2 Bed Terraced House, Single Let, Grimsby, DN31 2HH, £45,000

Dover Street, Grimsby, Lincolnshire, DN31 2HH - 6 views - 3 months ago

Sold STC
BTL
ROI: 20%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£39K - £190K
Sold Prices/m²£591/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£661/m²

Value Estimate

£54,900
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£11,250

Stamp Duty & Legal Fees

£2,550

Total Cash In

£13,800

 

 

Cash Out

 

Rent Range

£450 - £1,250

Rent Estimate

£491

Running Costs/mo

£259

Cashflow/mo

£232

Cashflow/yr

£2,786

ROI

20%

Gross Yield

13%

Local Sold Prices

50 sold prices from £39K to £190K, average is £73K. £591/m² to £2.4K/m², average is £975/m².

PriceDateDistanceAddressBeds 
£56K06/210.02 mi91, Earl Street, Grimsby, North East Lincolnshire DN31 2PJ2
£46.5K12/200.02 mi8, Dover Street, Grimsby, North East Lincolnshire DN31 2HH2
£70.5K02/230.03 mi78, Earl Street, Grimsby, North East Lincolnshire DN31 2PW2
£77K11/220.06 mi68, Ripon Street, Grimsby, North East Lincolnshire DN31 2HQ2
£58K02/210.06 mi62, Ripon Street, Grimsby, Humberside DN31 2HQ2
£76K10/200.1 mi43, Waterside Drive, Grimsby, North East Lincolnshire DN31 1RY2
£87.5K08/230.1 mi11, Waterside Drive, Grimsby, North East Lincolnshire DN31 1RY2
£71K10/200.1 mi33, Waterside Drive, Grimsby, North East Lincolnshire DN31 1RY2
£78K03/210.1 mi21, Waterside Drive, Grimsby, North East Lincolnshire DN31 1RY2
£91.5K04/230.1 mi67, Waterside Drive, Grimsby, North East Lincolnshire DN31 1RY2
£90K12/220.1 mi1, Waterside Drive, Grimsby, North East Lincolnshire DN31 1RY2
£39K02/230.1 mi91, Lime Street, Grimsby, North East Lincolnshire DN31 2HJ2
£54K02/210.1 mi13, Veal Street, Grimsby, North East Lincolnshire DN31 2HF2
£87K02/210.11 mi31, Earl Street, Grimsby, North East Lincolnshire DN31 2NB2
£69K09/210.12 mi102, Lord Street, Grimsby, North East Lincolnshire DN31 2NG2
£88K10/210.13 mi11, Crescent Street, Grimsby, North East Lincolnshire DN31 2HB2
£60K03/230.14 mi1, Richard Street, Grimsby, North East Lincolnshire DN31 2PE2
£53.5K01/230.17 mi57, Macaulay Street, Grimsby, North East Lincolnshire DN31 2DS2
£49K03/210.17 mi99, Macaulay Street, Grimsby, North East Lincolnshire DN31 2DS2
£60.5K07/210.18 mi34, Haycroft Avenue, Grimsby, North East Lincolnshire DN31 2HN2
£60K04/230.2 mi50, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PB2
£76K09/230.21 mi30, York Street, Grimsby, North East Lincolnshire DN31 1TR2
£62K03/230.21 mi146, Lord Street, Grimsby, North East Lincolnshire DN31 2NQ2
£117.7K03/230.22 mi10, Harrison Street, Grimsby, North East Lincolnshire DN31 2DX2
£58K07/230.23 mi19, Haycroft Avenue, Grimsby, North East Lincolnshire DN31 2DY2
£70K06/210.24 mi15, Jackson Street, Grimsby, North East Lincolnshire DN31 1TS2
£115K12/210.24 mi3, Bramble Close, Grimsby, North East Lincolnshire DN31 2DB2
£67K11/210.26 mi5, Tennyson Street, Grimsby, North East Lincolnshire DN31 1RJ2
£85K05/210.26 mi15, Bramble Close, Grimsby, North East Lincolnshire DN31 2DB2
£95K04/220.26 mi11, Bramble Close, Grimsby, North East Lincolnshire DN31 2DB2
£125K11/210.28 mi2, Freshney Drive, Grimsby, North East Lincolnshire DN31 1TP2
£64K07/230.28 mi40, James Street, Grimsby, North East Lincolnshire DN31 2JD2
£62K08/210.28 mi148, Haycroft Street, Grimsby, Humberside DN31 2ED2
£68K06/210.29 mi82, James Street, Grimsby, North East Lincolnshire DN31 2JE2
£60K02/210.29 mi39, James Street, Grimsby, Humberside DN31 2JE2
£53K06/210.32 mi93, Haven Avenue, Grimsby, North East Lincolnshire DN31 2NX2
£48.5K02/210.32 mi96, Haven Avenue, Grimsby, Humberside DN31 2NX2
£62K10/210.33 mi43, Lawson Avenue, Grimsby, North East Lincolnshire DN31 2EN2
£62K10/210.33 mi43, Lawson Avenue, Grimsby, North East Lincolnshire DN31 2EN2
£190K01/210.33 mi6, The Spinney, Grimsby, North East Lincolnshire DN34 4NS2
£83K08/230.36 mi5, Wells Street, Grimsby, North East Lincolnshire DN31 2DG2
£79K07/230.39 mi77, Lister Street, Grimsby, North East Lincolnshire DN31 2JW2
£92K12/220.39 mi59, Lister Street, Grimsby, North East Lincolnshire DN31 2JW2
£85K07/210.41 mi250, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EP2
£90K01/230.41 mi14, Fairfax Road, Grimsby, North East Lincolnshire DN34 4AP2
£165K09/210.42 mi2, Alfred Terrace Mews, Grimsby, North East Lincolnshire DN32 0QY2
£90K07/230.44 mi44, Fairfax Road, Grimsby, North East Lincolnshire DN34 4AP2
£75K02/210.44 mi20, Fairfax Road, Grimsby, Humberside DN34 4AP2
£93.5K06/210.44 mi64, Brighowgate, Grimsby, North East Lincolnshire DN32 0QW2
£90K12/200.45 mi23, Fairfax Road, Grimsby, North East Lincolnshire DN34 4AW2

