Wellowgate Mews, GRIMSBY, Lincolnshire, DN32
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Wellowgate Mews, GRIMSBY, Lincolnshire, DN32

By Jackson Green & Preston

£ 105,000

Reviews

2 out of 5 stars

Jackson Green & Preston says ..

Smart 2-bed upper flat in gated development near Grimsby town centre. Extended lease, garage, and attractive bathroom. Ideal investment opportunity with 9.1% yield.

Property Oracle says ..

This 2-bedroom apartment in Grimsby’s Wellowgate Mews presents a mixed bag of features. Its central location, proximity to Grimsby Town train station, and relative closeness to schools are significant advantages. The apartment appears well-maintained from the provided photographs, but a more modern aesthetic in some areas could enhance its appeal. The significant drawback is the complete lack of private outdoor space, being a property within a development. The price point of £105,000 aligns with other listings within the same development and appears justifiable for investors given the potential rental income highlighted in the listing description, though further investigation of the leasehold details would be advised. Overall, this property would likely appeal to first-time buyers or investors looking for a relatively central location with potential rental income. The absence of specific details regarding the building’s overall condition and any associated fees remains a key factor to be investigated thoroughly before any purchase.

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
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
678.13

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
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Est sale value
246,839.32 £
Increased by 25.52 %
from 196,657.70 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
678.13 £/mo
from 0.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Jackson Green & Preston created the listing.

Nearby Schools

NameTypeOfstedDistance
Ormiston South Parade AcademyAcademy ConverterGood0.57 KM
St James' SchoolOther Independent School0.65 KM
St Martin'S Preparatory SchoolOther Independent School0.91 KM
Tec PartnershipFurther Education1.32 KM
Park OutreachChildren's Centre Linked Site1.36 KM

Images

External Bedroom 1 Bedroom 2 (2) Bathroom Living Room/Kitchen Living Room/Kitchen Bedroom 1 (2) Garage Bedroom 2 Google Maps Image

Nearby Streets

NameAverage PriceAverage SqftDistance
Dean Grove £ 000.00 KM
The Curve £ 000.00 KM
Prince's Avenue Rear Access Road £ 000.00 KM
Tennyson Mews £ 000.00 KM
The Glade £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Grimsby Town6280GMB0.12 KM
Grimsby Docks6276GMD1.85 KM
New Clee6289NCE3.21 KM
Great Coates6275GCT4.98 KM
Cleethorpes6274CLE6.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wellowgate Mews, GRIMSBY, Lincolnshire, DN32 £ 105,000BUY5 / 100.00 KM
Wellowgate Mews, GRIMSBY, Lincolnshire, DN32 £ 105,000BUY5 / 100.00 KM
Wellowgate Mews, GRIMSBY, Lincolnshire, DN32 £ 80,000BUY4 / 100.00 KM
Wellowgate Mews, Grimsby, DN32 £ 55,000BUY5 / 100.03 KM
Wellowgate Mews, Grimsby, DN32 £ 75,000BUY5 / 100.03 KM

Nearby Properties

AddressPriceDistance
14 Wellowgate Mews £ 137,9500.03 KM
1 Wellowgate Mews £ 89,9500.03 KM
3 Wellowgate Mews £ 48,9500.03 KM
12 Wellowgate Mews £ 95,0000.03 KM
23 Wellowgate Mews £ 95,0000.03 KM