3 Bed Terraced House, Single Let, Grimsby, DN32 0JJ, £65,000

50 Highfield Avenue, Grimsby, DN32 0JJ - 3 views - a month ago

BTL
ROI: 15%
101 m²
+9 photos

ValuationUndervalued

Sold Prices£58K - £218.5K
Sold Prices/m²£598/m² - £2K/m²

 

 

Square Metres

101 m²
Price/m²£644/m²

Value Estimate

£79,300
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£4,450

Total Cash In

£20,700

 

 

Cash Out

 

Rent Range

£495 - £1,970

Rent Estimate

£600

Running Costs/mo

£343

Cashflow/mo

£257

Cashflow/yr

£3,083

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £58K to £218.5K, average is £111.5K. £598/m² to £2K/m², average is £940/m².

PriceDateDistanceAddressBeds 
£85K01/230.06 mi13, Gertrude Street, Grimsby, North East Lincolnshire DN32 0JN3
£70K05/230.07 mi77, Highfield Avenue, Grimsby, North East Lincolnshire DN32 0JW3
£149K02/230.08 mi179, Farebrother Street, Grimsby, North East Lincolnshire DN32 0JP3
£97K12/200.08 mi7, Bratton Court, Grimsby, North East Lincolnshire DN32 0AR3
£159.5K05/210.09 mi196, Farebrother Street, Grimsby, North East Lincolnshire DN32 0JR3
£133.5K06/230.1 mi130, Farebrother Street, Grimsby, North East Lincolnshire DN32 0JS3
£136K02/230.1 mi400, Hainton Avenue, Grimsby, North East Lincolnshire DN32 9QR3
£141K05/230.14 mi188, Legsby Avenue, Grimsby, North East Lincolnshire DN32 0LB3
£80K06/230.14 mi11, Peaksfield Avenue, Grimsby, North East Lincolnshire DN32 9QE3
£66K03/210.14 mi26, Peaksfield Avenue, Grimsby, North East Lincolnshire DN32 9QE3
£72K07/230.14 mi26, Peaksfield Avenue, Grimsby, North East Lincolnshire DN32 9QE3
£110K10/210.15 mi141, Legsby Avenue, Grimsby, North East Lincolnshire DN32 0LA3
£100K02/210.15 mi115, Legsby Avenue, Grimsby, North East Lincolnshire DN32 0LA3
£85K04/210.15 mi113, Legsby Avenue, Grimsby, North East Lincolnshire DN32 0LA3
£104K11/210.15 mi25, David Street, Grimsby, North East Lincolnshire DN32 9NL3
£95K08/230.15 mi21, David Street, Grimsby, North East Lincolnshire DN32 9NL3
£90K05/230.15 mi10, David Street, Grimsby, North East Lincolnshire DN32 9NL3
£76.8K12/200.15 mi11, Torrington Street, Grimsby, North East Lincolnshire DN32 9QH3
£125K09/210.16 mi44, Farebrother Street, Grimsby, North East Lincolnshire DN32 0JU3
£113K04/230.17 mi37, Algernon Street, Grimsby, North East Lincolnshire DN32 9QS3
£86.5K05/210.17 mi17, Algernon Street, Grimsby, North East Lincolnshire DN32 9QS3
£61K04/210.17 mi49, Patrick Street, Grimsby, North East Lincolnshire DN32 9NT3
£95K04/210.19 mi41, Legsby Avenue, Grimsby, North East Lincolnshire DN32 0NE3
£150K09/210.19 mi15, Dixon Avenue, Grimsby, North East Lincolnshire DN32 0AJ3
£210K08/230.19 mi37, Dixon Avenue, Grimsby, North East Lincolnshire DN32 0AJ3
£150K08/210.19 mi7, Dixon Avenue, Grimsby, North East Lincolnshire DN32 0AJ3
£155K06/210.19 mi4, Dixon Avenue, Grimsby, North East Lincolnshire DN32 0AJ3
£185K06/230.19 mi7, Dixon Avenue, Grimsby, North East Lincolnshire DN32 0AJ3
£130K04/210.19 mi1, Recto Avenue, Grimsby, North East Lincolnshire DN32 9RA3
£95K10/210.21 mi204, Legsby Avenue, Grimsby, North East Lincolnshire DN32 0LB3
£104K02/210.22 mi397, Heneage Road, Grimsby, North East Lincolnshire DN32 9NQ3
£136K02/230.22 mi397, Heneage Road, Grimsby, North East Lincolnshire DN32 9NQ3
£125K12/200.22 mi11, Weelsby Grove, Grimsby, North East Lincolnshire DN32 0AG3
£83K09/210.22 mi326, Heneage Road, Grimsby, North East Lincolnshire DN32 9NJ3
£145K12/200.22 mi17, Revigo Avenue, Grimsby, North East Lincolnshire DN32 9RB3
£137.5K01/230.23 mi299, Heneage Road, Grimsby, North East Lincolnshire DN32 9NW3
£86K02/230.23 mi302, Heneage Road, Grimsby, North East Lincolnshire DN32 9NW3
£145K06/210.25 mi12, Weelsby Avenue, Grimsby, North East Lincolnshire DN32 0AQ3
£115K11/200.25 mi87, Welholme Road, Grimsby, North East Lincolnshire DN32 0NL3
£218.5K04/230.25 mi5, Portland Place, Grimsby, North East Lincolnshire DN32 0AB3
£182.5K07/230.25 mi7, Portland Place, Grimsby, North East Lincolnshire DN32 0AB3
£199.9K02/210.25 mi5, Portland Place, Grimsby, North East Lincolnshire DN32 0AB3
£162K03/210.25 mi7, Portland Place, Grimsby, North East Lincolnshire DN32 0AB3
£61.5K11/200.27 mi168, Welholme Road, Grimsby, North East Lincolnshire DN32 9LP3
£185K11/200.28 mi12, Reporto Avenue, Grimsby, North East Lincolnshire DN32 9RE3
£157.5K01/210.28 mi18, Reporto Avenue, Grimsby, North East Lincolnshire DN32 9RE3
£75K03/230.28 mi326, Willingham Street, Grimsby, North East Lincolnshire DN32 9QD3
£58K12/200.29 mi81, David Street, Grimsby, North East Lincolnshire DN32 9NN3
£58K12/200.29 mi81, David Street, Grimsby, North East Lincolnshire DN32 9NN3
£62K02/210.29 mi130, Lambert Road, Grimsby, North East Lincolnshire DN32 0NS3

