2 Bed Terraced House, Single Let, Grimsby, DN33 1BF, £139,500

9 Gervase Holles Way, Grimsby, North East Lincolnshire, DN33 1BF - 4 views - 2 months ago

BTL
77 m²
+5 photos

ValuationUndervalued

Sold Prices£68K - £235K
Sold Prices/m²£947/m² - £3.1K/m²

 

 

Square Metres

77 m²
Price/m²£1.8K/m²

Value Estimate

£148,633
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,875

Stamp Duty & Legal Fees

£5,385

Total Cash In

£40,260

 

 

Cash Out

 

Rent Range

£450 - £1,250

Rent Estimate

£475

Running Costs/mo

£551

Cashflow/mo

£-76

Cashflow/yr

£-911

Gross Yield

4%

Local Sold Prices

45 sold prices from £68K to £235K, average is £125K. £947/m² to £3.1K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£105K05/210.28 mi143, Milton Road, Grimsby, North East Lincolnshire DN33 1DD2
£136K05/230.49 mi46, Wren Crescent, Scartho Top, Grimsby, North East Lincolnshire DN33 3RB2
£90K06/220.56 mi105, Crosby Road, Grimsby, North East Lincolnshire DN33 1LT2
£154K02/210.56 mi56, Westward Ho, Grimsby, North East Lincolnshire DN34 5AE2
£152K09/210.58 mi4, Halton Way, Grimsby, North East Lincolnshire DN34 5EU2
£125K11/210.58 mi16, Halton Way, Grimsby, North East Lincolnshire DN34 5EU2
£114.5K01/210.6 mi13, Belgrave Road, Scartho Top, Grimsby, North East Lincolnshire DN33 3RS2
£121.5K08/210.6 mi29, Belgrave Road, Scartho Top, Grimsby, North East Lincolnshire DN33 3RS2
£114.5K11/200.6 mi6, Belgrave Road, Scartho Top, Grimsby, North East Lincolnshire DN33 3RS2
£116K10/200.6 mi30, Belgrave Road, Scartho Top, Grimsby, North East Lincolnshire DN33 3RS2
£147K06/220.62 mi34, Buckingham Grove, Scartho Top, Grimsby, North East Lincolnshire DN33 3RR2
£121K06/230.62 mi36, Buckingham Grove, Scartho Top, Grimsby, North East Lincolnshire DN33 3RR2
£117K06/210.63 mi7, Bloomsbury Gardens, Grimsby, North East Lincolnshire DN33 3RU2
£115K09/210.63 mi5, Bloomsbury Gardens, Grimsby, North East Lincolnshire DN33 3RU2
£140K02/230.64 mi4, Gill Court, Scartho Top, Grimsby, North East Lincolnshire DN33 3SH2
£172K11/220.64 mi10, Pagehall Close, Grimsby, North East Lincolnshire DN33 2HF2
£190K03/210.66 mi42, Pasture Lane, Scartho Top, Grimsby, North East Lincolnshire DN33 3TF2
£134K06/230.67 mi2, Hyde Park Close, Scartho Top, Grimsby, North East Lincolnshire DN33 3SR2
£137.5K02/230.67 mi11, Vincent Road, Grimsby, North East Lincolnshire DN33 3SF2
£133K12/200.68 mi43, The Oval, Grimsby, North East Lincolnshire DN33 3NN2
£139K04/210.68 mi15, The Oval, Grimsby, North East Lincolnshire DN33 3NN2
£85K07/210.69 mi110, Winchester Avenue, Grimsby, North East Lincolnshire DN33 1HL2
£123.5K03/210.71 mi6, Pennistone Place, Scartho Top, Grimsby, North East Lincolnshire DN33 3SS2
£106K09/210.72 mi23, Rudham Avenue, Grimsby, North East Lincolnshire DN32 0AX2
£235K04/210.75 mi4, Sophia Avenue, Grimsby, North East Lincolnshire DN33 3NH2
£120K11/210.75 mi4c, Welholme Avenue, Grimsby, North East Lincolnshire DN32 0HP2
£141K05/230.75 mi8, Edinburgh Way, Scartho Top, Grimsby, North East Lincolnshire DN33 3TG2
£143K09/230.76 mi3, Amberley Close, Scartho Top, Grimsby, North East Lincolnshire DN33 3TJ2
£175K10/200.76 mi82, Pelham Avenue, Grimsby, North East Lincolnshire DN33 3NQ2
£75.5K11/200.76 mi120, Crosby Road, Grimsby, North East Lincolnshire DN33 1NA2
£109K03/210.77 mi26, Malvern Avenue, Grimsby, North East Lincolnshire DN33 1EQ2
£125K08/230.77 mi25, Stratford Avenue, Grimsby, North East Lincolnshire DN33 1EN2
£85K11/200.77 mi24, Stratford Avenue, Grimsby, North East Lincolnshire DN33 1EN2
£130K08/210.78 mi15, Pinfold Lane, Grimsby, North East Lincolnshire DN33 2EW2
£129.9K05/210.82 mi10, Sheldon Road, Scartho, Grimsby, North East Lincolnshire DN33 3GB2
£93.5K06/210.88 mi64, Brighowgate, Grimsby, North East Lincolnshire DN32 0QW2
£165K09/210.89 mi2, Alfred Terrace Mews, Grimsby, North East Lincolnshire DN32 0QY2
£133K09/200.89 mi4, Alfred Terrace Mews, Grimsby, North East Lincolnshire DN32 0QY2
£140K04/210.93 mi35, Barry Avenue, Grimsby, North East Lincolnshire DN34 5LS2
£94.5K08/210.94 mi93, Lambert Road, Grimsby, North East Lincolnshire DN32 0NR2
£79K05/210.96 mi13, Farebrother Street, Grimsby, North East Lincolnshire DN32 0NH2
£130K03/230.97 mi23, Carson Avenue, Grimsby, North East Lincolnshire DN34 4QX2
£120K10/200.99 mi178, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4PU2
£68K10/231 mi77, Columbus Way, Grimsby, North East Lincolnshire DN33 1RR2
£190K01/211 mi6, The Spinney, Grimsby, North East Lincolnshire DN34 4NS2

