Contact Us:

+44 (0)121 2859377

info@investingnorth.co.uk

SOLD
Barcroft Street, Grimsby

 

Property Address:

 

SOLD - Barcroft Street
Grimsby
DN35 7DS

 

Property Details:

 
  • 2 Bedroom Mid Terrace
  • 2 Reception Rooms
  • Front and Back Gardens
  • Doubel Glazing
  • Gas Central Heating
 

This property is a 2 bedroom terraced house in Cleethorpes which benefits from a strong rental market. The property used to have 3 bedrooms, however one bedroom has been converted to a bathroom, which has increased the size of the kitchen. 

Reason For Sale

 

Financials

Financial Information:

 
  • Cashflow: £140
  • Purchase Price: £50,000
  • Estimated Refurb: £5,250
  • Estimated Value after works: £70,000
  • Market Rental: £425
  • Sourcing Fee: £2,997
 

Comparables

Comparable Sale

£76 950 2 bedroom Terrace - Pygotte and Crone

£75 000 2 Bedroom Terrace - BMH

£78 950 3 Bedroom Terrace - Jackson Green Preston

Comparable Sold

£70 000 - 30th January 2014  11 Barcroft Street, Cleethorpes

£77 000 - 26th February 2014  210 Daubney Street, Cleethorpes

£70 000 - 21st February 2014  136 Brereton Avenue, Cleethorpes

£70 000 - 22nd November 2013 189 Barcroft Street, Cleethorpes

£71 000 - 13th December 2013 152 Barcroft Street, Cleethorpes

 

Comparable Let

£430pcm - 2 Bed on Ward Street Jackson Green Preston

£420pcm - 2 Bed on Barcroft Street Jackson Green Preston

£450pcm - 2 Bed on Lovett Street Joy Walker

What do I do next?

  1. Carry out your own due diligence
  2. Contact us and pay £500 to reserve the property
  3. Complete and sign our sourcing agreement
  4. We will then instruct our team to commence the purchase on your behalf

We can assist you with the project management of the works and offer you full management on the rental side


 

This property comes with Double Glazing and Gas Central Heating. The property is in good condition, however requires a damp course which is common with properties in this area. It is within close proximity to Cleethorpes town centre, a train station and also local shopping amenities.

Contact Details:

 

Contact:

Alex Demianenko

Telephone:

+44 (0)121 285 9377

Email:

info@investingnorth.co.uk


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