3 Bed Terraced House, Single Let, Grimsby, DN31 2RL, £85,000





ValuationOvervalued
Sold Prices | £40K - £122K |
Sold Prices/m² | £449/m² - £1.4K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £914/m² |
Value Estimate | £77,299£77,299 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £21,250£21,250 |
Stamp Duty & Legal Fees | £3,750£3,750 |
Total Cash In | £25,000£25,000 |
| |
Cash Out | |
Rent Range | £462 - £990£462 - £990 |
Rent Estimate | £495 |
Running Costs/mo | £385£385 |
Cashflow/mo | £110£110 |
Cashflow/yr | £1,325£1,325 |
ROI | 5%5% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £40K to £122K, average is £68K. £449/m² to £1.4K/m², average is £831/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£50K | 05/21 | 0 mi | 57, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RL | £568 | 88 | 3 | Terraced House | |
£68K | 06/23 | 0.03 mi | 30, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RN | - | - | 3 | Terraced House | |
£47K | 09/20 | 0.04 mi | 14, Elsenham Road, Grimsby, North East Lincolnshire DN31 2QR | £540 | 87 | 3 | Terraced House | |
£68K | 02/23 | 0.04 mi | 28, Elsenham Road, Grimsby, North East Lincolnshire DN31 2QR | £829 | 82 | 3 | Terraced House | |
£50K | 06/23 | 0.05 mi | 22, Dunmow Street, Grimsby, North East Lincolnshire DN31 2RE | £532 | 94 | 3 | Semi-Detached House | |
£65K | 12/22 | 0.05 mi | 93, Newhaven Terrace, Grimsby, North East Lincolnshire DN31 2RU | £793 | 82 | 3 | Terraced House | |
£40K | 10/20 | 0.06 mi | 25, Elsenham Road, Grimsby, North East Lincolnshire DN31 2QP | £449 | 89 | 3 | Terraced House | |
£62K | 06/23 | 0.1 mi | 97, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RW | £681 | 91 | 3 | Terraced House | |
£55K | 05/21 | 0.1 mi | 97, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RW | £604 | 91 | 3 | Terraced House | |
£55K | 05/21 | 0.1 mi | 113, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RW | - | - | 3 | Terraced House | |
£47K | 01/23 | 0.1 mi | 121, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ | - | - | 3 | Terraced House | |
£50K | 08/21 | 0.13 mi | 6, Mill Avenue, Grimsby, North East Lincolnshire DN31 2RS | - | - | 3 | Terraced House | |
£54K | 02/21 | 0.13 mi | 13, Mill Avenue, Grimsby, North East Lincolnshire DN31 2RS | £692 | 78 | 3 | Terraced House | |
£75K | 08/21 | 0.13 mi | 93, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ | £852 | 88 | 3 | Terraced House | |
£43K | 10/20 | 0.13 mi | 93, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ | £489 | 88 | 3 | Terraced House | |
£59K | 06/21 | 0.14 mi | 249, Corporation Road, Grimsby, North East Lincolnshire DN31 2PZ | - | - | 3 | Terraced House | |
£90K | 11/22 | 0.14 mi | 237, Corporation Road, Grimsby, North East Lincolnshire DN31 2PZ | - | - | 3 | Terraced House | |
£93K | 12/22 | 0.14 mi | 1, Harlow Street, Grimsby, North East Lincolnshire DN31 2QX | £1,134 | 82 | 3 | Terraced House | |
£56K | 02/21 | 0.15 mi | 10, Beeson Grove, Grimsby, Humberside DN31 2QJ | £875 | 64 | 3 | Terraced House | |
£74.5K | 12/22 | 0.15 mi | 164, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RP | £931 | 80 | 3 | Terraced House | |
£47K | 09/20 | 0.15 mi | 126, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RP | £534 | 88 | 3 | Terraced House | |
£95K | 01/22 | 0.17 mi | 35, Salamander Close, Grimsby, North East Lincolnshire DN31 2NW | £1,284 | 74 | 3 | Semi-Detached House | |
