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3 Bed Semi-Detached House For Sale Columbia Road, Grimsby, DN32

£147,500- Semi-detached

Yield: 4.03%
1 of 15
Yield: 4.03%
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  • Rental Guide: £449 - £495
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Three Bedroom Bay Fronted Semi Detached House
  • Two Spacious Ground Floor Reception Rooms
  • Long Kitchen With Double Oven
  • Rear Garden With Garage And Outbuildings
  • Rear Summerhouse With Fitted Kitchen
  • Two Double Bedrooms And A Generous Third
  • Energy Performance Rating - Tbc
  • Council Tax Band - A
Last Updated: 11th November 2020

Description

A traditional bay fronted semi detached house found at the Carr Lane end of Columbia Road. The property is beautifully presented throughout and has a spacious layout which is ideal for young families. The ground floor comprises of an entrance hallway, bay fronted lounge which is then open plan to the rear dining room which has patio doors leading onto the rear garden patio area. There is a W/C off the hallway under the stairs and then finally is the long kitchen which has white modern units on both sides of the room with excellent storage and worktop space on offer. The first floor has two double bedrooms and a generous sized third bedroom, with the family bathroom located at the front of the first floor and comprising of a bath, wash basin and toilet, with a shower located over the bath. The rear garden is a good selling feature of this listing, there is a detached garage, shed, outdoor animal unit and a summerhouse all of which have full power. The garden itself has a patio seating area and a long stretch of lawn towards the back of the outdoor space. Viewings are available immediately by contacting Roost Estate Agents.
Agent Details
Roost Estate Agents
Grimsby Road, Humberston, DN36 4AF
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
3.6

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£4,425
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.8

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
3 bedroom properties in proximity are mostly listed £449 - £495 – 3 recently listed properties were found in that band. However, the highest were £550, £510, £500.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested