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2 Bed Bungalow, Refurb/BRRR, Grimsby, DN36 5AT, £166,000





ValuationFair Value
Sold Prices | £77.5K - £250K |
Sold Prices/m² | £1K/m² - £4.2K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.4K/m² |
Value Estimate | £163,280£163,280 |
| |
End Value (After Refurb) | £154,716£154,716 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £41,500£41,500 |
Stamp Duty & Legal Fees | £9,500£9,500 |
Refurb Costs | £27,544£27,544 |
Bridging Loan Interest | £4,358£4,358 |
Total Cash In | £84,651£84,651 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £154,716£154,716 |
Mortgage (After Refinance) | £116,037£116,037 |
Mortgage LTV | 75%75% |
Cash Left In | £84,651£84,651 |
Equity | £38,679£38,679 |
Rent Range | £550 - £2,500£550 - £2,500 |
Rent Estimate | £994 |
Running Costs/mo | £702£702 |
Cashflow/mo | £292£292 |
Cashflow/yr | £3,501£3,501 |
ROI | 4%4% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £77.5K to £250K, average is £167.5K. £1K/m² to £4.2K/m², average is £2.4K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£110K | 07/23 | 0.08 mi | 74, Tetney Lane, Holton Le Clay, Grimsby, Lincolnshire DN36 5AX | - | - | 2 | Semi-Detached House | |
£130K | 05/21 | 0.17 mi | 7, Ashby Close, Holton Le Clay, Grimsby, Lincolnshire DN36 5BD | - | - | 2 | Semi-Detached House | |
£150K | 08/21 | 0.2 mi | 15, Evendine Court, Holton Le Clay, Grimsby, Lincolnshire DN36 5BB | £2,344 | 64 | 2 | Semi-Detached House | |
£134K | 01/21 | 0.2 mi | 17, Evendine Court, Holton Le Clay, Grimsby, Lincolnshire DN36 5BB | £2,271 | 59 | 2 | Semi-Detached House | |
£165K | 01/21 | 0.42 mi | 70, Picksley Crescent, Holton Le Clay, Grimsby, Lincolnshire DN36 5YE | £2,500 | 66 | 2 | Detached House | |
£179.9K | 12/20 | 0.43 mi | 15, Church Lane, Holton Le Clay, Grimsby, Lincolnshire DN36 5AQ | £2,499 | 72 | 2 | Detached House | |
£170K | 06/21 | 0.44 mi | 19, Campions Close, Holton Le Clay, Grimsby, Lincolnshire DN36 5HF | £3,277 | 52 | 2 | Detached House | |
£140K | 04/21 | 0.47 mi | 20, Silver Street, Holton Le Clay, Grimsby, Lincolnshire DN36 5DX | £2,642 | 53 | 2 | Semi-Detached House | |
£164K | 09/23 | 0.47 mi | 18, Silver Street, Holton Le Clay, Grimsby, Lincolnshire DN36 5DX | - | - | 2 | Semi-Detached House | |
£249K | 09/21 | 0.49 mi | White Cottage, Peppercorn Walk, Holton Le Clay, Grimsby, Lincolnshire DN36 5DQ | £4,168 | 60 | 2 | Detached House | |
£242.5K | 06/23 | 0.52 mi | 52, Louth Road, Holton Le Clay, Grimsby, Lincolnshire DN36 5DZ | - | - | 2 | Detached House | |
