2 Bed Bungalow, Single Let, Grimsby, DN34 5SB, £145,000

Longfield Road, Grimsby, Lincolnshire, DN34 5SB - 1 views - 2 months ago

BTL
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£68K - £215K
Sold Prices/m²£1.1K/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£132,655

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,450

Total Cash In

£44,700

 

 

Cash Out

 

Rent Range

£495 - £750

Rent Estimate

£531

Running Costs/mo

£579

Cashflow/mo

£-48

Cashflow/yr

£-580

Gross Yield

4%

Local Sold Prices

50 sold prices from £68K to £215K, average is £118K. £1.1K/m² to £2.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£119K12/200.03 mi27, Longfield Road, Grimsby, Humberside DN34 5SB2
£119.5K01/230.03 mi17, Longfield Road, Grimsby, North East Lincolnshire DN34 5SB2
£125K08/210.05 mi498, Laceby Road, Grimsby, North East Lincolnshire DN34 5NU2
£120K06/210.15 mi12, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PJ2
£159.9K03/230.15 mi28, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PJ2
£130K08/210.15 mi32, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PJ2
£165K12/220.16 mi49, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PH2
£200K07/230.19 mi4, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ2
£178K07/210.19 mi2, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ2
£215K03/230.19 mi27, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ2
£83K12/200.25 mi34, St Ives Crescent, Grimsby, North East Lincolnshire DN34 5SJ2
£168K08/210.26 mi96, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PQ2
£115K10/220.26 mi19, Revesby Avenue, Grimsby, North East Lincolnshire DN34 5JW2
£129K02/230.27 mi26, Revesby Avenue, Grimsby, North East Lincolnshire DN34 5JW2
£95K06/210.29 mi14, St Ives Crescent, Grimsby, North East Lincolnshire DN34 5SL2
£118K10/200.31 mi9, Crowland Avenue, Grimsby, North East Lincolnshire DN34 5JN2
£150K11/220.36 mi14, Ellesmere Rise, Grimsby, North East Lincolnshire DN34 5PE2
£130K10/200.37 mi162, Broadway, Grimsby, Humberside DN34 5QH2
£100K11/200.37 mi83, Orion Way, Grimsby, North East Lincolnshire DN34 5TZ2
£100K11/200.37 mi83, Orion Way, Grimsby, North East Lincolnshire DN34 5TZ2
£160K11/220.37 mi4, Ellesmere Rise, Grimsby, North East Lincolnshire DN34 5PE2
£130K12/200.37 mi3, Ellesmere Rise, Grimsby, North East Lincolnshire DN34 5PE2
£122.5K12/200.39 mi13, Hill Top Place, Grimsby, North East Lincolnshire DN34 5PF2
£129.9K05/220.39 mi17, Rockingham Crescent, Grimsby, North East Lincolnshire DN34 5XA2
£94K06/210.4 mi61, Belleisle Road, Grimsby, North East Lincolnshire DN34 5QY2
£140K04/210.4 mi35, Barry Avenue, Grimsby, North East Lincolnshire DN34 5LS2
£119.2K09/210.41 mi17, Rockingham Crescent, Grimsby, North East Lincolnshire DN34 5XA2
£105K05/210.41 mi5, Rockingham Crescent, Grimsby, North East Lincolnshire DN34 5XA2
£118.5K07/230.41 mi9, Rockingham Crescent, Grimsby, North East Lincolnshire DN34 5XA2
£85K12/200.41 mi119, Nelson Way, Grimsby, North East Lincolnshire DN34 5UJ2
£110K02/230.41 mi16, Belleisle Road, Grimsby, North East Lincolnshire DN34 5QZ2
£90K04/210.42 mi74, Orion Way, Grimsby, North East Lincolnshire DN34 5UF2
£118K06/210.42 mi110, Orion Way, Grimsby, North East Lincolnshire DN34 5UF2
£110K02/230.48 mi23, Yardley Way, Grimsby, North East Lincolnshire DN34 5UQ2
£87.5K01/230.48 mi9, Yardley Way, Grimsby, North East Lincolnshire DN34 5UQ2
£125K08/230.54 mi25, Stratford Avenue, Grimsby, North East Lincolnshire DN33 1EN2
£85K11/200.54 mi24, Stratford Avenue, Grimsby, North East Lincolnshire DN33 1EN2
£109K03/210.56 mi26, Malvern Avenue, Grimsby, North East Lincolnshire DN33 1EQ2
£89K02/210.58 mi16, Spratton Court, Grimsby, North East Lincolnshire DN34 5UN2
£102K05/230.58 mi4, Spratton Court, Grimsby, North East Lincolnshire DN34 5UN2
£90K01/210.58 mi13, Maidwell Way, Grimsby, North East Lincolnshire DN34 5UP2
£68K10/230.6 mi77, Columbus Way, Grimsby, North East Lincolnshire DN33 1RR2
£117.5K04/230.63 mi10, Foxglove Gardens, Grimsby, North East Lincolnshire DN34 5XN2
£97.5K03/210.63 mi24, Queens Court, Grimsby, North East Lincolnshire DN34 5TT2
£114K01/230.63 mi2, Foxglove Gardens, Grimsby, North East Lincolnshire DN34 5XN2
£85K12/220.64 mi8, Peterhouse Road, Grimsby, North East Lincolnshire DN34 5UX2
£118K04/210.64 mi79, Peterhouse Road, Grimsby, North East Lincolnshire DN34 5UX2
£85K01/230.65 mi30a, Rosemary Avenue, Grimsby, North East Lincolnshire DN34 4JN2
£166K12/220.7 miRotherby, Church Lane, Bradley, Grimsby, North East Lincolnshire DN37 0AE2
£95K01/210.7 mi33, Clare Court, Grimsby, North East Lincolnshire DN34 5UU2

