3 Bed Terraced House, Single Let, Grimsby, DN32 7LW, £45,000

Castle Street, Grimsby, Lincolnshire, DN32 7LW - 18 views - a month ago

BTL
ROI: 22%
~93 m²
+5 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£11,250

Stamp Duty & Legal Fees

£3,450

Total Cash In

£14,700

 

 

Cash Out

 

Rent Range

£475 - £2,000

Rent Estimate

£540

Running Costs/mo

£269

Cashflow/mo

£271

Cashflow/yr

£3,257

ROI

22%

Gross Yield

14%

Local Sold Prices

50 sold prices from £40K to £140K, average is £63K. £369/m² to £1.4K/m², average is £658/m².

PriceDateDistanceAddressBeds 
£110K10/210.01 mi49a, Castle Street, Grimsby, North East Lincolnshire DN32 7LW3
£49K01/230.02 mi41, Castle Street, Grimsby, North East Lincolnshire DN32 7LW3
£42.2K06/210.05 mi9, Harold Street, Grimsby, North East Lincolnshire DN32 7LR3
£45K01/210.05 mi194, Stanley Street, Grimsby, North East Lincolnshire DN32 7LH3
£50K11/210.08 mi71, Castle Street, Grimsby, North East Lincolnshire DN32 7LG3
£57K09/230.08 mi152, Stanley Street, Grimsby, North East Lincolnshire DN32 7LJ3
£70.5K11/210.08 mi157, Stanley Street, Grimsby, North East Lincolnshire DN32 7LJ3
£40K03/210.08 mi150, Stanley Street, Grimsby, North East Lincolnshire DN32 7LJ3
£58K10/200.08 mi157, Stanley Street, Grimsby, North East Lincolnshire DN32 7LJ3
£59K01/210.08 mi293, Wellington Street, Grimsby, North East Lincolnshire DN32 7JU3
£44K03/210.09 mi52, Harold Street, Grimsby, North East Lincolnshire DN32 7NB3
£48K12/220.1 mi43, Harold Street, Grimsby, North East Lincolnshire DN32 7NB3
£66K02/230.1 mi150, Stanley Street, Grimsby, North East Lincolnshire DN32 7LJ3
£82.5K01/230.11 mi87, Roberts Street, Grimsby, North East Lincolnshire DN32 8BT3
£45K11/200.11 mi254, Stanley Street, Grimsby, North East Lincolnshire DN32 8BS3
£72K03/230.11 mi242, Stanley Street, Grimsby, North East Lincolnshire DN32 8BS3
£56K05/210.11 mi15, Tunnard Street, Grimsby, North East Lincolnshire DN32 7LS3
£75K04/230.11 mi6, Tunnard Street, Grimsby, North East Lincolnshire DN32 7LS3
£50K12/200.11 mi3, Tunnard Street, Grimsby, North East Lincolnshire DN32 7LS3
£65K03/230.12 mi211, Wellington Street, Grimsby, North East Lincolnshire DN32 7JN3
£56K02/230.13 mi59, Tunnard Street, Grimsby, North East Lincolnshire DN32 7NA3
£68K12/200.13 mi308, Weelsby Street, Grimsby, North East Lincolnshire DN32 8AE3
£43K11/200.17 mi83, Stanley Street, Grimsby, North East Lincolnshire DN32 7LN3
£60K04/210.19 mi59, Buller Street, Grimsby, North East Lincolnshire DN32 8BW3
£75K07/230.19 mi349, Weelsby Street, Grimsby, North East Lincolnshire DN32 8BN3
£55K04/210.2 mi5, Buttermere Way, Grimsby, North East Lincolnshire DN32 7EH3
£70K12/200.2 mi8, Buttermere Way, Grimsby, North East Lincolnshire DN32 7EH3
£60K02/210.2 mi412, Wellington Street, Grimsby, North East Lincolnshire DN32 7JS3
£72K06/210.2 mi380, Wellington Street, Grimsby, North East Lincolnshire DN32 7JS3
£61K12/200.2 mi392, Wellington Street, Grimsby, North East Lincolnshire DN32 7JS3
£45K11/210.2 mi129, Harold Street, Grimsby, North East Lincolnshire DN32 7NQ3
£50K04/210.2 mi94, Harold Street, Grimsby, North East Lincolnshire DN32 7NQ3
£40K11/200.2 mi135, Harold Street, Grimsby, North East Lincolnshire DN32 7NQ3
£82K04/230.2 mi409, Wellington Street, Grimsby, North East Lincolnshire DN32 7JT3
£70K07/210.21 mi156, Castle Street, Grimsby, North East Lincolnshire DN32 7LA3
£50K12/200.21 mi108, Oxford Street, Grimsby, Humberside DN32 7PB3
£115K08/210.21 mi30, Humberstone Road, Grimsby, North East Lincolnshire DN32 8BP3
£95K02/230.24 mi23, Seascale Walk, Grimsby, North East Lincolnshire DN32 7EL3
£78K02/210.24 mi383, Weelsby Street, Grimsby, North East Lincolnshire DN32 8BJ3
£65K02/230.24 mi15, Duke Street, Grimsby, North East Lincolnshire DN32 7RU3
£78K11/220.24 mi175, Hildyard Street, Grimsby, North East Lincolnshire DN32 7LX3
£65K01/210.26 mi5, Marlborough Close, Grimsby, North East Lincolnshire DN32 7JD3
£112K05/230.26 mi1a, Buller Street, Grimsby, North East Lincolnshire DN32 8BL3
£140K01/230.26 mi144, Durban Road, Grimsby, North East Lincolnshire DN32 8AY3
£80K08/230.27 mi128, Park Street, Grimsby, North East Lincolnshire DN32 7NT3
£49K12/200.27 mi64, Weelsby Street, Grimsby, North East Lincolnshire DN32 7RY3
£125K04/210.27 mi142, Durban Road, Grimsby, Humberside DN32 8AY3
£65K01/210.27 mi219, Durban Road, Grimsby, North East Lincolnshire DN32 8AU3
£60K01/210.27 mi217, Durban Road, Grimsby, North East Lincolnshire DN32 8AU3
£65K01/210.27 mi136, Durban Road, Grimsby, North East Lincolnshire DN32 8AY3