Local Rents

52 rents from £450/mo to £1.3K/mo, average is £623/mo.

RentDateDistanceAddressBeds 
£72503/240.06 miGervase Holles Way, Scartho, Grimsby, DN332
£55003/240.2 miSecond Avenue, Grimsby2
£55003/240.2 miSecond Avenue, Grimsby2
£49501/240.53 mi-2
£50001/250.53 mi-2
£65003/240.63 mi-2
£68503/240.66 miPatchett Close, Scartho Top, Grimsby, Lincolnshire, DN332
£60004/240.7 miBargate, Grimsby, DN342
£72004/240.7 miWalsh Gardens, Scartho Top, Grimsby, NE Lincolnshire, DN332
£70003/240.76 miFenwick Road, Scartho Top, Grimsby2
£1,05009/230.76 mi-2
£59503/240.76 miAbbey Park Road, Grimsby2
£1,20010/230.76 mi-2
£1,10012/240.76 mi-2
£1,10001/250.76 mi-2
£80002/250.76 mi-2
£78008/240.81 mi-2
£62007/230.82 mi-2
£67503/240.82 miAbbey Park Mews, Grimsby, Lincolnshire, DN322
£1,25008/240.82 mi-2
£47504/240.88 miFlorence Street, Grimsby2
£47504/240.88 miFlorence Street, Grimsby2
£75003/250.94 mi-2
£75002/250.94 mi-2
£75003/250.94 mi-2
£75003/250.94 mi-2
£48003/240.95 miWelholme Road, Grimsby2
£75003/240.95 miPelham Road, Grimsby2
£69503/240.95 miPelham Road, Grimsby, NE Lincolnshire, DN342
£62504/240.95 miPelham Road, Grimsby, North East Lincolnshire, DN342
£67503/240.96 miAbbey Road, Grimsby, DN322
£57509/240.97 mi-2
£47503/240.97 miHainton Avenue, Grimsby, Lincolnshire, DN322
£64512/230.98 mi-2
£65006/240.98 mi-2
£48003/240.98 miAlgernon Street, Grimsby2
£95004/240.99 miPelham Road, Grimsby, DN342
£55004/241 miWintringham Road, Grimsby, North East Lincs, DN322
£75005/241.01 miBramley Close, Scartho2
£47503/241.02 miWintringham Road, Grimsby2
£52011/241.02 mi-2
£45502/251.03 mi-2
£55003/241.03 miWellowgate Mews, Grimsby2
£60003/241.08 miLittle Michael Street, Grimsby2
£45003/241.08 miQueens Parade, Grimsby, DN312
£65002/251.09 mi-2
£52509/231.09 mi-2
£52509/231.09 mi-2
£49508/231.11 mi-2
£49503/241.11 mi-2
£49503/241.11 mi-2
£59001/241.12 mi-2