Local Rents

14 rents from £495/mo to £750/mo, average is £585/mo.

RentDateDistanceAddressBeds 
£68003/240.31 miBroadway, Grimsby, Lincolnshire, DN342
£59511/240.4 mi-2
£57504/240.4 miNelson Way, Grimsby2
£56012/230.45 mi-2
£55008/230.57 mi-2
£75004/240.72 miGirton Road, Grimsby2
£60003/250.77 mi-2
£49501/240.81 mi-2
£50001/250.81 mi-2
£65003/241.08 mi-2
£55003/241.11 miSecond Avenue, Grimsby2
£55003/241.11 miSecond Avenue, Grimsby2
£68503/241.14 miPatchett Close, Scartho Top, Grimsby, Lincolnshire, DN332
£72004/241.17 miWalsh Gardens, Scartho Top, Grimsby, NE Lincolnshire, DN332

Local Area Statistics

Population in DN34

19,205

Population in Grimsby

124,581

Town centre distance

1.38 miles away

Nearest school

0.30 miles away

Nearest train station

1.70 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Price changed to £145,000

March 4, 2025

Listed for £150,000

January 8, 2025

Floor Plans

Description

  • Charming 2-bedroom bungalow +
  • Spacious lounge with large window +
  • Multifuel burner fireplace +
  • Built-in bedroom storage +
  • Extended kitchen diner +
  • Fully boarded loft room +
  • Off-road parking available +
  • Garage with power and workbench +
  • Attached potting shed +
  • Private courtyard and gardens +

We are pleased to present this charming 2-bedroom semi-detached bungalow for sale. The property is in good condition, carrying an EPC rating of D and falls within Council Tax Band B.

Upon entering, there is a welcoming entrance hall with a built-in storage cupboard, providing an ideal space for keeping household essentials. The property features one reception room - a spacious lounge area with a large window that overlooks the front garden, bathing the room in natural light. The room is also adorned with a striking multifuel burner fireplace installed in 2022, creating a warm and inviting atmosphere, perfect for both relaxing and entertaining.

The property features two comfortable bedrooms, both equipped with built-in storage to maximise space and functionality. The single bathroom is practical and convenient, featuring an electric shower over the bath.

The heart of the home is the extended kitchen diner, fitted with base and wall units for ample storage and workspace. It also includes plumbing for both a washing machine and dishwasher. A hidden gem in this property is a fully boarded and carpeted loft room, accessible via a drop-down ladder in the central hallway. It comes with power points within built-in cupboards, offering versatility as an additional living space, home office, or hobby room.

Externally, the property offers off-road parking at both the front and rear/side, a garage with power installed and a workbench along the rear, perfect for storage or DIY projects. Attached to the garage is a potting shed, catering to gardening enthusiasts, and a tranquil private courtyard. The property's charm is further enhanced by lawned areas and raised flower beds at the side and front.

Conveniently situated within easy access of local amenities and schools, this property offers a desirable residence within a friendly community.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

GRI240095/2

Agent Details

Reeds Rains, Grimsby

01472 404505

Next Steps?

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