3 Bed Terraced House, Single Let, Grimsby, DN36 4ZH, £187,500

Heathland Way, Humberston, DN36 4ZH - 3 months ago

BTL
ROI: 2%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£132K - £343K
Sold Prices/m²£1.7K/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£214,025
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,875

Stamp Duty & Legal Fees

£11,825

Total Cash In

£58,700

 

 

Cash Out

 

Rent Range

£725 - £1,000

Rent Estimate

£876

Running Costs/mo

£781

Cashflow/mo

£95

Cashflow/yr

£1,138

ROI

2%

Gross Yield

6%

Local Sold Prices

49 sold prices from £132K to £343K, average is £190K. £1.7K/m² to £3.1K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£170K06/220.09 mi10, Eagle Drive, Humberston, Grimsby, North East Lincolnshire DN36 4ZL3
£310K12/200.23 mi62, Humberston Avenue, Humberston, Grimsby, North East Lincolnshire DN36 4SS3
£343K07/210.29 mi41a, Humberston Avenue, Humberston, Grimsby, North East Lincolnshire DN36 4SW3
£188K01/210.37 mi56, Priors Close, New Waltham, Grimsby, North East Lincolnshire DN36 4RA3
£188.5K06/210.47 mi2, Findlay Crescent, New Waltham, Grimsby, North East Lincolnshire DN36 4QP3
£167K03/210.48 mi33, Peterson Drive, New Waltham, Grimsby, North East Lincolnshire DN36 4GZ3
£155K01/210.48 mi35, Peterson Drive, New Waltham, Grimsby, North East Lincolnshire DN36 4GZ3
£270K01/210.49 mi5, Strathmore Court, New Waltham, Grimsby, North East Lincolnshire DN36 4BS3
£155K07/210.49 mi13, Earl Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4NE3
£195K04/230.49 mi15, Earl Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4NE3
£140K06/210.5 mi13, Station Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4QS3
£250K01/230.5 mi39, Mellor Way, New Waltham, Grimsby, North East Lincolnshire DN36 4GW3
£157K10/230.56 mi3, Baron Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4NF3
£175K10/220.57 mi22, David Place, New Waltham, Grimsby, North East Lincolnshire DN36 4NT3
£185K08/210.57 mi50, Peaks Lane, New Waltham, Grimsby, North East Lincolnshire DN36 4NB3
£190K05/210.57 mi42, Peaks Lane, New Waltham, Grimsby, North East Lincolnshire DN36 4NB3
£200K08/230.58 mi11, Margaret Place, New Waltham, Grimsby, North East Lincolnshire DN36 4NR3
£279.9K09/210.6 mi3, Trafalgar Park, New Waltham, Grimsby, North East Lincolnshire DN36 4YP3
£149K03/230.61 mi16, Holme Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4QN3
£132K03/210.61 mi16, Holme Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4QN3
£182.5K11/200.66 mi44, Charles Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4PD3
£170K05/210.66 mi21, Greenlands Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4YE3
£159K11/210.67 mi29, Farmhouse Mews, New Waltham, Grimsby, North East Lincolnshire DN36 4YA3
£259.5K03/210.68 mi63, Peaks Lane, New Waltham, Grimsby, North East Lincolnshire DN36 4LZ3
£187.5K11/200.68 mi89, Peaks Lane, New Waltham, Grimsby, North East Lincolnshire DN36 4LZ3
£206.5K06/230.68 mi77, Peaks Lane, New Waltham, Grimsby, North East Lincolnshire DN36 4LZ3
£190K10/230.69 mi31, Pretymen Crescent, New Waltham, Grimsby, North East Lincolnshire DN36 4NU3
£200K10/230.69 mi51, Pretymen Crescent, New Waltham, Grimsby, North East Lincolnshire DN36 4NU3
£195K08/230.7 mi46, Pretymen Crescent, New Waltham, Grimsby, North East Lincolnshire DN36 4PB3
£255K06/230.72 mi258, Station Road, New Waltham, Grimsby, North East Lincolnshire DN36 4PE3
£215K11/200.72 mi17, Pendeen Close, New Waltham, Grimsby, North East Lincolnshire DN36 4GQ3
£200K03/210.73 mi16, Moorland Drive, New Waltham, Grimsby, North East Lincolnshire DN36 4NQ3
£155K02/210.73 mi1a, Barbican Way, New Waltham, Grimsby, North East Lincolnshire DN36 4YN3
£184K11/220.75 mi32, Janton Court, New Waltham, Grimsby, North East Lincolnshire DN36 4LL3
£165K11/200.8 mi4, Weelsby View, New Waltham, Grimsby, North East Lincolnshire DN36 4LX3
£168K11/200.8 mi104, Peaks Avenue, New Waltham, Grimsby, North Lincolnshire DN36 4LT3
£190K11/210.82 mi83, Peaks Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4LP3
£220K06/210.82 mi8, St Clements Way, New Waltham, Grimsby, North East Lincolnshire DN36 4GU3
£195K02/230.82 mi5, Wayside Drive, New Waltham, Grimsby, North East Lincolnshire DN36 4LW3
£285K12/220.84 mi17, Maple Grove, New Waltham, Grimsby, North East Lincolnshire DN36 4PU3
£230K05/210.84 mi10, Lindisfarne Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4QB3
£255K04/230.84 mi15, Lindisfarne Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4QB3
£185K07/230.93 mi35, Glebe Road, Humberston, Grimsby, North East Lincolnshire DN36 4JP3
£190K09/210.93 mi3, Roladan Close, New Waltham, Grimsby, North East Lincolnshire DN36 4BL3
£190K06/210.94 mi22, Glebe Road, Humberston, Grimsby, North East Lincolnshire DN36 4JR3
£145K07/220.94 mi14, Glebe Road, Humberston, Grimsby, North East Lincolnshire DN36 4JR3
£160K03/210.94 mi8a, Lime Grove, Humberston, Grimsby, North East Lincolnshire DN36 4JW3
£145K10/220.99 mi78, Wilton Road, Humberston, Grimsby, North East Lincolnshire DN36 4AW3
£310K08/230.99 mi82, Tetney Road, Humberston, Grimsby, North East Lincolnshire DN36 4JJ3