£84K | 12/22 | 0.18 mi | 100, Boulevard Avenue, Grimsby, North East Lincolnshire DN31 2JH | £1,097 | 77 | 3 | Terraced House | |
£83K | 12/20 | 0.19 mi | 26, Salamander Close, Grimsby, North East Lincolnshire DN31 2NW | £1,153 | 72 | 3 | Terraced House | |
£88K | 01/21 | 0.19 mi | 33a, Salamander Close, Grimsby, North East Lincolnshire DN31 2NW | £1,189 | 74 | 3 | Terraced House | |
£64K | 04/23 | 0.2 mi | 141, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RR | £831 | 77 | 3 | Terraced House | |
£60K | 03/21 | 0.2 mi | 33, Joseph Street, Grimsby, North East Lincolnshire DN31 2NU | £723 | 83 | 3 | Terraced House | |
£47K | 10/20 | 0.23 mi | 185, Corporation Road, Grimsby, North East Lincolnshire DN31 2PY | £495 | 95 | 3 | Terraced House | |
£100K | 02/23 | 0.26 mi | 196, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ | - | - | 3 | Terraced House | |
£65K | 04/21 | 0.26 mi | 176, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ | £776 | 84 | 3 | Terraced House | |
£87K | 08/23 | 0.26 mi | 155, Newhaven Terrace, Grimsby, North East Lincolnshire DN31 2RY | £1,160 | 75 | 3 | Terraced House | |
£46K | 10/20 | 0.26 mi | 153, Newhaven Terrace, Grimsby, North East Lincolnshire DN31 2RY | £639 | 72 | 3 | Terraced House | |
£50K | 08/21 | 0.26 mi | 153, Newhaven Terrace, Grimsby, North East Lincolnshire DN31 2RY | £694 | 72 | 3 | Terraced House | |
£60K | 07/23 | 0.26 mi | 66, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PA | - | - | 3 | Terraced House | |
£46K | 06/21 | 0.28 mi | 153, Lord Street, Grimsby, North East Lincolnshire DN31 2NH | £554 | 83 | 3 | Terraced House | |
£122K | 02/23 | 0.28 mi | 117, Lord Street, Grimsby, North East Lincolnshire DN31 2NH | £1,386 | 88 | 3 | Semi-Detached House | |
£90K | 12/22 | 0.29 mi | 46, James Street, Grimsby, North East Lincolnshire DN31 2JE | - | - | 3 | Terraced House | |
£78.5K | 07/21 | 0.29 mi | 62, James Street, Grimsby, North East Lincolnshire DN31 2JE | £897 | 88 | 3 | Terraced House | |
£75K | 02/23 | 0.3 mi | 144, Corporation Road, Grimsby, North East Lincolnshire DN31 1UP | - | - | 3 | Terraced House | |
£70K | 02/23 | 0.3 mi | 140, Corporation Road, Grimsby, North East Lincolnshire DN31 1UP | £796 | 88 | 3 | Terraced House | |
£87K | 12/20 | 0.3 mi | 44, Lister Street, Grimsby, North East Lincolnshire DN31 2JG | £1,048 | 83 | 3 | Terraced House | |
£80K | 06/21 | 0.31 mi | 46, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PB | - | - | 3 | Terraced House | |
£60K | 02/21 | 0.32 mi | 71, Henry Street, Grimsby, North East Lincolnshire DN31 2JA | £732 | 82 | 3 | Terraced House | |
£76K | 05/21 | 0.32 mi | 36, Henry Street, Grimsby, North East Lincolnshire DN31 2JA | £916 | 83 | 3 | Terraced House | |
£80K | 10/20 | 0.33 mi | 24, Haven Gardens, Grimsby, North East Lincolnshire DN31 2UA | £1,176 | 68 | 3 | Terraced House | |
£95K | 11/20 | 0.33 mi | 35, Haven Gardens, Grimsby, North East Lincolnshire DN31 2UA | £1,267 | 75 | 3 | Terraced House | |
£71K | 04/21 | 0.33 mi | 2, Haven Gardens, Grimsby, North East Lincolnshire DN31 2UA | £1,203 | 59 | 3 | Terraced House | |
£90K | 09/22 | 0.33 mi | 12, Haven Gardens, Grimsby, North East Lincolnshire DN31 2UA | £1,385 | 65 | 3 | Semi-Detached House | |
£70K | 07/21 | 0.34 mi | 27, Lister Street, Grimsby, Humberside DN31 2HZ | £854 | 82 | 3 | Terraced House | |
£82.5K | 01/23 | 0.34 mi | 220, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EJ | £994 | 83 | 3 | Terraced House |
Local Rents
52 rents from £462/mo to £990/mo, average is £625/mo.