Local Rents

50 rents from £475/mo to £2K/mo, average is £635/mo.

RentDateDistanceAddressBeds 
£62011/230.02 mi-3
£62002/250.02 mi-3
£47503/240.05 miHarold Street, Grimsby3
£57501/240.05 mi-3
£65003/250.05 mi-3
£55004/240.07 miWeelsby Street, Grimsby, DN323
£57501/250.08 mi-3
£52504/240.08 mi33 Harold Street, Grimsby3
£57501/240.09 mi-3
£58004/240.1 miWeelsby Street, Grimsby3
£60002/250.1 mi-3
£70004/250.12 mi-3
£80003/250.12 mi-3
£54003/250.12 mi-3
£75004/250.13 mi-3
£58503/240.13 miWeelsby Street, Grimsby3
£59503/240.13 miWeelsby Street, Grimsby3
£59503/250.18 mi-3
£72512/240.19 mi-3
£75004/250.2 mi-3
£53503/240.2 miWellington Street, Grimsby3
£65002/250.2 mi-3
£80002/250.21 mi-3
£75004/250.21 mi-3
£60002/250.26 mi-3
£57503/240.26 miBuller Street, Grimsby, DN323
£85001/250.27 mi-3
£80004/250.27 mi-3
£64012/240.27 mi-3
£67502/250.27 mi-3
£65003/240.28 miWeelsby Street, Grimsby3
£67503/250.29 mi-3
£64003/240.29 miCooper Road, Grimsby3
£2,00001/250.29 mi-3
£60012/240.29 mi-3
£57503/240.3 miDurban Road, Grimsby, DN323
£70003/240.3 miCooper Road, Grimsby3
£72503/240.3 miDurban Road, Grimsby, DN323
£72504/240.3 miDurban Road, Grimsby, DN323
£62504/240.3 miDurban Road, Grimsby3
£63001/250.3 mi-3
£57503/240.32 miStanley St, Grimsby, DN323
£85004/240.32 miQueen Mary Avenue, Cleethorpes, DN353
£60012/230.32 mi-3
£75012/230.33 mi-3
£75005/240.33 mi-3
£75003/250.33 mi-3
£65002/240.34 mi-3
£60004/240.34 miDurban Road, Grimsby3
£54003/240.34 miClerke Street, Cleethorpes3

Property History

Listed for £45,000

March 11, 2025

Floor Plans

Description

  • Mid Terrace Property +
  • 3 Bedrooms +
  • Grimsby Location +
  • No Onward Chain +
  • Ideal Investment Opportunity +
  • Work Required +
  • Viewing Essential +
  • EPC Rating - D, Council Tax Band - A +

This mid terrace property is offered for sale with no onward chain! Located in this established location within close proximity to Grimsby and within easy reach of Cleethorpes, the property offers an ideal opportunity for investors or first time buyers as the property does require work. Internal viewings are highly recommended in order to fully appreciate the potential on offer, which is comprised of: Entrance Hallway, Lounge, Dining Room, Kitchen, Bathroom and Three Bedrooms.
The property benefits from a private garden to the rear and on street parking is available.

Agent Details

Pygott & Crone, Grimsby

01472 404413

Next Steps?

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