3 Bed Semi-Detached House, Single Let, Grimsby, DN34 5ND, £100,000

Laceby Road, Grimsby, Lincolnshire, DN34 5ND - 10 days ago

Leasehold
Auction
BTL
ROI: 7%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£65K - £310K
Sold Prices/m²£764/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£115,721
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£600 - £895

Rent Estimate

£659

Running Costs/mo

£464

Cashflow/mo

£195

Cashflow/yr

£2,336

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £65K to £310K, average is £119K. £764/m² to £3.1K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£310K04/210.04 mi27, Bradley Road, Grimsby, North East Lincolnshire DN33 1QN3
£112K12/200.05 mi432, Laceby Road, Grimsby, North East Lincolnshire DN34 5ND3
£183K04/230.05 mi442, Laceby Road, Grimsby, North East Lincolnshire DN34 5ND3
£210K03/210.06 mi24, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ3
£195K03/210.06 mi13, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ3
£180K10/220.08 mi14, Stephen Crescent, Grimsby, North East Lincolnshire DN34 5LZ3
£107K01/210.11 mi19, Brocklesby Road, Grimsby, North East Lincolnshire DN34 5NF3
£69K12/200.12 mi9, Selbourne Road, Grimsby, North East Lincolnshire DN34 5SD3
£85K11/210.13 mi33, Clarendon Road, Grimsby, North East Lincolnshire DN34 5SE3
£78K11/210.13 mi19, Clarendon Road, Grimsby, North East Lincolnshire DN34 5SE3
£80K01/210.13 mi49, Clarendon Road, Grimsby, North East Lincolnshire DN34 5SE3
£128K12/200.15 mi6, Longfield Road, Grimsby, North East Lincolnshire DN34 5SB3
£135K03/230.15 mi384, Laceby Road, Grimsby, North East Lincolnshire DN34 5LX3
£116K09/210.16 mi209, Little Coates Road, Grimsby, North East Lincolnshire DN34 5TP3
£127.5K10/200.18 mi6, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PJ3
£130K11/200.18 mi491, Laceby Road, Grimsby, North East Lincolnshire DN34 5PA3
£84.5K05/210.21 mi20, Welbeck Road, Grimsby, North East Lincolnshire DN34 5NJ3
£110K03/210.21 mi24, Welbeck Road, Grimsby, North East Lincolnshire DN34 5NJ3
£120K10/200.23 mi27, Winchcombe Avenue, Grimsby, North East Lincolnshire DN34 5PR3
£100K06/230.23 mi4, Winchcombe Avenue, Grimsby, North East Lincolnshire DN34 5PR3
£165K12/220.24 mi1, Tattershall Avenue, Grimsby, North East Lincolnshire DN34 5JL3
£75K12/200.24 mi10, Wroxham Avenue, Grimsby, North East Lincolnshire DN34 5SF3
£92K02/210.24 mi6, Willoughby Grove, Grimsby, North East Lincolnshire DN34 5JS3
£100K10/200.24 mi150, Little Coates Road, Grimsby, North East Lincolnshire DN34 5SX3
£95K01/230.25 mi7, Willoughby Grove, Grimsby, North East Lincolnshire DN34 5JS3
£105K10/200.25 mi1, Newbury Grove, Grimsby, Humberside DN34 5SG3
£100K07/230.25 mi34, Pershore Avenue, Grimsby, North East Lincolnshire DN34 5PU3
£172K11/220.25 mi364, Laceby Road, Grimsby, North East Lincolnshire DN34 5LU3
£135K02/230.26 mi20, Sherwood Road, Grimsby, North East Lincolnshire DN34 5TN3
£165K10/220.27 mi511, Laceby Road, Grimsby, North East Lincolnshire DN34 5PB3
£130K03/230.27 mi48, Barry Avenue, Grimsby, North East Lincolnshire DN34 5LS3
£118K02/210.27 mi40, Barry Avenue, Grimsby, North East Lincolnshire DN34 5LS3
£150K03/210.27 mi14, Barry Avenue, Grimsby, North East Lincolnshire DN34 5LS3
£155K03/210.27 mi24, Barry Avenue, Grimsby, Humberside DN34 5LS3
£115K08/210.28 mi63, Crowland Avenue, Grimsby, North East Lincolnshire DN34 5JT3
£65K10/210.29 mi72, Wroxham Avenue, Grimsby, North East Lincolnshire DN34 5SQ3
£87K10/200.32 mi58, Sherwood Road, Grimsby, North East Lincolnshire DN34 5TJ3
£135K03/210.32 mi60, The Ridgeway, Grimsby, North East Lincolnshire DN34 5PQ3
£210K01/230.33 mi108, Little Coates Road, Grimsby, North East Lincolnshire DN34 5SY3
£145K11/220.34 mi20, Watford Avenue, Grimsby, North East Lincolnshire DN34 5JF3
£125K05/230.35 mi85, St Ives Crescent, Grimsby, North East Lincolnshire DN34 5SJ3
£66.5K10/200.36 mi11, Alder View, Grimsby, North East Lincolnshire DN33 1RH3
£77K12/220.36 mi39, Alder View, Grimsby, North East Lincolnshire DN33 1RH3
£127K06/210.36 mi116, Little Coates Road, Grimsby, North East Lincolnshire DN34 5SY3
£135K05/210.36 mi118, Little Coates Road, Grimsby, North East Lincolnshire DN34 5SY3
£82K01/230.36 mi153, Sherwood Road, Grimsby, North East Lincolnshire DN34 5TQ3
£125K09/210.39 mi120, Pershore Avenue, Grimsby, North East Lincolnshire DN34 5QA3
£106K02/210.39 mi128, Pershore Avenue, Grimsby, North East Lincolnshire DN34 5QA3
£72K07/230.39 mi18, Wymark View, Grimsby, North East Lincolnshire DN33 1RF3
£120K07/210.39 mi173, Pershore Avenue, Grimsby, North East Lincolnshire DN34 5PZ3

