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3 Bed Terraced House For Sale Tennyson Street, Grimsby, DN31

£70,000- Terraced

Yield: 8.14%
1 of 13
Yield: 8.14%
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  • Rental Guide: £425 - £475
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Three Bedroom Mid Terrace
  • Town Centre Location
  • Through Lounge/dining Room
  • Ground Floor Bathroom
  • Three Good Sized Bedrooms
  • Low Maintenance Gardens
Last Updated: 13th November 2020

Description

A Three Bedroom Mid Terraced Home located off Alexander Road, within close proximity of the town centre. Well presented, the accommodation offers a through Lounge/Dining Room, Kitchen and Bathroom to the ground floor, and first floor with Three Good Sized Bedrooms. Set in Low Maintenance Gardens.

Entrance Hallway - Accessed via a uPVC front entrance door. With radiator, laminate flooring and staircase to the first floor.

Lounge - 3.41 x 2.86 (11'2" x 9'5") - Double glazed window to front aspect, radiator and fireplace ideal for an electric stove. Open arch to:-

Dining Room - 3.81 x 3.05 (12'6" x 10'0") - Double glazed window to rear aspect, understairs storage cupboard, radiator and continued laminate flooring.

Kitchen - 3.17 x 2.40 (10'5" x 7'10") - Fitted with base and wall mounted units, and work surfaces incorporating a stainless steel sink. Plumbing for a washing machine and further appliance space. Window to side aspect.

Bathroom - 2.35 x 1.98 (7'9" x 6'6") - Fitted with a vanity sink unit, close coupled wc, and roll top bath with bath/shower mixer. Radiator, and a double glazed window to rear aspect.

First Floor Landing - Split level landing with fitted storage cupboard, radiator and loft access.

Bedroom One - 3.53 x 3.44 (11'7" x 11'3") - Double glazed window to front aspect, fitted wardrobes, and radiator.

Bedroom Two - 4.16 x 2.44 (13'8" x 8'0") - Double glazed window to rear aspect, radiator and housing the gas central heating boiler.

Bedroom Three - 3.73 x 2.32 (12'3" x 7'7") - Double glazed window to rear aspect, and radiator.

Outside - To the rear is a well maintained courtyard with south facing aspect, and gated access to the passageway.

Tenure - Freehold

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Agent Details
Argyle Estate Agents
31, Sea View Street, Cleethorpes, DN35 8EU
Show Contact Number
01472 603 929
**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.
7.9

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 good regular return.
8

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:
£2,100
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a higher regular return, when compared to other conservative investments.
8

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 £425 - £475 – 4 recently listed properties were found in that band. However, the highest were £500, £495, £475.

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