2 Bed Terraced House, Single Let, Grimsby, DN36 5XH, £90,000
31 Sea View Street, Cleethorpes, North East Lincolnshire, DN35 8EU - 1 views - 25 days ago
BTL
ROI: 5%
~68 m²





+14 photos
ValuationUndervalued
Sold Prices | £50K - £200K |
Sold Prices/m² | £641/m² - £2.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.3K/m² |
Value Estimate | £112,500 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £22,500 |
Stamp Duty & Legal Fees | £5,700 |
Total Cash In | £28,200 |
| |
Cash Out | |
Rent Range | £525 - £525 |
Rent Estimate | £525 |
Running Costs/mo | £406 |
Cashflow/mo | £119 |
Cashflow/yr | £1,425 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
10 sold prices from £50K to £200K, average is £120K. £641/m² to £2.5K/m², average is £2K/m².
Local Rents
1 rents from £525/mo to £525/mo, average is £525/mo.
Local Area Statistics
Population in DN36 | 19,164 |
Population in Grimsby | 124,581 |
Town centre distance | 7.48 miles away |
Nearest school | 1.30 miles away |
Nearest train station | 5.71 miles away |
| |
Rental growth (12m) | -31% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +14% |
Property History
Listed for £90,000
March 20, 2025
Description
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