Local Rents

12 rents from £600/mo to £895/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£68502/250.1 mi-3
£68003/250.1 mi-3
£72503/240.13 miClarendon Road, Grimsby, DN343
£72504/240.26 mi-3
£72504/240.26 miWroxham Avenue, Grimsby, DN343
£89503/240.45 miStainton Drive, Grimsby, Lincolnshire, DN333
£65011/230.56 mi-3
£67502/250.56 mi-3
£60012/230.57 mi-3
£69502/250.57 mi-3
£69503/240.57 mi-3
£79503/240.61 mi-3

Local Area Statistics

Population in DN34

19,205

Population in Grimsby

124,581

Town centre distance

1.31 miles away

Nearest school

0.40 miles away

Nearest train station

1.78 miles away

 

 

Rental growth (12m)

-18%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £100,000

March 11, 2025

Floor Plans

Description

  • Being Sold via Secure Sale Online Bidding, Terms & Conditions Apply +
  • 3 Bedroom Semi-Detached House +
  • Prime Residential Position +
  • Gas Central Heating System +
  • Garage & Driveway +

An excellent opportunity to purchase this 3 bedroom semi-detached house, located in this prime residential position close to schools, amenities and Grimsby Town Centre.

The ground floor accommodates a porch, entrance hallway, living room, dining room and kitchen, whilst the first floor accommodates the 3 bedrooms and the family bathroom.

Gardens -
The property benefits from front and rear gardens with the front being partially laid to lawn and partially concreted allowing for ample off-road parking and leading to access the garage in the rear garden. The rear garden is predominantly laid to lawn whilst also having a paving/concreted area and is surrounded on all sides by timber fencing.

Garage - Located in the rear garden with an up and over door, timber single glazed side courtesy door and complete with electrics.

Tenure - Leasehold - For a term of 999 years from 6th April 1927. We understand from the vendor that a ground rent is payable of approximately £12.50 per annum. All interested parties are advised to make their own enquiries.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 901
Annual Ground Rent Amount: £13.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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