Weelsby Street, Grimsby, Lincolnshire, DN32
By Reeds Rains
£ 55,000
Reviews
2 out of 5 stars
Reeds Rains says ..
• Three-bedroom terraced house • Two reception rooms • Spacious bedrooms • Investment opportunity • Potential rental income • Gross yield of 12.5% • No onward chain • Customisable renovation project • EPC rating ...
Property Oracle says ..
This three-bedroom terraced house on Weelsby Street in Grimsby is marketed as an investment opportunity. Its location in the East Marsh area offers proximity to schools, including Weelsby Academy, and several train stations providing convenient transportation links to other towns. The exterior image shows a property that requires some minor cosmetic work, but is structurally sound. Without more details on the internal state and plot size, a full assessment of condition and land is difficult. The listing price seems competitive considering similar properties in the local market, though detailed property specifications like square footage are needed for a comprehensive valuation. Prospective buyers should factor in the cost of any necessary renovations or repairs. Investors should conduct thorough research to ascertain the actual rental potential for accurately evaluating the property’s return on investment. Overall, the property presents a mixed picture, with promising location benefits balanced by the need for potential improvements.
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
- 5
- Location
- 6
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 1
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 %
- Average area rental value
- 630.00 £/moIncreased by 93.85 %
- Est rental Yield
- 8.02 %Increased by 54.53 %
- Crime Rate
- 20.00 %Unchanged by 0.00 %
Agent Activity
Reeds Rains created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Weelsby Academy | Academy Sponsor Led | Requires improvement | 0.07 KM |
| East Marsh Children'S Centre | Children's Centre | 0.29 KM | |
| Saint Mary'S Catholic Voluntary Academy | Academy Sponsor Led | Good | 0.54 KM |
| Strand Primary Academy | Academy Sponsor Led | Good | 0.64 KM |
| Phoenix Park Academy | Academy Alternative Provision Sponsor Led | Good | 0.66 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Square | £ 0 | 0 | 0.00 KM |
| Frank Walsham Court | £ 0 | 0 | 0.00 KM |
| Ross Mews | £ 0 | 0 | 0.00 KM |
| George Janney Court | £ 0 | 0 | 0.00 KM |
| Calvi Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| New Clee | 6289 | NCE | 0.77 KM |
| Grimsby Docks | 6276 | GMD | 1.25 KM |
| Grimsby Town | 6280 | GMB | 2.46 KM |
| Cleethorpes | 6274 | CLE | 4.09 KM |
| Great Coates | 6275 | GCT | 7.19 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Weelsby Street, Grimsby, Lincolnshire, DN32 | £ 55,000 | BUY | 5 / 10 | 0.00 KM |
| Weelsby Street, Grimsby, Lincolnshire, DN32 | £ 60,000 | BUY | 5 / 10 | 0.01 KM |
| Harold Street, Grimsby, Lincolnshire, DN32 | £ 52,000 | BUY | 4 / 10 | 0.07 KM |
| Harold Street, Grimsby | £ 55,000 | BUY | 6 / 10 | 0.09 KM |
| Weelsby Street, Grimsby, Lincolnshire, DN32 | £ 56,950 | BUY | 4 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 207 Weelsby Street | £ 42,500 | 0.02 KM |
| 171 Weelsby Street | £ 29,500 | 0.02 KM |
| 217 Weelsby Street | £ 46,000 | 0.02 KM |
| 189 Weelsby Street | £ 47,600 | 0.02 KM |
| 223 Weelsby Street | £ 43,000 | 0.02 KM |