2 Bed Semi-Detached House, Single Let, Grimsby, DN36 5XF, £108,950

97 Samphire Close, Grimsby, Lincolnshire, DN36 5XF - 2 views - 2 years ago

BTL
ROI: 2%
~70 m²
+5 photos

ValuationUndervalued

Sold Prices£50K - £200K
Sold Prices/m²£641/m² - £2.5K/m²

 

 

Square Metres

~70 m²
Price/m²£1.6K/m²

Value Estimate

£135,098
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,238

Stamp Duty & Legal Fees

£4,469

Total Cash In

£31,706

 

 

Cash Out

 

Rent Range

£525 - £525

Rent Estimate

£525

Running Costs/mo

£465

Cashflow/mo

£60

Cashflow/yr

£714

ROI

2%

Gross Yield

6%

Local Sold Prices

10 sold prices from £50K to £200K, average is £120K. £641/m² to £2.5K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£90K01/220.04 mi70, Dyke Road, North Cotes, Grimsby, Lincolnshire DN36 5XH2
£50K05/210.12 mi2, Marsh Way, North Cotes, Grimsby, Lincolnshire DN36 5XJ2
£75K03/210.12 mi30, Marsh Way, North Cotes, Grimsby, Lincolnshire DN36 5XJ2
£79K04/210.12 mi1, Marsh Way, North Cotes, Grimsby, Lincolnshire DN36 5XJ2
£200K03/231.26 miThe Old Bakery, Lock Road, North Cotes, Grimsby, Lincolnshire DN36 5UP2
£155K07/211.7 mi6, Plumtree Drive, Marshchapel, Grimsby, Lincolnshire DN36 5TS2
£130K09/211.77 mi2, Swaby Mews, Marshchapel, Grimsby, Lincolnshire DN36 5SP2
£145K09/231.77 mi2, Swaby Mews, Marshchapel, Grimsby, Lincolnshire DN36 5SP2
£120K04/211.81 mi19, Swaby Close, Marshchapel, Grimsby, Lincolnshire DN36 5SA2
£120K07/211.91 miChurch View, Church Lane, Marshchapel, Grimsby, Lincolnshire DN36 5TW2

Local Rents

1 rents from £525/mo to £525/mo, average is £525/mo.

RentDateDistanceAddressBeds 
£52503/241.5 miSea Dyke Way, Marshchapel, DN36 5TF2

Local Area Statistics

Population in DN36

19,164

Population in Grimsby

124,581

Town centre distance

7.51 miles away

Nearest school

1.20 miles away

Nearest train station

5.75 miles away

 

 

Rental growth (12m)

-31%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £108,950

October 12, 2023

Sold for £40,500

2013

Floor Plans

Description

  • Two bedroom semi-detached house +
  • uPVC double glazing and solid fuel heating +
  • Peaceful Lincolnshire village location providing easy access to Louth and Grimsby +
  • No forward chain on the vendors side +
  • Entrance hallway, lounge/diner, kitchen and utility lobby to the ground floor +
  • Landing, two bedrooms and a bathroom to the first floor +
  • Open plan frontage and a good sized rear garden +
  • Energy performance rating D and Council tax band A +

Crofts are pleased to be able to offer sale this two bedroom semi-detached house found upon this former RAF base on the fringes of the popular village of North Cotes. With no forward chain on the vendors side, the property would make an ideal first time purchase or investment property with the benefits of uPVC double glazing and solid fuel heating. Briefly the property comprises entrance hallway, lounge/diner with dual aspect view, kitchen and utility room. To the first floor there is the landing, two good sized bedrooms and a family bathroom. Generous rear garden. Viewing is highly advised.

Agent Details

Crofts Estate Agents, Cleethorpes

01472 404562

Next Steps?

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