Richard Street, Grimsby, N E Lincs, DN31
DD

Richard Street, Grimsby, N E Lincs, DN31

By DDM Residential

£ 60,000

Reviews

2 out of 5 stars

DDM Residential says ..

A fantastic opportunity to acquire a traditional 2-bedroom home at an affordable price-point. Needing a small scheme of refurbishment, it is ideal as a first-time buy or a professional developer or landlord. Its close proximity to amenities and transport links further enhance its appea...

Property Oracle says ..

This two-bedroom terraced house in West Marsh, Grimsby, presents a mixed investment opportunity. The property’s location offers reasonable access to Grimsby Town train station and local schools, making it potentially attractive for first-time buyers or investors. However, the West Marsh area itself presents a mixed location profile. The property’s condition needs considerable modernisation and upgrading. The interior requires a complete renovation; updating bathrooms, kitchens, flooring, and decor. The small garden area also needs landscaping and improvement. The asking price of £60,000 is competitive within the area, aligning with other comparable properties on the market, which are similarly in need of modernization. Potential buyers should factor in the costs of renovation into their overall budget. The lack of information on plot size presents an obstacle in fully assessing its value, but considering the other factors, the property represents a good investment for buyers willing to commit to a significant renovation project.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
5
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
779.00

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
69,711.00 £
Decreased by 20.89 %
from 88,115.00 £
Est sale value
71,668.00 £
Unchanged by 0.00 %
from 71,668.00 £
Average area rental value
693.00 £/mo
Increased by 21.15 %
from 572.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
11.93 %
Increased by 53.15 %
from 7.79 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • DDM Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Ormiston South Parade AcademyAcademy ConverterGood0.57 KM
St James' SchoolOther Independent School0.92 KM
West Marsh Children'S CentreChildren's Centre0.93 KM
Macaulay Primary AcademyAcademy Sponsor LedRequires improvement0.93 KM
Littlecoates Primary AcademyAcademy ConverterGood1.17 KM

Images

Front Elevation Lounge/Diner Kitchen Lounge/Diner Lounge/Diner Kitchen Bathroom Bathroom Bedroom 1 Bedroom 1 Bedroom 2 Bedroom 2 Rear Garden Rear Elevation Front Elevation

Nearby Streets

NameAverage PriceAverage SqftDistance
West Parade £ 000.00 KM
Bramble Close £ 000.00 KM
Cromwell Avenue £ 137,50000.00 KM
Cromwell Road £ 80,00000.00 KM
Tennyson Mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Grimsby Town6280GMB0.99 KM
Grimsby Docks6276GMD2.13 KM
New Clee6289NCE3.73 KM
Great Coates6275GCT4.07 KM
Cleethorpes6274CLE7.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Richard Street, Grimsby, N E Lincs, DN31 £ 60,000BUY4 / 100.00 KM
Richard Street, Grimsby, Lincolnshire, DN31 £ 66,000BUY4 / 100.02 KM
Richard Street, Grimsby £ 64,950BUY4 / 100.03 KM
Haven Avenue, Grimsby, N.E. Lincs, DN31 2PB £ 44,000BUY6 / 100.05 KM
RICHARD STREET, GRIMSBY £ 74,000BUY4 / 100.07 KM

Nearby Properties

AddressPriceDistance
24 Richard Street £ 29,0000.03 KM
2 Richard Street £ 53,5000.03 KM
38 Richard Street £ 64,0000.03 KM
30 Richard Street £ 48,0000.03 KM
19 Richard Street £ 52,0000.03 KM