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3 Bed Terraced House For Sale Birch Avenue, Grimsby, DN34

£115,000- Terraced

Yield: 5.74%
1 of 15
Yield: 5.74%
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  • Rental Guide: £525 - £550
  • 3 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Tenure: Leasehold
  • Mid-terraced Home
  • 3 Bedrooms
  • Lounge & Dining Room
  • Modern Fitted Kitchen
  • Useful Off-road Parking
  • Ideal First Time Buy
  • Potential Investment
  • Internal Viewing Is Essential
  • Epc Rating - D
Last Updated: 1st April 2021

Description

Located in this popular residential position is this well presented three-bedroom terraced home.

Considered to be an ideal first time buy with useful off-road parking the accommodation briefly comprising; Entrance Hall with UPVC entrance door, bay fronted Lounge which opens onto the Dining Room, off the Dining Room is a Utility with WC. The modern Kitchen has a large range of fitted units. To the first floor are three Bedrooms and a Family Bathroom.

Outside is the off-road parking to the front of the property and an easy maintenance rear garden. This is a leasehold property but there are over 999 years remaining and a nominal ground rent of £3.04 per annum.


ENTRANCE HALL

LOUNGE 12'1" x 11'10" (3.68m x 3.6m). max x into bay

DINING ROOM 11'5" x 11'1" (3.48m x 3.38m).

KITCHEN 16'5" x 6'8" (5m x 2.03m).

UTILITY ROOM

WC

FIRST FLOOR LANDING

BEDROOM 1 11'11" x 10'6" (3.63m x 3.2m).

BEDROOM 2 11'11" x 10'5" (3.63m x 3.18m).

BEDROOM 3 6'4" x 5'11" (1.93m x 1.8m).

BATHROOM 5'10" x 5'8" (1.78m x 1.73m).
Agent Details
Pygott & Crone
22, South St. Marys Gate, Grimsby, DN31 1LQ
Show Contact Number
01472 264 960
**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.
5.5

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:
£3,450
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 slightly better regular return, when compared to other conservative investments.
6

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 £525 - £550 – 4 recently listed properties were found in that band. However, the highest were £625, £625, £560.

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