Local Rents

51 rents from £495/mo to £2K/mo, average is £630/mo.

RentDateDistanceAddressBeds 
£72504/240.05 miFlorence Street, Grimsby, Lincolnshire, DN323
£59510/230.05 mi-3
£63001/240.06 mi-3
£65001/250.06 mi-3
£85512/240.07 mi-3
£67504/240.09 miFarebrother Street, Grimsby, Lincolnshire, DN323
£72512/240.14 mi-3
£67507/240.15 mi-3
£62511/240.15 mi-3
£59503/240.15 miDavid Street, Grimsby3
£65004/240.17 miPatrick Street, Grimsby, South Humberside, DN323
£60004/240.18 miPatrick Street, Grimsby3
£65001/240.2 mi-3
£62505/240.2 mi-3
£55003/240.21 miWelholme Road, Grimsby, DN32 9LW3
£69509/240.21 mi-3
£70003/250.21 mi-3
£65004/240.24 miGranville Street, Grimsby, Lincolnshire, DN323
£62505/240.25 mi-3
£67504/250.26 mi-3
£55003/240.26 miHeneage Road,Grimsby3
£62512/240.27 mi-3
£55003/240.28 miWillingham Street, Grimsby3
£55003/240.28 miWillingham Road3
£69504/250.29 mi-3
£55003/240.29 miDavid Street, Grimsby3
£62504/240.3 mi-3
£67504/250.3 mi-3
£65004/240.31 mi-3
£62501/240.31 mi-3
£67512/240.31 mi-3
£51503/240.31 miPatrick Street, Grimsby, North East Lincolnshire, DN323
£51503/240.31 miPatrick Street, Grimsby, North East Lincolnshire, DN323
£69502/250.31 mi-3
£55007/230.31 mi-3
£63005/240.34 mi-3
£63005/240.34 mi-3
£60003/240.35 miWintringham Road, Grimsby, Lincolnshire, DN323
£60004/250.35 mi-3
£70007/240.35 mi-3
£60004/250.37 mi-3
£49504/240.38 miWintringham Road, Grimsby3
£75003/240.44 miRobert Pearson Mews,Grimsby3
£60012/230.46 mi-3
£59511/240.46 mi-3
£1,10004/240.48 miWelholme Road, Grimsby, Lincolnshire, DN323
£1,97004/250.54 mi-3
£1,97003/250.54 mi-3
£53503/240.55 miConvamore Road, Grimsby!3
£65011/240.56 mi-3
£57504/240.57 miConvamore Road, Grimsby, North East Lincolnshire, DN323

Local Area Statistics

Population in DN32

29,050

Population in Grimsby

124,581

Town centre distance

0.71 miles away

Nearest school

0.30 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £65,000

March 14, 2025

Description

  • 3 Bedroom House +
  • Available With NO "CHAIN" +
  • Front & Rear Gardens +
  • uPVC Double Glazing +
  • Gas Central Heating System +
  • Excellent Investment Opportunity +
  • Market Rent Of £600 PCM Once Modernised +

Available to the market with 'No Chain' this 3-bedroom house is conveniently located in close proximity to Grimsby Town centre and other local amenities.
The accommodation comprises of a ground floor living/dining room, kitchen/diner and a cloakroom, whilst the first floor accommodates the 4 bedrooms and the bathroom.
Externally the property benefits from front and rear gardens, both secured by fencing and brick walling.
Attractively priced, viewing is highly recommended.

Agent Details

Jackson Green and Preston, Grimsby

01472 404357

Next Steps?

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