£192.5K | 01/23 | 0.59 mi | 3, Mount Pleasant, Holton Le Clay, Grimsby, Lincolnshire DN36 5ED | £2,567 | 75 | 2 | Semi-Detached House | |
£180K | 08/21 | 1.21 mi | 10, Westlands Avenue, Tetney, Grimsby, Lincolnshire DN36 5LP | £1,800 | 100 | 2 | Semi-Detached House | |
£200K | 09/23 | 1.22 mi | 43, Enfield Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4RD | - | - | 2 | Semi-Detached House | |
£187.5K | 08/23 | 1.25 mi | Pebble Cottage, Holton Road, Tetney, Grimsby, Lincolnshire DN36 5LS | £2,841 | 66 | 2 | Detached House | |
£154K | 09/23 | 1.3 mi | 16, Pretymen Crescent, New Waltham, Grimsby, North East Lincolnshire DN36 4NS | - | - | 2 | Semi-Detached House | |
£212.5K | 04/23 | 1.35 mi | 6, Station Mews, New Waltham, Grimsby, North East Lincolnshire DN36 4BE | £1,969 | 108 | 2 | Terraced House | |
£77.5K | 05/21 | 1.35 mi | 1, North End Road, Tetney, Grimsby, Lincolnshire DN36 5NA | £1,014 | 76 | 2 | Semi-Detached House | |
£139.9K | 03/21 | 1.35 mi | 34, North End Road, Tetney, Grimsby, Lincolnshire DN36 5NA | £1,944 | 72 | 2 | Terraced House | |
£142.5K | 03/23 | 1.35 mi | 1, North End Road, Tetney, Grimsby, Lincolnshire DN36 5NA | £1,864 | 76 | 2 | Terraced House | |
£136K | 10/21 | 1.36 mi | 16, Fourways, Tetney, Grimsby, Lincolnshire DN36 5NF | £2,324 | 59 | 2 | Semi-Detached House | |
£250K | 11/21 | 1.39 mi | 21, Humberston Avenue, Humberston, Grimsby, North East Lincolnshire DN36 4SL | £3,333 | 75 | 2 | Semi-Detached House | |
£162.5K | 03/23 | 1.41 mi | 31, Hawthorne Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4PR | - | - | 2 | Detached House | |
£120K | 09/23 | 1.44 mi | 13, Farmhouse Mews, New Waltham, Grimsby, North East Lincolnshire DN36 4YA | - | - | 2 | Semi-Detached House | |
£112K | 11/20 | 1.44 mi | 6, Farmhouse Mews, New Waltham, Grimsby, North East Lincolnshire DN36 4YA | £2,036 | 55 | 2 | Terraced House | |
£136K | 04/23 | 1.44 mi | 7, Farmhouse Mews, New Waltham, Grimsby, North East Lincolnshire DN36 4YA | £2,345 | 58 | 2 | Terraced House | |
£140K | 04/22 | 1.45 mi | 6, Farmhouse Mews, New Waltham, Grimsby, North East Lincolnshire DN36 4YA | £2,545 | 55 | 2 | Terraced House | |
£210K | 08/21 | 1.46 mi | 2, Stoney Way, Tetney, Grimsby, Lincolnshire DN36 5PG | £2,625 | 80 | 2 | Detached House | |
£175K | 09/23 | 1.46 mi | 3, Stoney Way, Tetney, Grimsby, Lincolnshire DN36 5PG | - | - | 2 | Semi-Detached House | |
£189K | 09/23 | 1.47 mi | 13, The Orchard, New Waltham, Grimsby, North East Lincolnshire DN36 4PQ | - | - | 2 | Semi-Detached House | |
£173.5K | 07/21 | 1.47 mi | 8, The Orchard, New Waltham, Grimsby, North East Lincolnshire DN36 4PQ | - | - | 2 | Semi-Detached House | |
