Weelsby Street, Grimsby, Lincolnshire, DN32
Jackson Green & Preston logo

Weelsby Street, Grimsby, Lincolnshire, DN32

By Jackson Green & Preston

£ 56,950

Reviews

2 out of 5 stars

Jackson Green & Preston says ..

Freehold end-terrace split into two 1-bed flats. Needs updating. Potential income £7,800 p.a. Estimated yield 13.7%. Ideal buy-to-let investment.

Property Oracle says ..

The property is located on Weelsby Street in Grimsby, Lincolnshire. It is a block of apartments and the list price is £56,950. The average property price in the area is £69,687, with an average price per square foot of £84.00. However, the provided data does not include the square footage of the property, making a precise price per square foot comparison impossible.

Considering the images provided, the property appears to be in need of significant renovation. The walls show signs of damp and damage, and the carpets and flooring are worn. The kitchen and bathroom fixtures are outdated and may require replacement. The property does benefit from having a small rear garden.

The property’s location is close to Weelsby Academy (Requires Improvement Ofsted rating) and several other schools, suggesting reasonable access to education. The proximity to several train stations also indicates good transport links. However, the specific quality of the location is difficult to assess fully without more detailed information on the immediate surroundings and the overall desirability of the East Marsh area.

Given the apparent need for extensive renovations, the lack of information regarding the property’s size, and the relatively low list price compared to the area average, the price may be reasonable for a buyer willing to undertake a substantial refurbishment project. However, the lack of key details such as the total area and the number of apartments within the block makes it difficult to offer a definitive opinion on the value for money. Further investigation into the specifics of the property and the local market would be needed for a more complete assessment.

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
6
Condition
3
Location
5
Land
4
Bedrooms
0
Bathrooms
0

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
94,242.00 £
Increased by 25.44 %
from 75,129.00 £
Average area rental value
630.00 £/mo
Increased by 93.85 %
from 325.00 £/mo
Est rental Yield
8.02 %
Increased by 54.53 %
from 5.19 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Jackson Green & Preston created the listing.

Nearby Schools

NameTypeOfstedDistance
Weelsby AcademyAcademy Sponsor LedRequires improvement0.14 KM
East Marsh Children'S CentreChildren's Centre0.22 KM
Saint Mary'S Catholic Voluntary AcademyAcademy Sponsor LedGood0.45 KM
Special Educational Needs Support Service (Senss)Miscellaneous0.60 KM
Strand Primary AcademyAcademy Sponsor LedGood0.67 KM

Images

External Gff - Living Room Gff - Living Room Gff - Bedroom Gff - Bedroom Gff - Kitchen Gff - Kitchen Gff - Shower Room Fff - W.C. Fff - Living Room Fff - Living Room Fff - Bedroom Fff - Bedroom Fff - Shower Room Fff - Kitchen Gardens Garden (2) Google Maps Image

Nearby Streets

NameAverage PriceAverage SqftDistance
The Square £ 000.00 KM
Ross Mews £ 000.00 KM
Frank Walsham Court £ 000.00 KM
George Janney Court £ 000.00 KM
Calvi Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
New Clee6289NCE0.88 KM
Grimsby Docks6276GMD1.23 KM
Grimsby Town6280GMB2.37 KM
Cleethorpes6274CLE4.15 KM
Great Coates6275GCT7.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Weelsby Street, Grimsby, Lincolnshire, DN32 £ 56,950BUY4 / 100.00 KM
Castle Street, Grimsby, Lincolnshire, DN32 £ 50,000BUY5 / 100.06 KM
Castle Street, Grimsby, Lincolnshire, DN32 £ 52,000BUY6 / 100.07 KM
Castle Street, Grimsby, Lincolnshire, DN32 £ 52,950BUY5 / 100.08 KM
Castle Street, Grimsby £ 65,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
263 Weelsby Street £ 50,0000.03 KM
247 Weelsby Street £ 39,9500.03 KM
245 Weelsby Street £ 44,0000.03 KM
239 Weelsby Street £ 63,0000.03 KM
261 Weelsby Street £ 57,0000.03 KM