Local Rents

18 rents from £725/mo to £1K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£92503/240.04 miGreen Lane, Humberston, GRIMSBY3
£89503/240.19 miParklands Avenue, Humberston, Grimsby, Lincolnshire, DN363
£89504/240.45 mi-3
£89503/240.45 miHarvey Walk, New Waltham, DN363
£88504/240.48 miStation Avenue, New Waltham, Lincolnshire, DN363
£87508/240.48 mi-3
£89505/240.48 miPeterson Drive, Grimsby, DN363
£82502/240.61 mi-3
£89503/250.61 mi-3
£92503/240.69 miAlder Avenue, Humberston, Grimsby, Lincolnshire, DN363
£72510/230.94 mi-3
£92503/241 miBecklands Avenue, New Waltham, Grimsby3
£99504/241.13 miWellington Avenue, New Waltham3
£92505/241.14 miChurch Close, Holton Le Clay, DN363
£1,00008/241.16 mi-3
£89504/241.2 miQueen Elizabeth Road, Humberston, Grimsby3
£92504/241.24 miFern Close, Humberston, Grimsby, DN363
£90503/241.24 miFern Close, Humberston, Grimsby, Lincolnshire, DN363

Local Area Statistics

Population in DN36

19,164

Population in Grimsby

124,581

Town centre distance

3.06 miles away

Nearest school

0.40 miles away

Nearest train station

2.92 miles away

 

 

Rental growth (12m)

-31%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £187,500

January 29, 2025

Floor Plans

Description

  • Three-bedroom end-link home, built in 2021 +
  • Located on the popular Millennium Farm development +
  • Living room and kitchen-diner +
  • Downstairs WC and family bathroom +
  • Top-floor master bedroom +
  • Off-road parking at the front +
  • Enclosed, low-maintenance rear garden +
  • Close to schools and Cleethorpes Seafront +

Modern Three-Bedroom End Link Home on the Popular Millennium Farm Development Situated on the sought-after Millennium Farm development off Humberston Avenue, this three-bedroom end-link property, built in 2021, is offered for sale with the majority of its original new-build warranty still in place. Perfect for first-time buyers, investors, or small families, the property is conveniently located near excellent schools and just a short drive from Cleethorpes Seafront. The current owners have tastefully enhanced and upgraded the home, making it a must-see. The accommodation is set over three floors. On the ground floor, there is a welcoming living room, a stylish kitchen-diner, and a convenient downstairs cloakroom/WC. The first floor features two generously sized double bedrooms and a family bathroom, while the top floor offers a spacious master bedroom that provides both privacy and charm. Externally, the property benefits from off-road parking with two car parking spaces available at the front and an enclosed, low-maintenance rear garden, perfect for outdoor enjoyment. Viewing is highly recommended to appreciate everything this modern home has to offer. EPC rating: B. Tenure: Freehold,

Agent Details

Lovelle, Humberston

01472 404552

Next Steps?

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