£145K | 10/20 | 1.5 mi | 6, Bygott Walk, New Waltham, Grimsby, North East Lincolnshire DN36 4HF | £2,197 | 66 | 2 | Terraced House | |
£150K | 07/23 | 1.5 mi | 4, Bygott Walk, New Waltham, Grimsby, North East Lincolnshire DN36 4HF | - | - | 2 | Terraced House | |
£222.5K | 11/20 | 1.51 mi | 14, Chapel Garth, Tetney, Grimsby, Lincolnshire DN36 5JG | £2,367 | 94 | 2 | Detached House | |
£180K | 11/22 | 1.53 mi | 20, Marquis Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4ND | £2,573 | 70 | 2 | Semi-Detached House | |
£207.5K | 07/21 | 1.54 mi | 32, Earl Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4NE | £2,331 | 89 | 2 | Detached House | |
£155K | 10/20 | 1.54 mi | 33, Earl Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4NE | £2,672 | 58 | 2 | Semi-Detached House | |
£185K | 11/22 | 1.57 mi | 12, Knightsbridge, New Waltham, Grimsby, North East Lincolnshire DN36 4YH | - | - | 2 | Semi-Detached House | |
£150K | 06/21 | 1.57 mi | 4, Mellor Way, New Waltham, Grimsby, North East Lincolnshire DN36 4GW | £1,838 | 82 | 2 | Semi-Detached House | |
£132.5K | 04/21 | 1.58 mi | 8, Toll Bar Avenue, New Waltham, Grimsby, North East Lincolnshire DN36 4PW | £2,172 | 61 | 2 | Semi-Detached House | |
£92.5K | 02/21 | 1.59 mi | 3, Anningson Lane, New Waltham, Grimsby, North East Lincolnshire DN36 4LH | £1,341 | 69 | 2 | Semi-Detached House | |
£220K | 10/23 | 1.6 mi | 48, Peaks Lane, New Waltham, Grimsby, North East Lincolnshire DN36 4NB | £2,500 | 88 | 2 | Semi-Detached House | |
£215K | 03/23 | 1.62 mi | 7, South Sea Lane, Humberston, Grimsby, North East Lincolnshire DN36 4JY | - | - | 2 | Detached House | |
£135K | 08/22 | 1.65 mi | Cleveland, Market Place, Tetney, Grimsby, Lincolnshire DN36 5NN | £2,213 | 61 | 2 | Terraced House | |
£170K | 05/21 | 1.67 mi | 15, Oderin Drive, New Waltham, Grimsby, North East Lincolnshire DN36 4GJ | - | - | 2 | Semi-Detached House | |
£175.5K | 08/23 | 1.73 mi | 8, Amethyst Court, New Waltham, Grimsby, North East Lincolnshire DN36 4YR | £3,250 | 54 | 2 | Semi-Detached House | |
£195K | 05/21 | 1.73 mi | 13, Amethyst Court, New Waltham, Grimsby, North East Lincolnshire DN36 4YR | - | - | 2 | Detached House | |
£193K | 01/23 | 1.74 mi | 16, Amethyst Court, New Waltham, Grimsby, North East Lincolnshire DN36 4YR | - | - | 2 | Detached House | |
£155K | 02/21 | 1.77 mi | 18, Ledbury Drive, New Waltham, Grimsby, North East Lincolnshire DN36 4YS | - | - | 2 | Semi-Detached House | |
£175K | 03/21 | 1.79 mi | Bernice, Church Lane, Tetney, Grimsby, Lincolnshire DN36 5JX | £2,734 | 64 | 2 | Semi-Detached House |
Local Rents
50 rents from £550/mo to £2.5K/mo, average is £895/mo.
