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2 Bed Terraced House For Sale Haycroft Street, Grimsby, DN31

£62,000- Terraced

Yield: 8.73%
1 of 8
Yield: 8.73%
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  • Rental Guide: £360 - £455
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Two Bedroom Mid Terraced Property
  • Ideal Investment Or First Time Purchase
  • Two Reception Rooms To The Ground Floor
  • No Forward Chain
  • Viewings Available Immediately
  • Grimsby Town Centre Location
  • Family Bathroom To The First Floor
  • Energy Performance Rating E And Council Tax Band A
Last Updated: 2nd April 2021

Description

Crofts Estate Agents are pleased to market this two bedroom mid terraced property located a short walk from Grimsby Town centre. The property would make an ideal first time purchase or a solid buy to let investment with rentals down this street fetching in the region of £400PCM. The ground floor comprises of the entrance hallway, lounge, dining room, kitchen, W/C and rear lean to. The first floor has two bedrooms and the family bathroom. There is a private rear garden with bricked rear wall.

Lounge - 9' 11'' x 9' 9'' (3.03m x 2.96m)
The lounge is located to the front of the property and has a bay window to the front which acts as a nice feature of the room but also provides a good amount of light into the room.

Dining Room - 13' 3'' x 12' 11'' (4.03m x 3.94m)
Located in the middle of the ground floor, the dining room is a good sized space and links through into the kitchen. There is a rear window which faces down towards the rear garden, thus providing daylight into the room.

Kitchen - 9' 3'' x 6' 10'' (2.81m x 2.09m)
The kitchen has a range of wall and base units which provides a good level of storage space plus a good area of worktop space. There is a side uPVC window which brings light into the room. There is a fitted gas hob and electric cooker, plus space for a washing machine. An ideal size for a house of this size.

WC
Located through the kitchen, the W/C provides the house with a downstairs toilet, ideal for guests and children.

Bedroom 1 - 9' 11'' x 12' 8'' (3.02m x 3.85m)
The master bedroom is located to the front of the house and is a good sized double bedroom which runs for the full width of the house.

Bedroom 2 - 9' 11'' x 6' 4'' (3.01m x 1.92m)
The second of the bedrooms is another good sized room and has plenty of space for a bed, chest of drawers and a wardrobe. There is a rear uPVC window which faces out onto the back garden.

Bathroom - 7' 1'' x 6' 3'' (2.15m x 1.91m)
The family bathroom is located at the top of the staircase on the landing area and provides the house with a three piece suite which includes a bath with shower over, wash basin and toilet. Tiled throughout.

Rear garden
There is a rear bricked wall and wooden gate and to either side of the garden you will also find a fence and another bricked wall. This keeps the garden area nice and private and secure.
Agent Details
Crofts Estate Agents
62, St. Peters Avenue, Cleethorpes, DN35 8HP
Show Contact Number
01472 200 666
**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.
9.8

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

Good rental demand in this area.
Compared to other property investments this gives an excellent regular return.
10

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:
£1,860
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.

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Rental Data
2 Bedroom properties in “DN31” are mostly listed between £360 - £455. There is limited data on listings in proximity to this property.

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