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 %
- Est sale value
- 246,839.32 £Increased by 25.52 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est letting value
- 678.13 £/mo
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Jackson Green & Preston created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ormiston South Parade Academy | Academy Converter | Good | 0.57 KM |
| St James' School | Other Independent School | 0.65 KM | |
| St Martin'S Preparatory School | Other Independent School | 0.91 KM | |
| Tec Partnership | Further Education | 1.32 KM | |
| Park Outreach | Children's Centre Linked Site | 1.36 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dean Grove | £ 0 | 0 | 0.00 KM |
| The Curve | £ 0 | 0 | 0.00 KM |
| Prince's Avenue Rear Access Road | £ 0 | 0 | 0.00 KM |
| Tennyson Mews | £ 0 | 0 | 0.00 KM |
| The Glade | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Grimsby Town | 6280 | GMB | 0.12 KM |
| Grimsby Docks | 6276 | GMD | 1.85 KM |
| New Clee | 6289 | NCE | 3.21 KM |
| Great Coates | 6275 | GCT | 4.98 KM |
| Cleethorpes | 6274 | CLE | 6.42 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wellowgate Mews, GRIMSBY, Lincolnshire, DN32 | £ 105,000 | BUY | 5 / 10 | 0.00 KM |
| Wellowgate Mews, GRIMSBY, Lincolnshire, DN32 | £ 105,000 | BUY | 5 / 10 | 0.00 KM |
| Wellowgate Mews, GRIMSBY, Lincolnshire, DN32 | £ 80,000 | BUY | 4 / 10 | 0.00 KM |
| Wellowgate Mews, Grimsby, DN32 | £ 55,000 | BUY | 5 / 10 | 0.03 KM |
| Wellowgate Mews, Grimsby, DN32 | £ 75,000 | BUY | 5 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14 Wellowgate Mews | £ 137,950 | 0.03 KM |
| 1 Wellowgate Mews | £ 89,950 | 0.03 KM |
| 3 Wellowgate Mews | £ 48,950 | 0.03 KM |
| 12 Wellowgate Mews | £ 95,000 | 0.03 KM |
| 23 Wellowgate Mews | £ 95,000 | 0.03 KM |