Local Area Statistics

Population in DN33

19,406

Population in Grimsby

124,581

Town centre distance

0.63 miles away

Nearest school

0.20 miles away

Nearest train station

1.12 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £139,500

February 6, 2025

Floor Plans

Description

Fronting onto this modern development built in 2017 by Cyden Homes to their Jade Plus specification is this larger than average mid town house incorporating two excellent size double bedrooms. Selective updating by the current owner includes designer Karndean flooring, a refurbished staircase and oak panelled wooden doors to the ground floor. The accommodation comprises:- Canopied front porch with composite front door, open plan Lounge with a polished wood staircase, a superb modern Kitchen with a breakfast bar, a range of fitted appliances, and a separate Cloakroom/W.C. Upstairs there are two excellent size bedrooms and a bathroom with a white three piece suite. Outside there are two allocated parking spaces to the front (each extending to 16'6") whilst the rear garden has a block paved patio and is mainly gravelled for ease of maintenance, and there is a garden store and fencing to the perimeters ensuring privacy for the present owner. EPC Rating - B.

ENTRANCE PORCH
Smart canopied entrance porch with sensor lighting.

LOUNGE 4.83m (15'10") x 3.84m (12'7")
The composite front door leads directly into the spacious open plan lounge area which features Karndean designer flooring and a refurbished stained pine staircase leading to the first floor level, forming a useful open recess. There is a uPVC double glazed front window and a central heating radiator.

KITCHEN 3.81m (12'6") x 3.68m (12'1") max.
Fitted with a range of shaker style light woodgrain cabinets complemented by wood effect laminate worksurfaces incorporating a 1.5 bowl stainless steel sink with matching upstands. There is underlighting to the units and further useful breakfast bar. Built-in appliances include a Neff four ring gas hob with stainless steel backplate and extractor fan above and an electric stainless steel oven. There is space for a freestanding fridge freezer and plumbing for an automatic washing machine. The room has the benefit of tile effect ceramic flooring, a uPVC double glazed rear window, central heating radiator and further double glazed door onto the garden. We are advised that freestanding appliances are available by separate negotiation.

CLOAKROOM
Situated off the kitchen, fitted with a white suite comprising W.C, slimline pedestal handbasin with shelf above and a radiator.

LANDING
With a spelled balustrade, central heating radiator and access to the loft space.

BEDROOM ONE 5.03m (16'6") x 3.66m (12'0")
A spacious bedroom with two built-in storage cupboards, central heating radiator and a uPVC double glazed front window.

BEDROOM TWO 5.03m (16'6") x 2.69m (8'10")
An excellent size second bedroom with built-in storage cupboard, central heating radiator and a uPVC double glazed rear window.

BATHROOM
Featuring a white fitted suite comprising W.C, vanity unit with ceramic sink unit and monobloc tap and a 'P' shaped bath with thermostatic shower above. There is tiling to the lower walls, a chrome heated towel rail and vinyl flooring.

OUTSIDE
There are two allocated parking spaces to the front with a small low maintenance garden. A brick covered passageway to one side allows access into the rear garden. Well designed for ease of maintenance and, it features an attractive Indian slate patio, gravelled areas and fencing to the perimeters. The rear garden is primarily South facing, ideal for the Summer months. There is a wooden garden shed at the end of the garden, which is included in the sale.

GENERAL INFORMATION
Mains, gas, water, electricity and drainage are all connected and broadband speeds and availability can be assessed via Ofcom's checker website. Central heating comprises radiators as detailed above connected to the Ideal Logic Combi ESP1 30 located in the Kitchen and the property has the benefit of uPVC framed double glazing. The Local Authority is the North East Lincolnshire Council and is in Council Tax Band B. The property is Freehold subject to Solicitors verification.

VIEWINGS
Viewing is strictly by appointment through the Agents on Grimsby 311000.
A video walkthrough tour can be found on Rightmove and the Martin Maslin website.

LOCATION AND AMENITIES
Gervase Holles Way is located just off Cordeaux Drive. Local shops and amenities are within walking distance and regular buses serve the area.

Agent Details

Martin Maslin, Grimsby

01472 404338

Next Steps?

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