eXp UK says ..
Reference RF0897 - A fantastic buy to let investment opportunity has arisen in the form of this extremely deceptive 3 bedroom traditional terrace house, located in a convenient area of Grimsby. The property comes with a long term tenant in situ generating a rental income of £521pcm givin...
Property Oracle says ..
This three-bedroom terraced house in Grimsby, Lincolnshire is listed at £67,500. The property’s location on Edward Street offers proximity to Edward Heneage Primary Academy, a ‘Good’-rated school, and other schools and amenities in Grimsby. While transport links are relatively accessible, Grimsby’s overall position within the UK market may not be considered a highly desirable location.
From the photographs, the house appears habitable but requires modernisation. The kitchen and bathroom seem dated and could benefit from renovation. While the property’s structural integrity seems sound, the general condition is not high-end. The interior décor is currently dated.
The property includes a small, enclosed rear garden with a paved or decked area, providing some outdoor space.
The price point of £67,500 reflects the local market for comparable properties. The presence of a current tenant generating rental income could be beneficial for investors. However, the property’s need for modernisation and comparison with slightly higher average prices on neighbouring streets doesn’t make it an exceptional value. In conclusion, it’s a reasonably priced option, but potential buyers should be prepared for renovation costs.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 1
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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
- 148,630.00 £Increased by 10.88 %
- Average area rental value
- 576.00 £/moIncreased by 15.43 %
- Est rental Yield
- 4.65 %Increased by 4.03 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
eXp UK marked this listing as sold.
eXp UK created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Central Outreach | Children's Centre Linked Site | 0.12 KM | |
Edward Heneage Primary Academy | Academy Sponsor Led | Good | 0.16 KM |
Special Educational Needs Support Service (Senss) | Miscellaneous | 0.45 KM | |
Saint Mary'S Catholic Voluntary Academy | Academy Sponsor Led | Good | 0.48 KM |
Welholme Academy | Academy Converter | Good | 0.52 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Railway Street | £ 99,950 | 0 | 0.00 KM |
The Square | £ 0 | 0 | 0.00 KM |
George Janney Court | £ 0 | 0 | 0.00 KM |
Highfield Avenue | £ 85,590 | 0 | 0.00 KM |
Humberston Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Grimsby Docks | 6276 | GMD | 1.13 KM |
Grimsby Town | 6280 | GMB | 1.56 KM |
New Clee | 6289 | NCE | 1.73 KM |
Cleethorpes | 6274 | CLE | 4.84 KM |
Great Coates | 6275 | GCT | 6.46 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Edward Street, Grimsby, DN32 9HJ | £ 67,500 | BUY | 5 / 10 | 0.00 KM |
Edward Street, Grimsby, N.E Lincolnshire, DN32 | £ 60,000 | BUY | 3 / 10 | 0.00 KM |
Edward Street, Grimsby, N.E Lincolnshire, DN32 | £ 75,000 | BUY | Unknown | 0.12 KM |
Heneage Road, Grimsby, DN32 | £ 349,950 | BUY | 7 / 10 | 0.20 KM |
SIXHILLS STREET, GRIMSBY | £ 10,000 | BUY | Unknown | 0.24 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
43 Edward Street | £ 62,000 | 0.01 KM |
48 Edward Street | £ 70,000 | 0.01 KM |
13 Edward Street | £ 63,000 | 0.01 KM |
5 Edward Street | £ 60,000 | 0.01 KM |
50 Edward Street | £ 59,500 | 0.01 KM |