3 Bed Terraced House, Single Let, Grimsby, DN32 9BT, £45,000

Hainton Avenue, GRIMSBY, DN32 9BT - 5 views - a month ago

Auction
BTL
ROI: 22%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£45K - £156K
Sold Prices/m²£369/m² - £1.4K/m²

 

 

Square Metres

~93 m²
Price/m²£484/m²

Value Estimate

£54,900
BMV22%

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

£495 - £1,970

Rent Estimate

£541

Running Costs/mo

£269

Cashflow/mo

£272

Cashflow/yr

£3,266

ROI

22%

Gross Yield

14%

Local Sold Prices

50 sold prices from £45K to £156K, average is £73K. £369/m² to £1.4K/m², average is £772/m².

PriceDateDistanceAddressBeds 
£71K03/230.01 mi86, Hainton Avenue, Grimsby, North East Lincolnshire DN32 9BT3
£71K05/230.02 mi63, Hainton Avenue, Grimsby, North East Lincolnshire DN32 9BX3
£58K09/220.03 mi87, Willingham Street, Grimsby, North East Lincolnshire DN32 9BS3
£94K01/230.07 mi92, Heneage Road, Grimsby, North East Lincolnshire DN32 9JJ3
£55K06/210.07 mi55, Heneage Road, Grimsby, North East Lincolnshire DN32 9JJ3
£80K03/230.07 mi67, Heneage Road, Grimsby, North East Lincolnshire DN32 9JJ3
£105K05/230.12 mi131, Willingham Street, Grimsby, North East Lincolnshire DN32 9PT3
£70K08/210.15 mi1, Thomas Street, Grimsby, North East Lincolnshire DN32 9HP3
£73K02/230.22 mi65, Sixhills Street, Grimsby, North East Lincolnshire DN32 9HS3
£65K07/230.22 mi246, Convamore Road, Grimsby, North East Lincolnshire DN32 9HX3
£65K07/230.22 mi92, Sixhills Street, Grimsby, North East Lincolnshire DN32 9HT3
£65K03/230.23 mi67, Sixhills Street, Grimsby, North East Lincolnshire DN32 9HS3
£95.5K05/230.23 mi255, Convamore Road, Grimsby, North East Lincolnshire DN32 9HU3
£65K02/210.23 mi201, Willingham Street, Grimsby, North East Lincolnshire DN32 9PX3
£71K03/230.26 mi228, Willingham Street, Grimsby, North East Lincolnshire DN32 9PY3
£72K06/230.27 mi5, Ladysmith Road, Grimsby, North East Lincolnshire DN32 9EF3
£57K01/230.27 mi39, Donnington Street, Grimsby, North East Lincolnshire DN32 9EN3
£112K05/230.29 mi1a, Buller Street, Grimsby, North East Lincolnshire DN32 8BL3
£73K09/210.29 mi317, Convamore Road, Grimsby, North East Lincolnshire DN32 9HY3
£87K06/230.33 mi14, Bodiam Way, Grimsby, North East Lincolnshire DN32 7ED3
£61K11/200.34 mi4, Hare Street, Grimsby, North East Lincolnshire DN32 9LA3
£87K08/230.34 mi60, Hare Street, Grimsby, North East Lincolnshire DN32 9LA3
£75K07/230.35 mi349, Weelsby Street, Grimsby, North East Lincolnshire DN32 8BN3
£78K02/210.36 mi383, Weelsby Street, Grimsby, North East Lincolnshire DN32 8BJ3
£75K03/230.36 mi326, Willingham Street, Grimsby, North East Lincolnshire DN32 9QD3
£57K05/210.37 mi47, Wintringham Road, Grimsby, North East Lincolnshire DN32 0PD3
£82K02/230.37 mi70, Durban Road, Grimsby, North East Lincolnshire DN32 8BD3
£68K12/200.37 mi308, Weelsby Street, Grimsby, North East Lincolnshire DN32 8AE3
£75K11/210.37 mi43, Railway Street, Grimsby, North East Lincolnshire DN32 7BN3
£67.5K07/230.37 mi319, Convamore Road, Grimsby, North East Lincolnshire DN32 9HZ3
£55K04/210.37 mi5, Buttermere Way, Grimsby, North East Lincolnshire DN32 7EH3
£70K12/200.37 mi8, Buttermere Way, Grimsby, North East Lincolnshire DN32 7EH3
£65K03/230.37 mi211, Wellington Street, Grimsby, North East Lincolnshire DN32 7JN3
£60K04/210.38 mi59, Buller Street, Grimsby, North East Lincolnshire DN32 8BW3
£75K11/210.38 mi21, Cooper Road, Grimsby, North East Lincolnshire DN32 8DF3
£88K08/230.38 mi29, Cooper Road, Grimsby, North East Lincolnshire DN32 8DF3
£90K02/230.38 mi34, Cooper Road, Grimsby, North East Lincolnshire DN32 8DF3
£61.5K11/200.39 mi168, Welholme Road, Grimsby, North East Lincolnshire DN32 9LP3
£80K04/230.39 mi222, Welholme Road, Grimsby, North East Lincolnshire DN32 9JB3
£62K02/210.39 mi130, Lambert Road, Grimsby, North East Lincolnshire DN32 0NS3
£100K03/230.42 mi90, Lambert Road, Grimsby, North East Lincolnshire DN32 0NR3
£115K08/210.42 mi30, Humberstone Road, Grimsby, North East Lincolnshire DN32 8BP3
£82K07/230.43 mi20, Fairmont Road, Grimsby, North East Lincolnshire DN32 8DZ3
£77.5K12/200.43 mi448, Weelsby Street, Grimsby, North East Lincolnshire DN32 8DJ3
£75K06/210.43 mi59, Durban Road, Grimsby, North East Lincolnshire DN32 8BA3
£45K11/200.43 mi254, Stanley Street, Grimsby, North East Lincolnshire DN32 8BS3
£72K03/230.43 mi242, Stanley Street, Grimsby, North East Lincolnshire DN32 8BS3
£156K11/200.45 mi60, Ainslie Street, Grimsby, North East Lincolnshire DN32 0LY3
£86K02/210.46 mi136, Granville Street, Grimsby, North East Lincolnshire DN32 9NU3
£100K10/210.46 mi114, Granville Street, Grimsby, North East Lincolnshire DN32 9NU3

