3 Bed Semi-Detached House, Single Let, Grimsby, DN34 5BZ, £115,000

Chelmsford Avenue, Grimsby, Lincolnshire, DN34 5BZ - 1 views - a month ago

Auction
BTL
ROI: 5%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£69K - £220K
Sold Prices/m²£1K/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£141,181
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£600 - £900

Rent Estimate

£650

Running Costs/mo

£509

Cashflow/mo

£141

Cashflow/yr

£1,688

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £69K to £220K, average is £125K. £1K/m² to £2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£127.5K06/210.04 mi164, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5DB3
£95K08/230.05 mi124, Carnforth Crescent, Grimsby, North East Lincolnshire DN34 5EF3
£105K07/210.05 mi104, Carnforth Crescent, Grimsby, North East Lincolnshire DN34 5EF3
£120K08/210.07 mi139, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5BZ3
£127K07/210.07 mi163, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5BZ3
£132.5K01/230.07 mi136, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5DA3
£87.5K05/210.11 mi10, Eastern Inway, Grimsby, North East Lincolnshire DN34 5HF3
£125K10/210.14 mi174, Westward Ho, Grimsby, North East Lincolnshire DN34 5EN3
£140K09/210.16 mi53, Worcester Avenue, Grimsby, North East Lincolnshire DN34 5HN3
£162.5K05/230.16 mi42, Cambridge Road, Grimsby, North East Lincolnshire DN34 5EA3
£119.5K07/210.17 mi17, Western Outway, Grimsby, North East Lincolnshire DN34 5HE3
£117K11/210.18 mi27, Eastern Inway, Grimsby, North East Lincolnshire DN34 5HH3
£102K10/200.18 mi22, Eastern Inway, Grimsby, North East Lincolnshire DN34 5HH3
£108K09/230.19 mi14, Westhill Road, Grimsby, North East Lincolnshire DN34 4SF3
£125K03/210.2 mi227, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5BY3
£157K02/230.2 mi225, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5BY3
£135K05/230.21 mi114a, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SD3
£117K11/210.21 mi100, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SD3
£90K11/200.21 mi88, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SD3
£69K02/210.21 mi100, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SD3
£180K11/210.21 mi262, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5DF3
£90K12/200.21 mi91, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SE3
£96K01/210.21 mi53, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SE3
£85.1K06/210.21 mi93, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SE3
£147.5K03/230.22 mi27, Western Outway, Grimsby, North East Lincolnshire DN34 5EX3
£126K08/210.22 mi35, Western Outway, Grimsby, North East Lincolnshire DN34 5EX3
£119K01/230.22 mi59, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SE3
£159K12/200.22 mi14, Norwich Avenue, Grimsby, North East Lincolnshire DN34 5ET3
£102K07/210.24 mi16, Worcester Avenue, Grimsby, North East Lincolnshire DN34 5HB3
£220K05/230.25 mi233, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 5BX3
£165K01/210.26 mi186, Laceby Road, Grimsby, North East Lincolnshire DN34 5DP3
£179.9K05/210.26 mi200, Laceby Road, Grimsby, North East Lincolnshire DN34 5DP3
£165K01/230.26 mi216, Laceby Road, Grimsby, North East Lincolnshire DN34 5DP3
£130K06/210.26 mi76, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BT3
£189K07/210.26 mi50, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BT3
£160K11/200.26 mi54, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BT3
£158K10/200.26 mi92, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BT3
£182.5K02/230.28 mi49, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BU3
£165K08/210.28 mi75, Gloucester Avenue, Grimsby, North East Lincolnshire DN34 5BU3
£87K10/200.28 mi5, Castleford Avenue, Grimsby, North East Lincolnshire DN34 5HP3
£149K09/210.3 mi231, Laceby Road, Grimsby, Humberside DN34 5DT3
£105K11/200.3 miThe Willows, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4PY3
£152K02/210.31 mi154, Laceby Road, Grimsby, North East Lincolnshire DN34 5DR3
£106K05/230.31 mi31, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SA3
£100K12/220.31 mi15, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SA3
£125K06/230.31 mi37, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SA3
£122.5K07/230.32 mi30, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4RZ3
£90K11/200.32 mi10, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4RZ3
£143K05/210.32 mi245, Laceby Road, Grimsby, North East Lincolnshire DN34 5DU3
£125K08/210.32 mi239, Laceby Road, Grimsby, North East Lincolnshire DN34 5DU3

Local Rents

17 rents from £600/mo to £900/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£72508/240.05 mi-3
£75008/240.08 mi-3
£67507/230.36 mi-3
£67007/230.38 mi-3
£79510/240.4 mi-3
£69503/240.44 miAshtree Avenue, Grimsby3
£79503/240.48 mi-3
£89503/240.5 miStainton Drive, Grimsby, Lincolnshire, DN333
£69503/240.54 mi-3
£60012/230.54 mi-3
£69502/250.54 mi-3
£70004/240.54 miToothill Gardens, Grimsby, North East Lincs, DN34 3
£65011/230.56 mi-3
£67502/250.56 mi-3
£62505/240.58 miC3
£90004/240.59 miThe Cresta, Grimsby, N E Lincs, DN34 3
£82503/240.61 miSilver Birch Place, Grimsby, DN343

Local Area Statistics

Population in DN34

19,205

Population in Grimsby

124,581

Town centre distance

0.60 miles away

Nearest school

0.20 miles away

Nearest train station

1.06 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £115,000

February 7, 2025

Description

  • Being Sold via Secure Sale Online Bidding - T&C's Apply +
  • Spacious Lounge through Dining Room +
  • Large Semi-Detached Home +
  • Three Bedrooms +
  • Private Garden and Garage +

This stunning semi-detached home is now available for sale via the modern auction system and offers a potential buyer a spacious property with distuingished character.

A house that would suit any owner/occuppier looking for a home with close ties to central Grimsby or an investor looking for a larger buyer to let home

The property enjoys an expansive plot with private gardens and deatached garage with access to light and power.

An ideal family home, it has enjoyed a scheme of works ranging from a new boiler to a freshly plastered first floor and new carpets in placess as well.

Accomodation conists of a well-appointed lounge through diner and a modern fitted kitchen. A ground floor extension provides an extensive boast to floorspace giving this property the extra, versatile reception space that would be the envy of many properties of this type.

The first floor consists of three sizable bedrooms and the modern family bathroom.

The loft has been part boarded with fixed lighting.

Council Tax Band: B
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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