Rent | Date | Distance | Address | Beds | Type | |
£850 | 03/24 | 0.21 mi | Newstead Avenue, Holton Le Clay, Grimsby | 3 | Semi-Detached House | |
£850 | 04/24 | 0.21 mi | Newstead Avenue, Holton Le Clay, Grimsby | 3 | Semi-Detached House | |
£725 | 10/23 | 0.41 mi | - | 3 | Semi-Detached House | |
£875 | 04/24 | 0.44 mi | Campions Close, Holton-le-Clay, Grimsby, Lincolnshire, DN36 | 2 | Bungalow | |
£925 | 05/24 | 0.44 mi | Church Close, Holton Le Clay, DN36 | 3 | Terraced House | |
£1,600 | 04/24 | 0.55 mi | Louth Road, Holton-le-Clay, Grimsby, Lincolnshire, DN36 | 5 | Detached House | |
£595 | 04/24 | 0.59 mi | Beverley Close, Holton-Le-Clay, Grimsby, DN36 | 2 | Flat | |
£555 | 05/24 | 0.59 mi | - | 2 | Flat | |
£550 | 11/23 | 0.59 mi | - | 2 | Flat | |
£750 | 03/24 | 1 mi | Holton Road, Tetney, DN36 5LN | 2 | Detached House | |
£2,400 | 03/24 | 1.08 mi | The Maples, Humberston, DN36 | 4 | Detached House | |
£925 | 03/24 | 1.1 mi | Hedges Drive, Humberston, Grimsby, DN36 | 3 | Semi-Detached House | |
£925 | 03/24 | 1.14 mi | Green Lane, Humberston, GRIMSBY | 3 | House | |
£895 | 03/24 | 1.26 mi | Parklands Avenue, Humberston, Grimsby, Lincolnshire, DN36 | 3 | Semi-Detached House | |
£1,200 | 03/24 | 1.26 mi | Parklands Avenue, Humberston | 4 | Detached House | |
£885 | 04/24 | 1.29 mi | Station Avenue, New Waltham, Lincolnshire, DN36 | 3 | Bungalow | |
£825 | 02/24 | 1.31 mi | - | 3 | Semi-Detached House | |
£895 | 03/25 | 1.31 mi | - | 3 | Semi-Detached House | |
£1,200 | 04/24 | 1.32 mi | Humberston Road, Tetney, Grimsby | 1 | Bungalow | |
£1,083 | 01/25 | 1.37 mi | - | 5 | Semi-Detached House | |
£1,200 | 04/24 | 1.43 mi | Town Road, Tetney | 4 | Semi-Detached House | |
£675 | 09/24 | 1.45 mi | - | 2 | Terraced House | |
£1,200 | 03/24 | 1.5 mi | Bygott Walk, New Waltham, Grimsby, DN36 | 4 | Semi-Detached House | |
£925 | 03/24 | 1.53 mi | Alder Avenue, Humberston, Grimsby, Lincolnshire, DN36 | 3 | Semi-Detached House | |
£995 | 03/24 | 1.53 mi | Aldwych Croft, New Waltham | 4 | Detached House | |
£895 | 04/24 | 1.54 mi | - | 3 | Semi-Detached House | |
£895 | 03/24 | 1.54 mi | Harvey Walk, New Waltham, DN36 | 3 | Semi-Detached House | |
£995 | 04/24 | 1.55 mi | Wellington Avenue, New Waltham | 3 | Semi-Detached House | |
£995 | 03/24 | 1.55 mi | Peterson Drive, New Waltham | 4 | Flat | |
£875 | 08/24 | 1.56 mi | - | 3 | Terraced House | |
£895 | 05/24 | 1.56 mi | Peterson Drive, Grimsby, DN36 | 3 | Terraced House | |
£1,000 | 08/24 | 1.59 mi | - | 3 | Semi-Detached House | |
£2,500 | 03/24 | 1.64 mi | Thoresby Road, Tetney, DN36 | 5 | Detached House | |
£1,400 | 04/24 | 1.65 mi | Garrick Lane, New Waltham, DN36 | 5 | Detached House | |
£2,300 | 04/24 | 1.67 mi | The Barn, Thoresby Road, Tetney | 6 | Detached House | |
£925 | 03/24 | 1.7 mi | Becklands Avenue, New Waltham, Grimsby | 3 | Flat | |
£670 | 03/24 | 1.7 mi | Colonsay Court, New Waltham, N E Lincolnshire, DN36 | 2 | Terraced House | |
£750 | 03/24 | 1.72 mi | Amethyst Court, New Waltham, Grimsby, Lincolnshire, DN36 | 2 | Flat | |
£670 | 03/24 | 1.74 mi | St Clements Way, New Waltham, Grimsby, DN36 | 2 | Flat | |
£650 | 04/24 | 1.74 mi | St Clements Way, New Waltham, Grimsby, North East Lincolnshire, DN36 | 2 | Terraced House | |
£800 | 08/23 | 1.74 mi | - | 1 | Flat | |
£925 | 04/24 | 1.95 mi | Fern Close, Humberston, Grimsby, DN36 | 3 | Semi-Detached House | |
£905 | 03/24 | 1.95 mi | Fern Close, Humberston, Grimsby, Lincolnshire, DN36 | 3 | Semi-Detached House | |
£1,250 | 03/24 | 1.97 mi | Kemeshame Court, Waltham, Grimsby, DN37 | 3 | Detached House | |
£875 | 03/24 | 1.99 mi | Coniston Crescent, Humberston, Grimsby, DN36 | 2 | Flat | |
