Weelsby Street, Grimsby, Lincolnshire, DN32
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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 %
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
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Weelsby AcademyAcademy Sponsor LedRequires improvement0.07 KM
East Marsh Children'S CentreChildren's Centre0.29 KM
Saint Mary'S Catholic Voluntary AcademyAcademy Sponsor LedGood0.54 KM
Strand Primary AcademyAcademy Sponsor LedGood0.64 KM
Phoenix Park AcademyAcademy Alternative Provision Sponsor LedGood0.66 KM

Images

Picture No. 01 Living Room Living Room Kitchen Bathroom Kitchen Rear Garden Bedroom 3 Dining Room Rear Elevation

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
New Clee6289NCE0.77 KM
Grimsby Docks6276GMD1.25 KM
Grimsby Town6280GMB2.46 KM
Cleethorpes6274CLE4.09 KM
Great Coates6275GCT7.19 KM

Nearby Listings

AddressPriceTypeScoreDistance
Weelsby Street, Grimsby, Lincolnshire, DN32 £ 55,000BUY5 / 100.00 KM
Weelsby Street, Grimsby, Lincolnshire, DN32 £ 60,000BUY5 / 100.01 KM
Harold Street, Grimsby, Lincolnshire, DN32 £ 52,000BUY4 / 100.07 KM
Harold Street, Grimsby £ 55,000BUY6 / 100.09 KM
Weelsby Street, Grimsby, Lincolnshire, DN32 £ 56,950BUY4 / 100.11 KM

Nearby Properties

AddressPriceDistance
207 Weelsby Street £ 42,5000.02 KM
171 Weelsby Street £ 29,5000.02 KM
217 Weelsby Street £ 46,0000.02 KM
189 Weelsby Street £ 47,6000.02 KM
223 Weelsby Street £ 43,0000.02 KM