Crofts Estate Agents says ..
We are delighted to offer this great investment opportunity comprising of TWO SELF CONTAINED, TWO BEDROOM FLATS with both tenants showing a strong interest on remaining within the property, so a great buy for the investor looking to earn from day one with both tenants currently paying £110 ...
Property Oracle says ..
This four-bedroom, two-bathroom terraced house located on Welholme Road in Grimsby presents a mixed picture. Its location offers good proximity to local schools, rated ‘Good’ by Ofsted, which could be appealing to families. The Grimsby Town train station is also within reasonable walking distance, facilitating commutes. The interior of the property, as shown in the photos, is habitable. The decor is somewhat dated, with aspects suggesting an opportunity to upgrade and enhance the property’s aesthetic appeal, this is a consideration that prospective buyers should have. The small rear garden is a functional outside area; however, it is not large, and is in need of further landscaping. The listing price sits within the range of comparable properties in the immediate area, although accurate assessment is challenging due to the lack of precise square footage and inconsistent pricing data for several comparable properties. Prospective buyers would be well-advised to conduct thorough due diligence and inspections before committing to a purchase. The property would likely be most suitable for either families seeking to reside in the area or buy-to-let investors. Overall, it is important to note that prices vary considerably across nearby properties, making a definitive evaluation challenging without more property-specific data.
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
- 3
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 684.58
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
- 249,187.12 £Increased by 25.52 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est letting value
- 684.58 £/mo
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Crofts Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Welholme Academy | Academy Converter | Good | 0.71 KM |
| Edward Heneage Primary Academy | Academy Sponsor Led | Good | 0.79 KM |
| Central Outreach | Children's Centre Linked Site | 0.85 KM | |
| Lisle Marsden Church Of England Primary Academy | Academy Converter | Good | 0.89 KM |
| Park Outreach | Children's Centre Linked Site | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Highfield Avenue | £ 85,590 | 0 | 0.00 KM |
| Bradley Street | £ 0 | 0 | 0.00 KM |
| Park Avenue | £ 275,000 | 0 | 0.00 KM |
| The Curve | £ 0 | 0 | 0.00 KM |
| Fairbank Drive | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Grimsby Town | 6280 | GMB | 0.97 KM |
| Grimsby Docks | 6276 | GMD | 1.76 KM |
| New Clee | 6289 | NCE | 2.68 KM |
| Cleethorpes | 6274 | CLE | 5.56 KM |
| Great Coates | 6275 | GCT | 5.92 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| WELHOLME ROAD, GRIMSBY | £ 129,950 | BUY | 5 / 10 | 0.00 KM |
| Welholme Road, Grimsby, N E Lincs, DN32 | £ 92,500 | BUY | Unknown | 0.05 KM |
| Lambert Road, Grimsby | £ 95,000 | BUY | 6 / 10 | 0.09 KM |
| LUDFORD STREET, GRIMSBY | £ 85,000 | BUY | 7 / 10 | 0.11 KM |
| Farebrother Street, Grimsby, Lincolnshire, DN32 | £ 99,950 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 117 Welholme Road | £ 135,000 | 0.01 KM |
| 113 Welholme Road | £ 90,000 | 0.01 KM |
| 129 Welholme Road | £ 154,950 | 0.01 KM |
| 103 Welholme Road | £ 140,000 | 0.01 KM |
| 119 Welholme Road | £ 57,000 | 0.01 KM |