Rent | Date | Distance | Address | Beds | Type | |
£630 | 01/24 | 0.07 mi | - | 3 | Terraced House | |
£640 | 09/24 | 0.07 mi | - | 3 | Terraced House | |
£495 | 03/24 | 0.09 mi | Elsenham Road, Grimsby | 3 | Terraced House | |
£550 | 04/24 | 0.11 mi | Corporation Road, Grimsby | 3 | Terraced House | |
£595 | 03/24 | 0.14 mi | Corporation Road, Grimsby | 3 | Terraced House | |
£625 | 10/24 | 0.14 mi | - | 3 | Terraced House | |
£625 | 02/24 | 0.14 mi | - | 3 | Terraced House | |
£525 | 08/24 | 0.2 mi | - | 3 | Terraced House | |
£595 | 03/24 | 0.23 mi | James Street, Grimsby, South Humberside, DN31 | 3 | Terraced House | |
£525 | 03/24 | 0.23 mi | Corporation Road, Grimsby | 3 | Flat | |
£600 | 03/24 | 0.25 mi | Lawrence Street, Grimsby | 3 | Terraced House | |
£645 | 08/24 | 0.25 mi | - | 3 | Terraced House | |
£563 | 01/24 | 0.26 mi | - | 3 | Terraced House | |
£563 | 04/24 | 0.26 mi | - | 3 | Terraced House | |
£990 | 05/24 | 0.27 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£485 | 03/24 | 0.27 mi | Henry Street, Grimsby, DN31 2JB | 3 | Terraced House | |
£550 | 04/24 | 0.28 mi | Lord Street, Grimsby | 3 | Terraced House | |
£560 | 06/24 | 0.28 mi | - | 3 | Terraced House | |
£525 | 03/24 | 0.33 mi | Haycroft Street, Grimsby | 3 | Terraced House | |
£650 | 03/24 | 0.33 mi | Macaulay Street, Grimsby, DN31 | 3 | Flat | |
£680 | 04/24 | 0.33 mi | - | 3 | Terraced House | |
£462 | 12/23 | 0.34 mi | - | 3 | Terraced House | |
£625 | 02/24 | 0.34 mi | - | 3 | Terraced House | |
£625 | 02/24 | 0.34 mi | - | 3 | Terraced House | |
£625 | 04/24 | 0.34 mi | - | 3 | Terraced House | |
£563 | 03/24 | 0.36 mi | - | 3 | Terraced House | |
£563 | 07/24 | 0.36 mi | - | 3 | Terraced House | |
£930 | 03/24 | 0.37 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£930 | 03/24 | 0.38 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£550 | 03/24 | 0.38 mi | Lancaster Avenue, Grimsby | 3 | Terraced House | |
£955 | 03/24 | 0.39 mi | Macaulay Park, Grimsby, DN31 | 3 | Detached House | |
£965 | 03/24 | 0.39 mi | Macaulay Park, Grimsby, DN31 | 3 | Detached House | |
£965 | 03/24 | 0.39 mi | Macaulay Park, Grimsby, DN31 | 3 | Detached House | |
£600 | 04/24 | 0.4 mi | - | 3 | Terraced House | |
£930 | 03/24 | 0.4 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£930 | 03/24 | 0.4 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£650 | 01/25 | 0.43 mi | - | 3 | Terraced House | |
£675 | 04/24 | 0.43 mi | Roseveare Avenue, Grimsby, Lincolnshire, DN31 | 3 | Terraced House | |
£650 | 12/24 | 0.45 mi | - | 3 | Terraced House | |
£535 | 03/24 | 0.46 mi | Ripon Street, Grimsby, N E Lincolnshire, DN31 | 3 | Terraced House | |
£575 | 03/24 | 0.47 mi | Airedale Way, Grimsby | 3 | Terraced House | |
£575 | 01/24 | 0.5 mi | - | 3 | Terraced House | |
£575 | 01/24 | 0.5 mi | - | 3 | Terraced House | |
£850 | 10/24 | 0.5 mi | - | 3 | Terraced House | |
£650 | 03/24 | 0.52 mi | Roseveare Avenue, Grimsby | 3 | Detached House | |
£635 | 03/24 | 0.52 mi | Tyler Avenue, Grimsby | 3 | Terraced House | |