Local Rents

50 rents from £495/mo to £2K/mo, average is £610/mo.

RentDateDistanceAddressBeds 
£57504/240.02 mi-3
£74503/240.06 mi-3
£75003/240.11 miHainton Avenue, Grimsby3
£75002/240.11 mi-3
£52503/240.11 miEdward Street, Grimsby Move in deal £760!!3
£69503/250.21 mi-3
£53001/240.22 mi-3
£53503/240.22 miConvamore Road, Grimsby!3
£57504/240.23 miConvamore Road, Grimsby, North East Lincolnshire, DN323
£55003/240.27 miDonnington Street, Grimsby, Grimsby3
£67503/250.28 mi-3
£75012/230.28 mi-3
£75005/240.28 mi-3
£75003/250.28 mi-3
£57503/240.29 miBuller Street, Grimsby, DN323
£60004/250.29 mi-3
£69502/250.32 mi-3
£1,97003/250.32 mi-3
£1,97004/250.33 mi-3
£60003/240.33 miWintringham Road, Grimsby, Lincolnshire, DN323
£59511/240.33 mi-3
£72512/240.35 mi-3
£55003/240.35 miWillingham Road3
£55003/240.36 miWillingham Street, Grimsby3
£60012/230.36 mi-3
£49504/240.36 miWintringham Road, Grimsby3
£60004/240.37 miDurban Road, Grimsby3
£65004/240.37 miDurban Road, Grimsby, DN323
£60004/250.37 mi-3
£65011/240.37 mi-3
£59503/240.37 miWeelsby Street, Grimsby3
£58503/240.37 miWeelsby Street, Grimsby3
£65003/240.38 miWeelsby Street, Grimsby3
£58004/240.39 miWeelsby Street, Grimsby3
£65010/240.39 mi-3
£60002/250.4 mi-3
£55003/240.42 miHeneage Road,Grimsby3
£55003/240.42 miWelholme Road, Grimsby, DN32 9LW3
£62504/240.43 miDurban Road, Grimsby3
£65004/240.43 miGranville Street, Grimsby, Lincolnshire, DN323
£72503/240.43 miDurban Road, Grimsby, DN323
£72504/240.43 miDurban Road, Grimsby, DN323
£57503/240.43 miDurban Road, Grimsby, DN323
£69509/240.45 mi-3
£70003/250.45 mi-3
£67504/250.46 mi-3
£55004/240.47 miWeelsby Street, Grimsby, DN323
£57501/240.47 mi-3
£65003/250.47 mi-3
£62011/230.47 mi-3

Local Area Statistics

Population in DN32

29,050

Population in Grimsby

124,581

Town centre distance

0.92 miles away

Nearest school

0.10 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £45,000

March 11, 2025

Description

  • AUCTION SALE +
  • 15 April 2025 +
  • Upon instruction of AMG +
  • EPC Rating - D +
  • To view: Please contact our office. +

SUMMARY
AUCTION SALE 15 April 2025 - Freehold mid terrace house

DESCRIPTION
Freehold mid terrace house

Location:
The property is located on Hainton Avenue. Shopping amenities can be found locally within Grimsby Town Centre. Public transport links are available at Grimsby Town Train Station to the west and Grimsby Docks Train Station to the north along with a network of local bus services serving the surrounding areas. The property is served by road links including the A16 to the west and A1136 to the north west. Recreational pursuits can be found at Ainslie Park to the south west and Grant Thorold Park to the east.

Accommodation:
First floor: Three bedrooms, bathroom/wc
Ground floor: Two reception rooms, kitchen
Outside: Gardens

EPC Rating: D

Council Tax Band: A

To view:
Strictly by arrangement with the auctioneers.

Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Hammersmith Auctions

020 3866 9305

Next Steps?

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