3 Bed Detached House, Cash/Bridging Only, Grimsby, DN36 4TP, £110,000

Eastfield, Humberston, DN36 4TP - 3 views - a month ago

Cash
ROI: 3%
~93 m²
+31 photos

ValuationFair Value

Sold Prices£80K - £372.5K
Sold Prices/m²£1K/m² - £5.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£110,000

 

 

End Value (After Refurb)

£211,754

Uplift in Value

+93%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Refurb Costs

£37,609

Bridging Loan Interest

£2,888

Total Cash In

£76,446

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£211,754

Agent Fees (1%)

£2,118

Bridging Loan

£82,500

Bridging Loan Interest

£2,888

Flip Profit

£50,690

Local Sold Prices

50 sold prices from £80K to £372.5K, average is £195.5K. £1K/m² to £5.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£219.9K08/230.05 mi32, Midfield Road, Humberston, Grimsby, North East Lincolnshire DN36 4TH3
£180K04/230.06 mi9, Barn Owl Close, Humberston, Grimsby, North East Lincolnshire DN36 4SH3
£160K10/210.07 mi20, Woodfield Close, Humberston, Grimsby, North East Lincolnshire DN36 4UW3
£240K06/230.07 mi10, Woodfield Close, Humberston, Grimsby, North East Lincolnshire DN36 4UW3
£265K01/230.14 mi21, Church Lane, Humberston, Grimsby, North East Lincolnshire DN36 4HZ3
£230K12/200.14 mi15, Church Lane, Humberston, Grimsby, North East Lincolnshire DN36 4HZ3
£235K01/230.16 mi10, Sinderson Road, Humberston, Grimsby, North East Lincolnshire DN36 4UF3
£142K02/210.16 mi40, Fieldhouse Road, Humberston, Grimsby, North East Lincolnshire DN36 4UJ3
£265K11/200.18 mi72, Church Avenue, Humberston, Grimsby, North East Lincolnshire DN36 4HP3
£225K04/210.19 mi10, Richardson Close, Humberston, Grimsby, North East Lincolnshire DN36 4HY3
£158K03/210.2 mi13, St Mathews Road, Humberston, Grimsby, North East Lincolnshire DN36 4EE3
£245K04/210.23 mi6, The Crofts, Humberston, Grimsby, North East Lincolnshire DN36 4DN3
£145K06/210.25 mi31, Sinderson Road, Humberston, Grimsby, North East Lincolnshire DN36 4TY3
£263.8K06/230.26 mi6, Chapman Crescent, Humberston, Grimsby, North East Lincolnshire DN36 4UE3
£190K11/200.26 mi9, Chapman Crescent, Humberston, Grimsby, North East Lincolnshire DN36 4UE3
£185K05/210.26 mi10, Church Avenue, Humberston, Grimsby, North East Lincolnshire DN36 4DB3
£203.5K12/200.27 mi23, Hewson Road, Humberston, Grimsby, North East Lincolnshire DN36 4UD3
£160K12/220.3 mi12, St Johns Road, Humberston, Grimsby, North East Lincolnshire DN36 4DY3
£215K08/210.31 mi23, Lidgard Road, Humberston, Grimsby, North East Lincolnshire DN36 4XJ3
£169.9K03/230.31 mi16, Queen Elizabeth Road, Humberston, Grimsby, North East Lincolnshire DN36 4DD3
£190K04/210.32 mi11, Paul Crescent, Humberston, Grimsby, North East Lincolnshire DN36 4DF3
£287.5K10/220.32 mi251, Humberston Avenue, Humberston, Grimsby, North East Lincolnshire DN36 4JA3
£320K04/230.33 mi29, Queen Elizabeth Road, Humberston, Grimsby, North East Lincolnshire DN36 4DQ3
£270K09/230.34 mi60, Sinderson Road, Humberston, Grimsby, North East Lincolnshire DN36 4UB3
£140K03/210.35 mi2, Hurst Lea Drive, Humberston, Grimsby, North East Lincolnshire DN36 4XG3
£180K01/230.35 mi53, St Christophers Road, Humberston, Grimsby, North East Lincolnshire DN36 4EA3
£299.9K10/220.36 mi76, Westbury Road, Cleethorpes, North East Lincolnshire DN35 0QL3
£235K01/230.36 mi306, Grimsby Road, Humberston, Grimsby, North East Lincolnshire DN36 4AA3
£198K03/210.36 mi324, Grimsby Road, Humberston, Grimsby, North East Lincolnshire DN36 4AA3
£210K12/200.36 mi308, Grimsby Road, Humberston, Grimsby, North East Lincolnshire DN36 4AA3
£200K02/210.38 mi118, North Sea Lane, Humberston, Grimsby, North East Lincolnshire DN36 4XE3
£301K07/230.38 mi32, Westbury Road, Cleethorpes, North East Lincolnshire DN35 0QE3
£372.5K12/220.39 mi19a, Tetney Road, Humberston, Grimsby, North East Lincolnshire DN36 4JE3
£220K01/210.41 mi10, Mayfair Court, Cleethorpes, North East Lincolnshire DN35 0QG3
£205K12/200.42 mi7, Fairfield Court, Cleethorpes, North East Lincolnshire DN35 0QW3
£150K01/210.43 mi13, Poplar Drive, Humberston, Grimsby, North East Lincolnshire DN36 4XD3
£185K02/230.43 mi25, Westport Road, Cleethorpes, North East Lincolnshire DN35 0QF3
£80K05/210.45 mi14, Meadow View, Cleethorpes, North East Lincolnshire DN35 0QU3
£187K03/210.45 mi30, Forest Way, Humberston, Grimsby, North East Lincolnshire DN36 4HQ3
£125K11/200.45 mi14, Delamere Court, Cleethorpes, North East Lincolnshire DN35 0TT3
£150K07/230.45 mi7, Delamere Court, Cleethorpes, North East Lincolnshire DN35 0TT3
£144.5K08/230.45 mi11, Delamere Court, Cleethorpes, North East Lincolnshire DN35 0TT3
£210K10/200.46 mi23, Waldorf Road, Cleethorpes, North East Lincolnshire DN35 0QD3
£215K10/200.46 mi37, Waldorf Road, Cleethorpes, North East Lincolnshire DN35 0QD3
£170K02/230.46 mi3, Waldorf Road, Cleethorpes, North East Lincolnshire DN35 0QD3
£185K07/230.47 mi35, Glebe Road, Humberston, Grimsby, North East Lincolnshire DN36 4JP3
£152K08/210.48 mi4, Grosvenor Court, Cleethorpes, North East Lincolnshire DN35 0PA3
£190K08/230.48 mi8, Arden Village, Cleethorpes, North East Lincolnshire DN35 0TS3
£165K06/210.48 mi12, Arden Village, Cleethorpes, North East Lincolnshire DN35 0TS3
£193K02/210.48 mi94, Coniston Crescent, Humberston, Grimsby, North East Lincolnshire DN36 4AB3