£675 | 11/24 | 0.52 mi | - | 3 | Terraced House | |
£495 | 07/23 | 0.53 mi | - | 3 | Terraced House | |
£695 | 11/23 | 0.54 mi | - | 3 | Terraced House | |
£600 | 10/24 | 0.55 mi | - | 3 | Terraced House | |
£625 | 10/24 | 0.55 mi | - | 3 | Terraced House | |
£625 | 05/24 | 0.55 mi | Spring Bank, Grimsby, DN34 | 3 | Terraced House |
Local Area Statistics
Population in DN31 | 9,5989,598 |
Population in Grimsby | 124,581124,581 |
Town centre distance | 1.08 miles away1.08 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.80 miles away0.80 miles away |
| |
Rental demand | Tenant's marketTenant's market |
Rental growth (12m) | -4%-4% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +23%+23% |
Property History
Listed for £85,000
February 8, 2025
Floor Plans

Description
- Immaculate modern decor +
- Spacious reception room +
- Open kitchen/dining room +
- Three well-proportioned bedrooms +
- Modern three-piece bathroom +
- Low maintenance gardens +
- Charming summerhouse +
- No forward chain +
- Favorable rental yield +
- Council Tax Band A +
We are proud to present this immaculate three-bedroom end of terraced house, currently listed for sale. This property has been expertly refurbished with a modern decor, creating a welcoming and stylish ambiance.
The house features a single, spacious reception room – perfect for entertaining or relaxing. Moving on to the heart of the home, you will find an open kitchen/dining room. This large kitchen comes primed with both eye and base level units, providing ample storage and workspace for the culinary enthusiast.
Accommodation consists of three well-proportioned bedrooms, two of which are doubles, with the third being a single. All rooms have been meticulously maintained, mirroring the immaculate condition seen throughout the property. The modern three-piece bathroom suite adds a touch of elegance and sophistication.
Outside, the property benefits from low maintenance front and rear gardens, with a charming summerhouse offering additional space for enjoyment during the warmer months.
This home is a fantastic opportunity for first-time buyers or investors. With no forward chain, it's ready for tenants to move in straight away. It's estimated to achieve a rental income of £620 per calendar month, which equates to a gross yield of 8.8%.
The property falls under Council Tax Band A and has an EPC rating of D.
In summary, this refurbished three-bedroom terraced house, with its modern interiors, low maintenance gardens and favourable rental yield, represents a highly desirable purchase. Don't miss out on this excellent opportunity.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
GRI250019/2
Similar Properties
Like this property? Maybe you'll like these ones close by too.
3 Bed House, Refurb/BRRR, Grimsby, DN31 2RN
£55,000
22 views • 4 months ago • 93 m²
3 Bed House, Single Let, Grimsby, DN31 2RL
£55,000
5 months ago • 93 m²
3 Bed House, Single Let, Grimsby, DN31 2RB
£60,000
5 months ago • 84 m²
3 Bed House, Single Let, Grimsby, DN31 2RA
£59,995
3 views • a month ago • 87 m²