3 Bed Terraced House, Single Let, Grimsby, DN31 2QP, £49,950

312 Elsenham Road, Grimsby - 3 views - 2 months ago

Sold STC
BTL
ROI: 17%
135 m²
+4 photos

ValuationUndervalued

Sold Prices£46K - £122K
Sold Prices/m²£532/m² - £1.4K/m²

 

 

Square Metres

135 m²
Price/m²£370/m²

Value Estimate

£60,939
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,488

Stamp Duty & Legal Fees

£2,699

Total Cash In

£15,186

 

 

Cash Out

 

Rent Range

£462 - £990

Rent Estimate

£495

Running Costs/mo

£275

Cashflow/mo

£220

Cashflow/yr

£2,639

ROI

17%

Gross Yield

12%

Local Sold Prices

50 sold prices from £46K to £122K, average is £74.4K. £532/m² to £1.4K/m², average is £886/m².

PriceDateDistanceAddressBeds 
£68K02/230.02 mi28, Elsenham Road, Grimsby, North East Lincolnshire DN31 2QR3
£50K05/210.06 mi57, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RL3
£47K01/230.08 mi121, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ3
£68K06/230.09 mi30, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RN3
£50K06/230.1 mi22, Dunmow Street, Grimsby, North East Lincolnshire DN31 2RE3
£65K12/220.11 mi93, Newhaven Terrace, Grimsby, North East Lincolnshire DN31 2RU3
£75K08/210.12 mi93, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ3
£62K06/230.12 mi97, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RW3
£55K05/210.12 mi97, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RW3
£55K05/210.12 mi113, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RW3
£90K11/220.14 mi237, Corporation Road, Grimsby, North East Lincolnshire DN31 2PZ3
£59K06/210.15 mi249, Corporation Road, Grimsby, North East Lincolnshire DN31 2PZ3
£93K12/220.15 mi1, Harlow Street, Grimsby, North East Lincolnshire DN31 2QX3
£56K02/210.15 mi10, Beeson Grove, Grimsby, Humberside DN31 2QJ3
£50K08/210.15 mi6, Mill Avenue, Grimsby, North East Lincolnshire DN31 2RS3
£54K02/210.16 mi13, Mill Avenue, Grimsby, North East Lincolnshire DN31 2RS3
£74.5K12/220.18 mi164, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RP3
£64K04/230.21 mi141, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RR3
£84K12/220.22 mi100, Boulevard Avenue, Grimsby, North East Lincolnshire DN31 2JH3
£95K01/220.22 mi35, Salamander Close, Grimsby, North East Lincolnshire DN31 2NW3
£60K03/210.24 mi33, Joseph Street, Grimsby, North East Lincolnshire DN31 2NU3
£83K12/200.25 mi26, Salamander Close, Grimsby, North East Lincolnshire DN31 2NW3
£88K01/210.25 mi33a, Salamander Close, Grimsby, North East Lincolnshire DN31 2NW3
£87K08/230.28 mi155, Newhaven Terrace, Grimsby, North East Lincolnshire DN31 2RY3
£46K10/200.28 mi153, Newhaven Terrace, Grimsby, North East Lincolnshire DN31 2RY3
£50K08/210.28 mi153, Newhaven Terrace, Grimsby, North East Lincolnshire DN31 2RY3
£60K07/230.29 mi66, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PA3
£75K02/230.29 mi144, Corporation Road, Grimsby, North East Lincolnshire DN31 1UP3
£100K02/230.3 mi196, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ3
£65K04/210.3 mi176, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ3
£70K02/230.3 mi140, Corporation Road, Grimsby, North East Lincolnshire DN31 1UP3
£46K06/210.32 mi153, Lord Street, Grimsby, North East Lincolnshire DN31 2NH3
£122K02/230.32 mi117, Lord Street, Grimsby, North East Lincolnshire DN31 2NH3
£80K06/210.33 mi46, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PB3
£90K12/220.33 mi46, James Street, Grimsby, North East Lincolnshire DN31 2JE3
£78.5K07/210.34 mi62, James Street, Grimsby, North East Lincolnshire DN31 2JE3
£95K11/200.34 mi35, Haven Gardens, Grimsby, North East Lincolnshire DN31 2UA3
£71K04/210.34 mi2, Haven Gardens, Grimsby, North East Lincolnshire DN31 2UA3
£90K09/220.34 mi12, Haven Gardens, Grimsby, North East Lincolnshire DN31 2UA3
£87K12/200.35 mi44, Lister Street, Grimsby, North East Lincolnshire DN31 2JG3
£120K09/210.36 mi78, Frederick Street, Grimsby, North East Lincolnshire DN31 1XQ3
£60K02/210.37 mi71, Henry Street, Grimsby, North East Lincolnshire DN31 2JA3
£76K05/210.37 mi36, Henry Street, Grimsby, North East Lincolnshire DN31 2JA3
£90K12/220.39 mi54, Arthur Street, Grimsby, North East Lincolnshire DN31 2HT3
£70K07/210.39 mi27, Lister Street, Grimsby, Humberside DN31 2HZ3
£117K09/230.39 mi17, Freshney Drive, Grimsby, North East Lincolnshire DN31 1TN3
£86K07/210.39 mi59, Arthur Street, Grimsby, North East Lincolnshire DN31 2HT3
£82.5K01/230.4 mi220, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EJ3
£85K01/230.41 mi215, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL3
£74.3K03/230.41 mi207, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL3

