3 Bed Terraced House, Single Let, Grimsby, DN34 4SA, £120,000

Chelmsford Avenue, Grimsby, Lincolnshire, DN34 4SA - 2 months ago

Sold STC

BTL

ROI: 2%

~93 m²

+6 photos

ValuationUndervalued

Sold Prices	£69K - £175K
Sold Prices/m²	£987/m² - £2.2K/m²

Square Metres	~93 m²
Price/m²	£1.3K/m²
Value Estimate	£124,925£124,925
BMV	4%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£30,000£30,000
Stamp Duty & Legal Fees	£4,800£4,800
Total Cash In	£34,800£34,800

Cash Out
Rent Range	£462 - £900£462 - £900
Rent Estimate	£550
Running Costs/mo	£505£505
Cashflow/mo	£45£45
Cashflow/yr	£540£540
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £69K to £175K, average is £112.8K. £987/m² to £2.2K/m², average is £1.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£106K	05/23	0 mi	31, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SA	£1,606	66	3	Semi-Detached House
£100K	12/22	0 mi	15, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SA	-	-	3	Terraced House
£125K	06/23	0 mi	37, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SA	£1,812	69	3	Terraced House
£122.5K	07/23	0.02 mi	30, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4RZ	£1,701	72	3	Semi-Detached House
£90K	11/20	0.02 mi	10, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4RZ	£1,343	67	3	Terraced House
£105K	11/20	0.05 mi	The Willows, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4PY	£1,105	95	3	Detached House
£121K	12/22	0.05 mi	2, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4RZ	£1,592	76	3	Terraced House
£138K	04/21	0.08 mi	15, Carson Avenue, Grimsby, North East Lincolnshire DN34 4QX	-	-	3	Semi-Detached House
£110K	10/21	0.08 mi	14, Carson Avenue, Grimsby, North East Lincolnshire DN34 4QX	£1,341	82	3	Semi-Detached House
£119K	01/23	0.1 mi	59, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SE	-	-	3	Terraced House
£145K	12/21	0.1 mi	12, Kingston Avenue, Grimsby, North East Lincolnshire DN34 4QZ	-	-	3	Terraced House
£90K	12/20	0.1 mi	91, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SE	£1,214	74	3	Terraced House
£96K	01/21	0.1 mi	53, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SE	£1,371	70	3	Terraced House
£85.1K	06/21	0.1 mi	93, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SE	£1,116	76	3	Terraced House
£93K	02/21	0.11 mi	45, Corinthian Avenue, Grimsby, North East Lincolnshire DN34 4QT	£1,177	79	3	Terraced House
£92K	03/21	0.11 mi	9, Corinthian Avenue, Grimsby, North East Lincolnshire DN34 4QT	-	-	3	Terraced House
£105K	05/21	0.11 mi	21, Corinthian Avenue, Grimsby, North East Lincolnshire DN34 4QT	£1,346	78	3	Terraced House
£97.5K	05/23	0.11 mi	22, Corinthian Avenue, Grimsby, North East Lincolnshire DN34 4QT	-	-	3	Terraced House
£135K	05/23	0.11 mi	114a, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SD	£1,753	77	3	Terraced House
£117K	11/21	0.11 mi	100, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SD	-	-	3	Terraced House
£90K	11/20	0.11 mi	88, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SD	£1,200	75	3	Terraced House
£69K	02/21	0.11 mi	100, Chelmsford Avenue, Grimsby, North East Lincolnshire DN34 4SD	-	-	3	Terraced House
£132.5K	10/22	0.11 mi	37, Corinthian Avenue, Grimsby, North East Lincolnshire DN34 4QT	-	-	3	Terraced House
£115.5K	09/21	0.12 mi	203, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4RR	£1,500	77	3	Semi-Detached House
£140K	08/23	0.12 mi	204, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4QU	£1,709	82	3	Detached House
£175K	05/22	0.13 mi	196, Littlefield Lane, Grimsby, North East Lincolnshire DN34 4QU	£2,160	81	3	Detached House
£133K	12/22	0.13 mi	25, Salsbury Avenue, Grimsby, North East Lincolnshire DN34 4PX	£1,847	72	3	Semi-Detached House
£105K	05/21	0.16 mi	32, Cross Coates Road, Grimsby, North East Lincolnshire DN34 4QJ	£1,207	87	3	Semi-Detached House
£120K	08/21	0.18 mi	27, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RF	-	-	3	Terraced House
£125K	10/21	0.18 mi	174, Westward Ho, Grimsby, North East Lincolnshire DN34 5EN	£1,319	95	3	Semi-Detached House
£108K	09/23	0.19 mi	14, Westhill Road, Grimsby, North East Lincolnshire DN34 4SF	£1,831	59	3	Terraced House
£75K	10/22	0.2 mi	26, Allenby Avenue, Grimsby, North East Lincolnshire DN34 4QL	£987	76	3	Terraced House
£132.5K	12/22	0.2 mi	66, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RG	£1,577	84	3	Terraced House
£108K	07/21	0.2 mi	20, Elm Avenue, Grimsby, Humberside DN34 4RG	-	-	3	Terraced House
£132K	05/23	0.2 mi	84, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RG	£1,671	79	3	Terraced House
£98.5K	08/21	0.2 mi	40, Elm Avenue, Grimsby, North East Lincolnshire DN34 4RG	£1,247	79	3	Terraced House
£151K	06/23	0.21 mi	27, Wimborn Avenue, Grimsby, North East Lincolnshire DN34 4QS	£1,895	80	3	Semi-Detached House
£123K	04/23	0.21 mi	21, Wimborn Avenue, Grimsby, North East Lincolnshire DN34 4QS	-	-	3	Semi-Detached House
£95K	12/20	0.21 mi	15, Clifton Road, Grimsby, North East Lincolnshire DN34 4QW	£1,188	80	3	Terraced House
£90K	11/20	0.21 mi	57, Clifton Road, Grimsby, North East Lincolnshire DN34 4QW	£1,154	78	3	Terraced House
£94K	06/21	0.21 mi	17, Clifton Road, Grimsby, North East Lincolnshire DN34 4QW	-	-	3	Terraced House
£120K	07/23	0.21 mi	9, Allenby Avenue, Grimsby, North East Lincolnshire DN34 4QL	£1,739	69	3	Terraced House
£85.5K	02/23	0.21 mi	8, Allenby Avenue, Grimsby, North East Lincolnshire DN34 4QL	£1,096	78	3	Terraced House
£117K	02/23	0.22 mi	4, Clifton Road, Grimsby, North East Lincolnshire DN34 4QN	£1,461	80	3	Terraced House
£85K	01/21	0.22 mi	32, Clifton Road, Grimsby, North East Lincolnshire DN34 4QN	£1,090	78	3	Terraced House
£129.9K	12/22	0.22 mi	33, Grange Walk, Grimsby, North East Lincolnshire DN34 4DX	£1,549	84	3	Terraced House
£142K	11/22	0.23 mi	56, Clifton Road, Grimsby, North East Lincolnshire DN34 4QN	£1,844	77	3	Terraced House
£100K	10/20	0.23 mi	9, Grange Walk, Grimsby, North East Lincolnshire DN34 4DX	£1,282	78	3	Terraced House
£142K	03/23	0.23 mi	29, Limber Vale, Grimsby, North East Lincolnshire DN34 4DU	-	-	3	Semi-Detached House
£135K	04/21	0.24 mi	135, Yarborough Road, Grimsby, North East Lincolnshire DN34 4EE	-	-	3	Semi-Detached House