Local Rents

13 rents from £750/mo to £3.3K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£92504/240.2 miFern Close, Humberston, Grimsby, DN363
£90503/240.2 miFern Close, Humberston, Grimsby, Lincolnshire, DN363
£89504/240.31 miQueen Elizabeth Road, Humberston, Grimsby3
£85001/250.46 mi-3
£87503/240.63 miPrimrose Way, Cleethorpes3
£92503/240.66 miAlder Avenue, Humberston, Grimsby, Lincolnshire, DN363
£3,33702/250.94 mi-3
£75003/241.04 miCottesmore Road, Cleethorpes3
£95003/241.09 miPytchley Walk, Cleethorpes, DN353
£95003/241.14 miBeaufort Crescent, Cleethorpes3
£89503/241.15 miParklands Avenue, Humberston, Grimsby, Lincolnshire, DN363
£95012/241.19 mi-3
£99503/251.19 mi-3

Local Area Statistics

Population in DN36

19,164

Population in Grimsby

124,581

Town centre distance

3.47 miles away

Nearest school

0.20 miles away

Nearest train station

2.13 miles away

 

 

Rental growth (12m)

-31%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £110,000

March 3, 2025

Floor Plans

Description

  • Three bedroom detached cottage on a large plot +
  • Sought after village location of Humberston +
  • No chain - investor buyers only +
  • Subject to a protected lifetime tenancy +
  • Property of mixed construction (cash buy advised) +
  • Three reception rooms & conservatory +
  • Generous gardens, driveway and ample parking +

Roost Estate Agents are delighted to offer this fantastic investment opportunity with this generously sized three bedroom detached home which is found in the sought after village location of Humberston.

The property boasts a large plot and is subject to a protected lifetime tenancy agreement (which is registered to 'fair rent' - assessed by the valuation office).

Property is of mixed construction, which is why cash investors would make the ideal purchasers for this opportunity, which is ideally placed for a wide range of amenities, regular transport links and in catchment of well regarded schools.

Internally, the property briefly comprises of a large porch, two generously sized storage rooms, ground floor WC, pantry/utility room, three reception rooms, conservatory and fitted kitchen - all of which are to the ground floor.

To the first floor there are three spacious bedrooms and a three piece shower room.

The gardens boasts generous proportions with a driveway found accessed via Swales Road.

Viewing is highly recommended to fully appreciate all that is on offer and the true potential that this property offers.

With electric heating and double glazing.

Agent Details

Roost Estate Agents, Cleethorpes

01472 404604

Next Steps?

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