Newhaven Terrace, Grimsby, DN31
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Newhaven Terrace, Grimsby, DN31

By Jackson Green & Preston

£ 78,000

Reviews

3 out of 5 stars

Jackson Green & Preston says ..

3-bed mid terraced house, a ready made investment let at £100 per week. A fantastic opportunity.

Property Oracle says ..

This three-bedroom terraced house located on Newhaven Terrace in Grimsby’s West Marsh area presents itself as a potentially viable investment opportunity or a suitable family home for those comfortable with the location. The property’s proximity to schools like Littlecoates Primary Academy (0.41km) and Macaulay Primary Academy (0.51km), coupled with its relatively close distance to Grimsby Town train station (1.74km), enhances its practicality. However, a thorough evaluation of the area’s amenities and overall living environment is strongly advised before committing to a purchase.

The condition of the house appears average from the images provided. The internal images suggest some minor cosmetic updates and potential repairs may be necessary, but the structure seems sound. The rooms are cluttered in some of the photos making a precise evaluation of maintenance needs difficult. A pre-purchase inspection by a qualified surveyor is highly recommended to fully assess its condition and identify potential hidden defects or needed repairs.

The property boasts a garden that offers outdoor space, which is a considerable advantage compared to other terraced properties within similar price ranges. The garden’s size and condition seem decent, adding to its overall appeal.

The listing price of £78,000 reflects the general pricing trends in the area, falling within the range of nearby properties on Newhaven Terrace. The lack of precise square footage data for comparative properties prevents a definitive price-per-square-foot analysis. Nevertheless, given the number of bedrooms and the inclusion of a garden, the asking price appears reasonable but further investigation into specific comparable properties with detailed information is recommended to ensure a complete market valuation is conducted.

Therefore, we give this property 6 / 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
7
Bedrooms
3
Bathrooms
1
Sqft (est)
916.00

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
63,333.00 £
Decreased by 14.93 %
from 74,448.00 £
Est sale value
77,860.00 £
Decreased by 11.46 %
from 87,936.00 £
Average area rental value
660.00 £/mo
Increased by 12.24 %
from 588.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
12.51 %
Increased by 31.96 %
from 9.48 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Jackson Green & Preston created the listing.

Nearby Schools

NameTypeOfstedDistance
Littlecoates Primary AcademyAcademy ConverterGood0.41 KM
Macaulay Primary AcademyAcademy Sponsor LedRequires improvement0.51 KM
West Marsh Children'S CentreChildren's Centre0.51 KM
Ormiston South Parade AcademyAcademy ConverterGood1.33 KM
St James' SchoolOther Independent School1.50 KM

Images

External Front Reception Room Rear Reception Room Bedroom 1 Kitchen Bedroom 2 Bedroom 3 Garden Google Maps Image Bathroom Garden

Nearby Streets

NameAverage PriceAverage SqftDistance
Alexandra Close £ 000.00 KM
Chestnut Avenue £ 000.00 KM
Boulevard Avenue £ 99,95000.00 KM
Cromwell Close £ 000.00 KM
Cromwell Road £ 80,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Grimsby Town6280GMB1.74 KM
Grimsby Docks6276GMD2.73 KM
Great Coates6275GCT3.35 KM
New Clee6289NCE4.36 KM
Healing6283HLI6.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newhaven Terrace, Grimsby, DN31 £ 78,000BUY6 / 100.00 KM
Elsenham Road, Grimsby £ 50,000BUY4 / 100.04 KM
Gilbey Road, Grimsby, Lincolnshire, DN31 £ 85,000BUY5 / 100.09 KM
Gilbey Road, Grimsby, DN31 £ 45,000BUY4 / 100.10 KM
Gilbey Road, Grimsby, Lincolnshire. DN31 2RL £ 55,000BUY4 / 100.10 KM

Nearby Properties

AddressPriceDistance
42 Newhaven Terrace £ 44,0000.01 KM
36 Newhaven Terrace £ 85,0000.01 KM
16 Newhaven Terrace £ 65,0000.01 KM
44 Newhaven Terrace £ 106,0000.01 KM
24 Newhaven Terrace £ 49,5000.01 KM