Wellowgate Mews, Grimsby, Lincolnshire, DN32
By Pygott & Crone
£ 90,000
Reviews
3 out of 5 stars
Pygott & Crone says ..
Pygott and Crone are delighted to offer this ready made investment opportunity to the market. Located within close proximity to Grimsby Town Centre, the property is being sold with tenant in situ , currently generating £550 PCM, which equates to an annual Gross yield of 7.3%
Property Oracle says ..
The property is a 1-bedroom apartment located in Wellowgate Mews, Grimsby, Lincolnshire. It is close to Grimsby town centre and Grimsby Train Station. The apartment appears to be in reasonable condition, showing some wear and tear consistent with a rental property. There is no indication of a private garden. The list price of £90,000 seems significantly underpriced compared to the area average, but this is likely influenced by its smaller size and current rental income. The high rental yield suggests a strong potential return on investment.
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
- 9
- Condition
- 7
- Location
- 8
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 443.00
- Lot (est)
- 554.00
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
- 339,299.00 £Increased by 1.34 %
- Est sale value
- 161,252.00 £Increased by 25.52 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est letting value
- 443.00 £/mo
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 28.00 %Unchanged by 0.00 %
Agent Activity
Pygott & Crone created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ormiston South Parade Academy | Academy Converter | Good | 0.47 KM |
| St James' School | Other Independent School | 0.60 KM | |
| St Martin'S Preparatory School | Other Independent School | 0.95 KM | |
| Tec Partnership | Further Education | 1.33 KM | |
| Park Outreach | Children's Centre Linked Site | 1.46 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 | 0.13 KM |
| Grimsby Docks | 6276 | GMD | 1.86 KM |
| New Clee | 6289 | NCE | 3.27 KM |
| Great Coates | 6275 | GCT | 4.87 KM |
| Cleethorpes | 6274 | CLE | 6.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wellowgate Mews, Grimsby, Lincolnshire, DN32 | £ 90,000 | BUY | 6 / 10 | 0.00 KM |
| Wellowgate Mews, Grimsby, Lincolnshire, DN32 | £ 69,950 | BUY | 4 / 10 | 0.02 KM |
| Manor Court, Grimsby, DN32 | £ 70,000 | BUY | 5 / 10 | 0.07 KM |
| 20 Wellowgate, Grimsby DN32 0RA | £ 15,000 | BUY | 4 / 10 | 0.08 KM |
| Wellowgate Mews, Grimsby, Lincolnshire, DN32 0RY | £ 55,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Wellowgate Mews | £ 70,000 | 0.10 KM |
| 14 Wellowgate Mews | £ 137,950 | 0.10 KM |
| 19 Wellowgate Mews | £ 125,000 | 0.10 KM |
| 12 Wellowgate Mews | £ 95,000 | 0.10 KM |
| 15 Wellowgate Mews | £ 115,000 | 0.10 KM |