Hope Street, Grimsby, North East Lincolnshire, DN32
DD

Hope Street, Grimsby, North East Lincolnshire, DN32

By DDM Residential

£ 50,000

Reviews

3 out of 5 stars

DDM Residential says ..

ATTENTION LANDLORDS! being sold with sitting tenant currently paying £395 per calender month - offers over £50,000. SERVICE CHARGE - £1100 PER ANNUM<br />999 years from and including 31 July 2007<br /><br /> Ideal investment opportunity, situated within easy access to all local amenities with no onward chain. This Ground floor , three bedrooms apartment is not to be missed. <br /><br />The property briefly comprises of; lounge, kitchen with dining space and three bedrooms served by a family bathroom with three piece suite.<br /><br />

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom house listed at £50,000. The average house price in the area is £69,687, with an average price per square foot of £84. However, the square footage of the subject property is not provided, preventing a direct comparison using price per square foot. Considering the location, the property is near several schools, including Strand Primary Academy and Saint Mary’s Catholic Voluntary Academy, both rated ‘Good’ by Ofsted. Public transportation options such as Grimsby Docks train station are within a reasonable distance. This suggests a reasonably convenient location, although the overall quality of the neighborhood is not explicitly detailed in the provided information. The images show a property that appears generally clean and habitable, though seemingly lacking significant character or modern features. The decor is dated, and while not appearing to be in disrepair, it may benefit from some updating and modernisation. The kitchen and bathroom look functional but could be improved. The absence of information regarding the property’s plot size makes it difficult to assess the amount of available land. Given the list price of £50,000, which is below the average house price in the area, the property could represent good value for money, particularly if the square footage is comparable to the average for the area. However, without knowing the square footage, this assessment is tentative. The lower price may reflect the need for some modernisation and updating, as suggested by the images. The property may appeal to first-time buyers or investors looking for a property that requires some work but offers potential for improvement and profit. Further information on the property’s size and the condition of its structure would be needed for a more comprehensive evaluation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
0
Bedrooms
3
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
94,242.00 £
Increased by 25.44 %
from 75,129.00 £
Average area rental value
630.00 £/mo
Increased by 93.85 %
from 325.00 £/mo
Est rental Yield
8.02 %
Increased by 54.53 %
from 5.19 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • DDM Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
East Marsh Children'S CentreChildren's Centre0.25 KM
Strand Primary AcademyAcademy Sponsor LedGood0.28 KM
Weelsby AcademyAcademy Sponsor LedRequires improvement0.36 KM
Saint Mary'S Catholic Voluntary AcademyAcademy Sponsor LedGood0.44 KM
Special Educational Needs Support Service (Senss)Miscellaneous0.48 KM

Images

Picture No. 15 Picture No. 08 Picture No. 05 Picture No. 17 Picture No. 09 Picture No. 06 Picture No. 02 Picture No. 03 Picture No. 16

Nearby Streets

NameAverage PriceAverage SqftDistance
George Janney Court £ 000.00 KM
The Square £ 000.00 KM
Kent Street £ 000.00 KM
Duncombe Street £ 000.00 KM
Ross Mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Grimsby Docks6276GMD0.84 KM
New Clee6289NCE0.92 KM
Grimsby Town6280GMB2.22 KM
Cleethorpes6274CLE4.48 KM
Great Coates6275GCT6.83 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hope Street, Grimsby, North East Lincolnshire, DN32 £ 36,500BUY5 / 100.00 KM
Hope Street, Grimsby, Lincolnshire, DN32 £ 40,000BUY4 / 100.02 KM
Hope Street, Grimsby, Lincolnshire, DN32 £ 40,000BUY4 / 100.02 KM
Hope Street, Grimsby, Lincolnshire, DN32 £ 40,000BUY4 / 100.02 KM
Hope House, Hope Street, Grimsby, DN32 £ 49,950BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
18 Seascale Walk £ 59,9500.14 KM
7 Seascale Walk £ 65,0000.14 KM
19 Seascale Walk £ 35,0000.14 KM
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107 Victor Street £ 60,0000.18 KM