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3 Bed Semi-Detached House For Sale Littlefield Lane, Grimsby, DN34

£115,000- Semi-detached

Yield: 5.74%
1 of 14
Yield: 5.74%
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  • Rental Guide: £525 - £550
  • 3 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Extended Semi-detached House
  • Sought-after Cul-de-sac Position
  • Stunning Kitchen/diner
  • Living Room
  • 3 Bedrooms
  • Upvc Double Glazing & Gas Central Heating System
  • Gardens, Drive & Garage
Last Updated: 1st April 2021

Description

This is a delightful and well extended semi-detached house located in this sought-after residential cul-de-sac lying just off Littlefield Lane and reasonably close to local shops and Grimsby town centre.
Fashionably decorated and smartly presented it benefits from uPVC double glazing and a gas central heating system.
Particularly noteworthy is the superb extended kitchen-diner to the rear which has an attractive range of fitted units incorporating a four-ring hob, oven and extractor and an integral dishwasher, entrance porch, entrance hall and living room complete the ground floor accommodation.
On the first floor are three good sized bedrooms along with a family bathroom.
The property is approached over a driveway and there is a garage and extensively decked rear garden.
An ideal family home, an internal viewing is highly recommended to fully appreciate the scope, quality and space of this lovely home.
This is currently let on an Assured Shorthold Agreement at £595 per calendar month. This estimates to an annual income of £7,140 representing a 6.21% investment yield at the current asking price.
AN EXCELLENT INVESTMENT OPPORTUNITY.
Agent Details
Jackson Green & Preston
19, West St. Marys Gate, Grimsby, DN31 1LE
Show Contact Number
01472 311 113
**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

These figures are for illustration purposes, please adjust for greater accuracy.
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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