Richard Street, Grimsby, Lincolnshire, DN31
By Jackson Green & Preston
£ 66,000
Reviews
2 out of 5 stars
Jackson Green & Preston says ..
Terraced house with 3 bedrooms, fitted kitchen, and a private garden. Conveniently located near amenities and transport links. To be sold with the tenants in situ, representing an 8% yield at the current asking price.
Property Oracle says ..
This two-bedroom terraced house located on Richard Street in Grimsby’s West Marsh offers a potentially affordable entry point into the property market. The property is habitable, but shows its age in terms of interior design and aspects of its fixtures and fittings. The kitchen and bathroom particularly could benefit from modernisation. While the property has a small outdoor space, it is not extensive. The location is convenient to Grimsby Town station and a number of schools, but the West Marsh area itself presents a less desirable social environment than more affluent sections of Grimsby. The listed price aligns with other similar properties in the immediate area, offering a reasonable valuation given the property’s condition and location. Potential buyers should factor in refurbishment costs as well as a realistic appraisal of the area when considering this purchase. The property may be particularly appealing to first-time buyers on a tight budget or buy-to-let investors seeking rental yield, but would require investment to modernise and enhance its appeal. There’s also some indication that the property may be currently tenanted, a factor that potential buyers should seek clarification on.
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
- 5
- Location
- 4
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 770.70
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
- 63,333.00 £Decreased by 14.93 %
- Est sale value
- 65,509.50 £Decreased by 11.46 %
- Average area rental value
- 660.00 £/moIncreased by 12.24 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 12.51 %Increased by 31.96 %
- Crime Rate
- 14.00 %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 | 0.59 KM |
| Macaulay Primary Academy | Academy Sponsor Led | Requires improvement | 0.91 KM |
| West Marsh Children'S Centre | Children's Centre | 0.91 KM | |
| St James' School | Other Independent School | 0.91 KM | |
| Littlecoates Primary Academy | Academy Converter | Good | 1.17 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| York Street | £ 0 | 0 | 0.00 KM |
| West Parade | £ 0 | 0 | 0.00 KM |
| Bramble Close | £ 0 | 0 | 0.00 KM |
| Cromwell Avenue | £ 137,500 | 0 | 0.00 KM |
| Prince's Avenue Rear Access Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Grimsby Town | 6280 | GMB | 0.99 KM |
| Grimsby Docks | 6276 | GMD | 2.15 KM |
| New Clee | 6289 | NCE | 3.75 KM |
| Great Coates | 6275 | GCT | 4.05 KM |
| Cleethorpes | 6274 | CLE | 7.23 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Richard Street, Grimsby, Lincolnshire, DN31 | £ 66,000 | BUY | 4 / 10 | 0.00 KM |
| Richard Street, Grimsby | £ 69,950 | BUY | 5 / 10 | 0.00 KM |
| Richard Street, Grimsby | £ 65,000 | BUY | 5 / 10 | 0.01 KM |
| Richard Street, Grimsby, Lincolnshire, DN31 | £ 52,950 | BUY | 5 / 10 | 0.03 KM |
| Richard Street, Grimsby | £ 65,000 | BUY | 5 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Richard Street | £ 42,500 | 0.01 KM |
| 1 Richard Street | £ 60,000 | 0.01 KM |
| 24 Richard Street | £ 29,000 | 0.01 KM |
| 33 Richard Street | £ 52,500 | 0.01 KM |
| 12 Richard Street | £ 43,000 | 0.01 KM |