Hare Street, Grimsby, Lincolnshire, DN32
Reeds Rains logo

Hare Street, Grimsby, Lincolnshire, DN32

By Reeds Rains

£ 35,000

Reviews

2 out of 5 stars

Reeds Rains says ..

This charming one-bedroom first-floor flat, featuring spacious rooms and gas central heating, offers a great opportunity as a first home or investment with a potential gross yield of 16.3%, an EPC rating of D, and no forward chain for quick occupancy or rental income. • First-floo...

Property Oracle says ..

This one-bedroom, one-bathroom property located on Hare Street in Grimsby, Lincolnshire, presents a compelling opportunity for potential buyers, particularly investors or those seeking a renovation project. The property’s list price of £35,000 is significantly lower than other nearby homes. The property’s location offers convenient access to various amenities, including schools and public transportation. Grimsby Town train station is conveniently situated approximately 1.42 km from the property. Educational institutions such as Welholme Academy and Edward Heneage Primary Academy are also close by. However, the provided photographs reveal that the property requires considerable renovation and updating. The kitchen and bathroom are dated and need modernizing. The interior is largely unfinished, and various elements would necessitate replacement or significant improvement. Overall, while the low price is attractive, prospective buyers should factor in the substantial costs associated with renovations and modernizations. The absence of information concerning the square footage and plot size of the property limits a full assessment of its value and size. The lack of details around the property’s plot size, therefore, makes it difficult to definitively assess its overall desirability. Further research is recommended to verify all information and assess the suitability of the property for their needs before purchasing.

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
7
Condition
4
Location
6
Land
1
Bedrooms
1
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
137,129.00 £
Decreased by 23.46 %
from 179,149.00 £
Average area rental value
586.00 £/mo
Decreased by 0.85 %
from 591.00 £/mo
Est rental Yield
5.13 %
Increased by 29.55 %
from 3.96 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Welholme AcademyAcademy ConverterGood0.17 KM
Edward Heneage Primary AcademyAcademy Sponsor LedGood0.37 KM
Central OutreachChildren's Centre Linked Site0.41 KM
Special Educational Needs Support Service (Senss)Miscellaneous0.98 KM
Saint Mary'S Catholic Voluntary AcademyAcademy Sponsor LedGood1.00 KM

Images

Front Elevation Living Room Kitchen Kitchen Bathroom Bedroom Living Room Hall

Nearby Streets

NameAverage PriceAverage SqftDistance
Highfield Avenue £ 85,59000.00 KM
Fairbank Drive £ 000.00 KM
Wragby Street £ 000.00 KM
Bradley Street £ 000.00 KM
Railway Street £ 99,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Grimsby Town6280GMB1.42 KM
Grimsby Docks6276GMD1.59 KM
New Clee6289NCE2.21 KM
Cleethorpes6274CLE5.02 KM
Great Coates6275GCT6.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hare Street, Grimsby, Lincolnshire, DN32 £ 35,000BUY4 / 100.00 KM
HARE STREET, GRIMSBY £ 29,950BUYUnknown0.03 KM
Hare Street, Grimsby, N.E.Lincolnshire, DN32 £ 85,000BUY6 / 100.03 KM
54 Hare Street, Grimsby DN32 9LA £ 20,000BUYUnknown0.05 KM
Welholme Road, Grimsby, DN32 £ 79,950BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
20 Hare Street £ 58,0000.03 KM
28 Hare Street £ 96,0000.03 KM
51 Hare Street £ 60,0000.03 KM
9 Hare Street £ 72,0000.03 KM
43 Hare Street £ 50,0000.03 KM