.80 (13'2" x 12'5") - To the front of the property with a uPVC double glazed bay window, coved ceiling, carpeted flooring and radiator.

Dining Room - 5.11 x 3.11 (16'9" x 10'2") - This great sized room offers ample space for a family dining table and three piece suite with, coved ceiling, carpeted flooring, radiator and uPVC double glazed French doors leading to the garden.

Kitchen - 3.35 x 2.52 (10'11" x 8'3") - Benefitting from a large range of white fronted wall and base units with contrasting worksurfaces, tiled splashbacks and incorporating a stainless steel sink and drainer, integrated fridge freezer, gas hob with extractor above and electric fan assisted oven. Ample space for an automatic washing machine. Finished with down lights to the ceiling, radiator, tiled effect vinyl flooring, dual aspect uPVC double glazed windows and uPVC double glazed door leading to the rear garden.

Kitchen - Additional Photograph

First Floor - .

First Floor Landing - Having continued carpeted flooring and white wooden open spindle balustrade. Loft access to the ceiling.

Bedroom One - 3.43 x 2.98 (11'3" x 9'9") - To the front of the property with a uPVC double glazed window, coved ceiling, carpeted flooring and radiator. Retaining the original fireplace.

Bedroom Two - 3.08 x 3.03 (10'1" x 9'11") - To the rear of the property with a uPVC double glazed window, carpeted flooring, radiator and built in storage cupboard housing the wall mounted boiler.

Bedroom Three - 1.97 x 1.79 (6'5" x 5'10") - To the front of the property with a uPVC double glazed window, carpeted flooring and radiator.

Bathroom - 1.95 x 1.76 (6'4" x 5'9") - Benefitting from a white three piece suite comprising of; Bath with shower over and glazed screen, pedestal hand wash basin and low flush wc. Finished down lights to the ceiling, tiled walls, wood effect vinyl flooring, heated towel rail and uPVC double glazed window to the rear aspect.

Outside -

Gardens - The property stands with a walled low maintenance front garden with wrought iron access gate. The rear garden is a great size with fenced boundaries and a wooden rear access gate and benefits from a lawn area and shingle rear patio. Timber shed for storage.

Garden - Additional Photograph

Tenure - Freehold - We are informed by the seller that the tenure of this property is Freehold. Confirmation / verification has been requested. Please consult us for further details.

Council Tax Band & Epc Rating - Council Tax Band -
EPC -

Viewing Arrangements - Please contact Joy Walker Estate Agents on to arrange a viewing on this property.

Opening Times - Monday - Friday 9.00 am to 5.15 pm. Saturday 9.00 am to 1.00 pm

Agent Details

Joy Walker Estate Agents, Cleethorpes

01472 404572

Next Steps?

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

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