Local Rents

52 rents from £450/mo to £1.3K/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£48503/240.02 miDover Street, Grimsby2
£65003/250.03 mi-2
£45002/250.03 mi-2
£65004/240.09 miWaterside Drive, Grimsby2
£53503/240.1 mi-2
£53503/240.1 mi-2
£57504/240.11 miRipon Street, Grimsby, Lincolnshire, DN312
£49503/240.12 miRipon Street, Grimsby2
£59504/240.15 miWaterside Drive, Grimsby, Lincolnshire, DN312
£85004/240.16 miMacaulay Park, Grimsby, DN312
£85004/240.16 miMacaulay Park, Grimsby, DN312
£55003/240.16 miSaunders Street, Grimsby, Lincolnshire, DN312
£50003/250.17 mi-2
£55005/240.17 miMacaulay Street, Grimsby2
£84004/240.17 miMacaulay Park, Grimsby, DN312
£84003/240.17 miDane Park, Hull, HU62
£55003/240.17 miMacaulay Street, Grimsby, DN312
£49003/240.17 miHaycroft Avenue, Grimsby2
£52503/240.18 miHaycroft Street, Grimsby, Lincolnshire, DN312
£58001/240.22 mi-2
£59510/240.22 mi-2
£62503/240.22 miMacaulay Street, Grimsby, Lincolnshire, DN312
£45003/240.22 miQueens Parade, Grimsby, DN312
£55003/240.23 miHaycroft Avenue, Grimsby2
£56411/240.24 mi-2
£67503/240.26 miBramble Close, Grimsby2
£52011/240.28 mi-2
£52508/240.29 mi-2
£55001/250.29 mi-2
£57503/240.32 miJoseph Street, Grimsby, Lincolnshire, DN312
£50003/240.32 mi-2
£95004/240.33 miPelham Road, Grimsby, DN342
£64512/230.33 mi-2
£65006/240.33 mi-2
£69503/240.35 miPelham Road, Grimsby, NE Lincolnshire, DN342
£62504/240.35 miPelham Road, Grimsby, North East Lincolnshire, DN342
£75003/240.35 miPelham Road, Grimsby2
£55003/240.35 miWellowgate Mews, Grimsby2
£75003/250.36 mi-2
£75002/250.36 mi-2
£75003/250.36 mi-2
£75003/250.36 mi-2
£65001/240.37 mi-2
£65001/240.37 mi-2
£60003/240.37 miBoulevard Avenue, Grimsby2
£60003/240.39 miLittle Michael Street, Grimsby2
£62503/240.39 miLister Street, Grimsby2
£45003/240.4 miLynton Parade, Grimsby2
£67503/240.47 miAbbey Road, Grimsby, DN322
£57509/240.5 mi-2
£1,25008/240.51 mi-2
£59503/240.51 miVictoria Wharf, Grimsby, DN312

Local Area Statistics

Population in DN31

9,598

Population in Grimsby

124,581

Town centre distance

0.67 miles away

Nearest school

0.20 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £45,000

January 23, 2025

Floor Plans

Description

  • End of Terrace +
  • 2 Bedrooms +
  • Great Investment Opportunity +
  • Updating Required +
  • Grimsby Location +
  • Modern Bathroom +
  • Viewing Essential +
  • EPC Rating - D, Council Tax Band - A +

This End of Terrace property is an ideal investment opportunity, located within close proximity to Grimsby Town Centre. Offered for sale with NO ONWARD CHAIN, the property does require some updating but overall is well presented throughout.  Living accommodation is briefly comprised of: Living Room, Dining Room, Fitted Kitchen, Shower Room. Upstairs are Two Bedrooms, with one of the Bedrooms benefiting from W/C. There is a private and low maintenance garden to the rear with on street parking available. Early internal viewings are highly recommended on this ideal first time buy or investment opportunity.

Agent Details

Pygott & Crone, Grimsby

01472 404413

Next Steps?

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