£600 | 03/24 | 2.1 mi | Grimsby Road, Waltham, Grimsby, Lincolnshire, DN37 | 1 | Terraced House | |
£895 | 04/24 | 2.13 mi | Queen Elizabeth Road, Humberston, Grimsby | 3 | Bungalow | |
£1,100 | 03/24 | 2.14 mi | Stanland Way, Humberston, DN36 | 5 | Detached House | |
£700 | 07/23 | 2.16 mi | - | 2 | Terraced House | |
£715 | 09/24 | 2.16 mi | - | 2 | Terraced House |
Local Area Statistics
Population in DN36 | 19,16419,164 |
Population in Grimsby | 124,581124,581 |
Town centre distance | 4.05 miles away4.05 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 4.01 miles away4.01 miles away |
| |
Rental growth (12m) | -31%-31% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +14%+14% |
Property History
Listed for £166,000
March 3, 2025
Floor Plans

Description
- Desirable village location with a peaceful setting +
- Semi-detached bungalow with great potential +
- Spacious lounge with a character fireplace and log-burning stove +
- Two well-sized bedrooms with ample storage +
- Generous off-road parking, 12.6ft x 27ft double garage, carport & parking for 8 cars +
- Double glazing, gas central heating & injection insulation +
Situated in the charming village of Holton-Le-Clay, this semi-detached bungalow offers a fantastic opportunity for buyers seeking a home with both character and scope for improvement. With a spacious layout, ample storage, and extensive off-road parking, this property is ideal for those looking for a peaceful retreat with easy access to local amenities.
Upon entering, you are welcomed into a bright hallway leading to all main rooms. The lounge is a standout feature, boasting an exposed brick fireplace with a vintage log-burning stove, creating a cosy and inviting atmosphere. The kitchen provides a functional layout with fitted units, ample workspace, and access to the conservatory, which is bathed in natural light—perfect for enjoying your morning coffee or creating an additional dining space.
Both bedrooms are well-proportioned, with the main bedroom featuring built-in wardrobes for added storage. The shower room is fitted with a walk-in shower, a vanity sink unit, and modern fixtures for convenience.
One of the property's most impressive features is its outdoor space. The front driveway provides enough parking for up to 8 cars, while the 12.6ft x 27ft double garage and carport offer further storage and security for vehicles. The low-maintenance rear garden is enclosed, providing a private space to relax, though it would benefit from some light refurbishment to reach its full potential.
Additional benefits include injection insulation, a fully insulated loft, double glazing throughout, and a gas central heating system, making the property both comfortable and energy-efficient. With an EPC rating of C, it offers long-term savings on energy costs.
While the bungalow would benefit from some modernisation, it presents an excellent opportunity for buyers looking to add value and create their ideal home. Whether you are an investor, downsizer, or first-time buyer, this property is full of potential in a desirable village setting.
Don't miss this chance—schedule a viewing today!
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You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.
The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.
The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.
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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate.Speak to one of our property specialists about our reservation deposit scheme to find out more.
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