2 Bed Terraced House, Single Let, Grimsby, DN31 2EF, £55,000

211 Haycroft Street, Grimsby - 1 views - 2 months ago

BTL
ROI: 14%
69 m²
+1 photos

ValuationUndervalued

Sold Prices£39K - £190K
Sold Prices/m²£591/m² - £2K/m²

 

 

Square Metres

69 m²
Price/m²£797/m²

Value Estimate

£66,331
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£2,850

Total Cash In

£16,600

 

 

Cash Out

 

Rent Range

£450 - £950

Rent Estimate

£487

Running Costs/mo

£289

Cashflow/mo

£198

Cashflow/yr

£2,373

ROI

14%

Gross Yield

11%

Local Sold Prices

50 sold prices from £39K to £190K, average is £68.5K. £591/m² to £2K/m², average is £961/m².

PriceDateDistanceAddressBeds 
£62K08/210.01 mi148, Haycroft Street, Grimsby, Humberside DN31 2ED2
£85K05/210.05 mi15, Bramble Close, Grimsby, North East Lincolnshire DN31 2DB2
£73.5K10/200.05 mi8, Bramble Close, Grimsby, North East Lincolnshire DN31 2DB2
£95K04/220.05 mi11, Bramble Close, Grimsby, North East Lincolnshire DN31 2DB2
£115K12/210.07 mi3, Bramble Close, Grimsby, North East Lincolnshire DN31 2DB2
£62K10/210.07 mi43, Lawson Avenue, Grimsby, North East Lincolnshire DN31 2EN2
£62K10/210.07 mi43, Lawson Avenue, Grimsby, North East Lincolnshire DN31 2EN2
£83K08/230.07 mi5, Wells Street, Grimsby, North East Lincolnshire DN31 2DG2
£58K07/230.07 mi19, Haycroft Avenue, Grimsby, North East Lincolnshire DN31 2DY2
£117.7K03/230.09 mi10, Harrison Street, Grimsby, North East Lincolnshire DN31 2DX2
£90K01/230.13 mi14, Fairfax Road, Grimsby, North East Lincolnshire DN34 4AP2
£60.5K07/210.14 mi34, Haycroft Avenue, Grimsby, North East Lincolnshire DN31 2HN2
£49K03/210.14 mi99, Macaulay Street, Grimsby, North East Lincolnshire DN31 2DS2
£53.5K01/230.15 mi57, Macaulay Street, Grimsby, North East Lincolnshire DN31 2DS2
£90K07/230.15 mi44, Fairfax Road, Grimsby, North East Lincolnshire DN34 4AP2
£75K02/210.15 mi20, Fairfax Road, Grimsby, Humberside DN34 4AP2
£90K12/200.16 mi23, Fairfax Road, Grimsby, North East Lincolnshire DN34 4AW2
£53K10/200.18 mi28, Ripon Street, Grimsby, North East Lincolnshire DN31 2HG2
£68K06/210.18 mi82, James Street, Grimsby, North East Lincolnshire DN31 2JE2
£60K02/210.18 mi39, James Street, Grimsby, Humberside DN31 2JE2
£63K10/200.19 mi45, Veal Street, Grimsby, North East Lincolnshire DN31 2HF2
£54K02/210.19 mi13, Veal Street, Grimsby, North East Lincolnshire DN31 2HF2
£85K07/210.2 mi250, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EP2
£79K07/230.21 mi77, Lister Street, Grimsby, North East Lincolnshire DN31 2JW2
£92K12/220.21 mi59, Lister Street, Grimsby, North East Lincolnshire DN31 2JW2
£62K03/230.22 mi146, Lord Street, Grimsby, North East Lincolnshire DN31 2NQ2
£69K09/210.22 mi102, Lord Street, Grimsby, North East Lincolnshire DN31 2NG2
£87K02/210.25 mi31, Earl Street, Grimsby, North East Lincolnshire DN31 2NB2
£39K02/230.26 mi91, Lime Street, Grimsby, North East Lincolnshire DN31 2HJ2
£190K01/210.26 mi6, The Spinney, Grimsby, North East Lincolnshire DN34 4NS2
£58K02/210.26 mi62, Ripon Street, Grimsby, Humberside DN31 2HQ2
£60K03/230.26 mi1, Richard Street, Grimsby, North East Lincolnshire DN31 2PE2
£77K11/220.27 mi68, Ripon Street, Grimsby, North East Lincolnshire DN31 2HQ2
£64K07/230.27 mi40, James Street, Grimsby, North East Lincolnshire DN31 2JD2
£71K10/210.27 mi11, Sidney Road, Grimsby, North East Lincolnshire DN34 4AU2
£86.5K05/230.27 mi27, Sidney Road, Grimsby, North East Lincolnshire DN34 4AU2
£55K10/200.29 mi15, Dover Street, Grimsby, North East Lincolnshire DN31 2HH2
£46.5K12/200.29 mi8, Dover Street, Grimsby, North East Lincolnshire DN31 2HH2
£60K04/230.29 mi50, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PB2
£67.5K12/220.3 mi221, Cromwell Road, Grimsby, North East Lincolnshire DN31 2BE2
£90K07/210.3 mi237, Cromwell Road, Grimsby, North East Lincolnshire DN31 2BE2
£88K10/210.31 mi11, Crescent Street, Grimsby, North East Lincolnshire DN31 2HB2
£63K11/220.31 mi43, Bowers Avenue, Grimsby, North East Lincolnshire DN31 2BG2
£70.5K02/230.31 mi78, Earl Street, Grimsby, North East Lincolnshire DN31 2PW2
£56K06/210.31 mi91, Earl Street, Grimsby, North East Lincolnshire DN31 2PJ2
£53K06/210.32 mi93, Haven Avenue, Grimsby, North East Lincolnshire DN31 2NX2
£48.5K02/210.32 mi96, Haven Avenue, Grimsby, Humberside DN31 2NX2
£95K06/230.32 mi23, Clark Avenue, Grimsby, North East Lincolnshire DN31 2BQ2
£72K11/210.32 mi43, Clark Avenue, Grimsby, North East Lincolnshire DN31 2BQ2
£69K08/210.32 mi44, Clark Avenue, Grimsby, North East Lincolnshire DN31 2BQ2