Local Rents

30 rents from £462/mo to £900/mo, average is £660/mo.

Rent	Date	Distance	Address	Beds	Type
£670	07/23	0.08 mi	-	3	Terraced House
£795	10/24	0.17 mi	-	3	Terraced House
£695	03/24	0.17 mi	Ashtree Avenue, Grimsby	3	Terraced House
£675	07/23	0.25 mi	-	3	Terraced House
£725	08/24	0.28 mi	-	3	Terraced House
£825	03/24	0.35 mi	Silver Birch Place, Grimsby, DN34	3	Flat
£640	07/23	0.36 mi	-	3	Terraced House
£750	08/24	0.37 mi	-	3	Terraced House
£700	04/24	0.42 mi	Toothill Gardens, Grimsby, North East Lincs, DN34	3	Terraced House
£625	10/24	0.44 mi	-	3	Terraced House
£625	05/24	0.44 mi	Spring Bank, Grimsby, DN34	3	Terraced House
£850	03/24	0.45 mi	-	3	Semi-Detached House
£850	10/24	0.46 mi	-	3	Terraced House
£575	01/24	0.47 mi	-	3	Terraced House
£575	01/24	0.47 mi	-	3	Terraced House
£650	03/24	0.48 mi	Roseveare Avenue, Grimsby	3	Detached House
£635	03/24	0.49 mi	Tyler Avenue, Grimsby	3	Terraced House
£795	03/24	0.49 mi	-	3	Semi-Detached House
£600	05/24	0.5 mi	-	3	Terraced House
£625	05/24	0.5 mi	Spring Bank, Grimsby	3	Terraced House
£590	07/23	0.5 mi	-	3	Terraced House
£695	11/23	0.51 mi	-	3	Terraced House
£650	01/25	0.55 mi	-	3	Terraced House
£675	04/24	0.55 mi	Roseveare Avenue, Grimsby, Lincolnshire, DN31	3	Terraced House
£550	03/24	0.56 mi	Lancaster Avenue, Grimsby	3	Terraced House
£700	03/25	0.57 mi	-	3	Terraced House
£600	04/24	0.58 mi	-	3	Terraced House
£650	11/24	0.6 mi	-	3	Terraced House
£900	04/24	0.62 mi	The Cresta, Grimsby, N E Lincs, DN34	3	Semi-Detached House
£462	12/23	0.62 mi	-	3	Terraced House

Local Area Statistics

Population in DN34	19,20519,205
Population in Grimsby	124,581124,581
Town centre distance	0.55 miles away0.55 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.87 miles away0.87 miles away

Rental growth (12m)	-18%-18%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+30%+30%

Property History

Listed for £120,000

February 12, 2025

Floor Plans

Description

Mid Terrace +
3 Bedrooms +
2 Reception Rooms +
Well Presented Throughout +
Walking Distance to Amenities +
Great School Catchment +
Viewing Essential +
EPC Rating - D, Council Tax Band - A +

This superb Three Bedroom Mid Terrace Home lies in the ever popular position in Grimsby. Close to amenities, a great school catchment area, colleges and easy access into Grimsby Town Centre, the property is beautifully presented throughout and is an ideal family home or first time buy. With on street parking available to the front and a private low maintenance garden to the rear with grass and decking area, perfect for outdoor relaxation. Internal accommodation briefly comprises of: Entrance Hallway, Lounge, Dining Room and Kitchen. Upstairs are Three Bedrooms and Family Bathroom. Internal Viewings are highly recommended to fully appreciate the living accommodation on offer.