3 Bed Terraced House, Single Let, Grimsby, DN34 5SE, £98,000

31 Sea View Street, Cleethorpes, North East Lincolnshire, DN35 8EU - 2 views - 16 days ago

BTL
ROI: 5%
~93 m²
+13 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,500

Stamp Duty & Legal Fees

£4,140

Total Cash In

£28,640

 

 

Cash Out

 

Rent Range

£525 - £995

Rent Estimate

£550

Running Costs/mo

£436

Cashflow/mo

£114

Cashflow/yr

£1,368

ROI

5%

Gross Yield

7%













Local Rents

36 rents from £525/mo to £995/mo, average is £713/mo.

RentDateDistanceAddressBeds 
£68502/250.01 mi-3
£68003/250.01 mi-3
£72503/240.03 miClarendon Road, Grimsby, DN343
£72504/240.18 miWroxham Avenue, Grimsby, DN343
£72504/240.18 mi-3
£89503/240.54 miStainton Drive, Grimsby, Lincolnshire, DN333
£79503/240.56 mi-3
£65011/230.66 mi-3
£67502/250.66 mi-3
£60012/230.67 mi-3
£69502/250.67 mi-3
£69503/240.67 mi-3
£72508/240.75 mi-3
£67507/230.76 mi-3
£70004/240.76 miToothill Gardens, Grimsby, North East Lincs, DN34 3
£75008/240.79 mi-3
£85003/240.82 miEsther Way, Scartho Top3
£99502/250.89 mi-3
£79510/240.9 mi-3
£72503/240.96 miSanctuary Way, Grimsby, DN373
£69503/240.97 miAshtree Avenue, Grimsby3
£89512/240.99 miSt. Nicholas Drive, Wybers Wood, Grimsby, DN373
£92502/250.99 mi-3
£75003/241.01 miBelgrave Road, Scartho, Grimsby, DN333
£82503/241.02 miSilver Birch Place, Grimsby, DN343
£62505/241.02 miC3
£67007/231.04 mi-3
£65003/241.06 mi-3
£92511/241.08 mi-3
£55003/241.14 miSecond Avenue, Grimsby3
£85012/241.14 miDefender Drive, Grimsby, Lincolnshire, DN373
£52503/241.15 miSecond Avenue, Grimsby3
£82503/241.16 miGill Court, Scartho Top, Grimsby, DN333
£60005/241.24 mi-3
£62505/241.24 miSpring Bank, Grimsby3
£59007/231.24 mi-3

Local Area Statistics

Population in DN34

19,205

Population in Grimsby

124,581

Town centre distance

1.35 miles away

Nearest school

0.30 miles away

Nearest train station

1.70 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £98,000

February 28, 2025

Description

  • Three Bedroom Mid Terrace Home +
  • Well Presented Throughout +
  • Bay Fronted Lounge +
  • Dining Kitchen +
  • Modern Bathroom +
  • Ideal First Time Buy/Rental Investment +
  • Low Maintenance Gardens +

A three bedroom mid terrace property offered for sale in this established residential area off Littlecoates Road, a short distance from local amenities at Bradley Cross Roads.
Well presented, the accommodation comprises; entrance hall, a bay fronted lounge, dining kitchen, and to the first floor are three bedrooms, and a bathroom. Standing with gardens to the front and rear which are low maintenance. An ideal starter home or buy to let investment.

Entrance Hall - Accessed via a uPVC front entrance door. With laminate flooring and staircase to the first floor.

Lounge - 3.97 x 3.07 (13'0" x 10'0") - With a bay window to front aspect, and fireplace with marble back and hearth.

Kitchen - 4.34 x 3.50 (14'2" x 11'5") - Fitted with a range of white fronted units, and worktops incorporating a stainless-steel sink. Built-in oven, gas hob with extractor over, plumbing for a washing machine and space for a fridge/freezer. Wall mounted gas central heating boiler. Rear aspect window, and access onto the rear garden.

First Floor Landing - With access to the loft.

Bedroom 1 - 3.50 x 2.86 (11'5" x 9'4") - To front aspect.

Bedroom 2 - 3.31 x 2.86 (10'10" x 9'4") - To rear aspect.

Bedroom 3 - 2.44 x 1.85 (8'0" x 6'0") - To front aspect.

Bathroom - 1.83 x 1.56 (6'0" x 5'1") - Fitted with a vanity sink unit, wc, and panelled bath with overhead shower.

Outside - The property stands in mainly paved gardens with access to the rear passageway.

Tenure - Freehold

Council Tax Band - A

Agent Details

Argyle Estate Agents, Cleethorpes

01472 404597

Next Steps?

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