Local Rents

52 rents from £450/mo to £950/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£52508/240.01 mi-2
£55002/250.01 mi-2
£67503/240.05 miBramble Close, Grimsby2
£55003/240.07 miHaycroft Avenue, Grimsby2
£50003/240.08 mi-2
£45003/240.11 miLynton Parade, Grimsby2
£62503/240.13 miMacaulay Street, Grimsby, Lincolnshire, DN312
£49003/240.14 miHaycroft Avenue, Grimsby2
£55003/240.14 miMacaulay Street, Grimsby, DN312
£55005/240.15 miMacaulay Street, Grimsby2
£60003/240.16 miLittle Michael Street, Grimsby2
£52503/240.17 miHaycroft Street, Grimsby, Lincolnshire, DN312
£50003/250.17 mi-2
£55003/240.18 miSaunders Street, Grimsby, Lincolnshire, DN312
£49503/240.18 miRipon Street, Grimsby2
£57504/240.19 miRipon Street, Grimsby, Lincolnshire, DN312
£62503/240.22 miLister Street, Grimsby2
£56411/240.24 mi-2
£63008/230.27 mi-2
£57503/240.27 miJoseph Street, Grimsby, Lincolnshire, DN312
£45003/240.27 miQueens Parade, Grimsby, DN312
£65001/240.28 mi-2
£65001/240.28 mi-2
£95004/240.28 miPelham Road, Grimsby, DN342
£53503/240.29 mi-2
£53503/240.29 mi-2
£48503/240.29 miDover Street, Grimsby2
£65003/250.29 mi-2
£60003/240.3 mi8 Bowers Avenue, Grimsby2
£60003/240.3 miBowers Avenue, Grimsby2
£45002/250.32 mi-2
£52011/240.32 mi-2
£59510/230.32 mi-2
£60003/240.33 miBoulevard Avenue, Grimsby2
£65004/240.36 miWaterside Drive, Grimsby2
£75003/240.36 miPelham Road, Grimsby2
£69503/240.36 miPelham Road, Grimsby, NE Lincolnshire, DN342
£62504/240.36 miPelham Road, Grimsby, North East Lincolnshire, DN342
£75003/250.38 mi-2
£75002/250.38 mi-2
£75003/250.38 mi-2
£75003/250.38 mi-2
£84004/240.39 miMacaulay Park, Grimsby, DN312
£84003/240.39 miDane Park, Hull, HU62
£59504/240.39 miWaterside Drive, Grimsby, Lincolnshire, DN312
£64512/230.42 mi-2
£65006/240.42 mi-2
£85004/240.45 miMacaulay Park, Grimsby, DN312
£85004/240.45 miMacaulay Park, Grimsby, DN312
£60003/240.47 miFinchley Court, Grimsby, Lincolnshire, DN312
£58001/240.51 mi-2
£59510/240.51 mi-2

Local Area Statistics

Population in DN31

9,598

Population in Grimsby

124,581

Town centre distance

0.62 miles away

Nearest school

0.20 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £55,000

January 17, 2025

Floor Plans

Description

  • Terraced House +
  • Two Bedrooms +
  • Kitchen & Bathroom +
  • Currently LET +
  • uPVC DG & GCH +

Introducing a traditional terraced house for sale, ideally situated within proximity to public transport links, local amenities, and the town centre. This property is particularly attractive for investors, currently let for £110 per week, providing an excellent return on investment. The property comprises a well-arranged two-bedroom layout, offering ample living space. A single reception room serves as a comfortable area for relaxation and entertainment. The home is equipped with one kitchen, providing all the necessary facilities for home cooking. The property also includes a single bathroom, ensuring convenience for all residents. The property is also uPVC double glazed and gas central heated, ensuring a warm and cosy living environment during the colder months. In summary, this two-bedroom terraced house for sale offers a unique blend of convenience, and investment potential. It is ideally suited to investors looking for a high-yield property in a popular location. EPC rating: D. Tenure: Freehold,

Agent Details

Lovelle, Grimsby

01472 404571

Next Steps?

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