Local Rents

52 rents from £462/mo to £990/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£73004/250.02 mi-3
£63001/240.02 mi-3
£64009/240.02 mi-3
£49503/240.08 miElsenham Road, Grimsby3
£55004/240.12 miCorporation Road, Grimsby3
£62510/240.13 mi-3
£59503/240.15 miCorporation Road, Grimsby3
£62502/240.18 mi-3
£52508/240.21 mi-3
£52503/240.23 miCorporation Road, Grimsby3
£59503/240.26 miJames Street, Grimsby, South Humberside, DN313
£56301/240.29 mi-3
£56304/240.29 mi-3
£60003/240.3 miLawrence Street, Grimsby3
£48503/240.3 miHenry Street, Grimsby, DN31 2JB3
£64508/240.31 mi-3
£56006/240.31 mi-3
£55004/240.32 miLord Street, Grimsby3
£99005/240.33 miMacaulay Park, Grimsby, DN313
£52503/240.36 miHaycroft Street, Grimsby3
£93003/240.37 miMacaulay Park, Grimsby, DN313
£93003/240.38 miMacaulay Park, Grimsby, DN313
£68004/240.39 mi-3
£65003/240.39 miMacaulay Street, Grimsby, DN313
£62502/240.39 mi-3
£62502/240.39 mi-3
£62504/240.39 mi-3
£46212/230.39 mi-3
£95503/240.4 miMacaulay Park, Grimsby, DN313
£96503/240.4 miMacaulay Park, Grimsby, DN313
£96503/240.4 miMacaulay Park, Grimsby, DN313
£56303/240.4 mi-3
£56307/240.4 mi-3
£93003/240.41 miMacaulay Park, Grimsby, DN313
£93003/240.41 miMacaulay Park, Grimsby, DN313
£70003/250.44 mi-3
£55003/240.44 miLancaster Avenue, Grimsby3
£60004/240.45 mi-3
£57503/240.47 miAiredale Way, Grimsby3
£65001/250.49 mi-3
£67504/240.49 miRoseveare Avenue, Grimsby, Lincolnshire, DN313
£53503/240.49 miRipon Street, Grimsby, N E Lincolnshire, DN313
£65012/240.51 mi-3
£67511/240.52 mi-3
£49507/230.52 mi-3
£60010/240.54 mi-3
£62503/240.55 miTennyson Street, Grimsby, DN313
£62504/240.55 mi-3
£57501/240.55 mi-3
£57501/240.55 mi-3
£85010/240.56 mi-3
£99004/240.57 miMacaulay Park, Grimsby, DN313

Local Area Statistics

Population in DN31

9,598

Population in Grimsby

124,581

Town centre distance

1.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £49,950

February 18, 2025

Floor Plans

Description

  • End of terrace +
  • Two reception rooms +
  • Three bedrooms +
  • Kitchen & bathroom +
  • uPVC DG & GCH +
  • Front & rear garden +

For sale is this traditional end of terrace house, attractively priced for a quick sale. This property comprises of three well-proportioned bedrooms, one bathroom, a functional kitchen, and two spacious reception rooms, offering ample space for both relaxation and entertaining. The house is equipped with a new boiler that was installed in 2020 and comes with a 12 year warranty whilst providing efficient gas central heating throughout the property. In addition, the property also benefits from uPVC double glazing. The location of this property is an added advantage, situated within close proximity to public transport links, local amenities, and a selection of nearby schools. The Grimsby town centre is also within easy reach, adding to the convenience and appeal of this property. This end of terrace house presents a fantastic investment opportunity. With its unique features and prime location, it offers great potential for rental income or capital appreciation. It is a property that promises a blend of comfort, convenience, and return on investment. Don't miss this golden opportunity. EPC rating: E. Tenure: Freehold,

Agent Details

Lovelle, Grimsby

01472 404571

Next Steps?

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