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Coniston Crescent, Humberston, Grimsby

Yorkshire

£235,000
Listed on 31/01/2025

Property Details

Bedrooms
3
Type
Detached house
Area
925 sqft

Description

This three-bedroom detached bungalow is situated in a desirable residential area, presenting significant renovation and investment potential. Nestled against the backdrop of Humberston Golf Course, the property enjoys attractive gardens that provide a private south-facing rear aspect, ideal for someone looking to enhance outdoor living spaces. Inside, the layout comprises an entrance hall that offers convenient built-in storage, including space for the gas central heating boiler. The kitchen features a generous array of white cabinetry topped with contrasting work surfaces, along with integrated appliances such as a dishwasher and plumbing options for additional utilities. This area seamlessly connects to a sunroom that spans the width of the home, providing ample light and views of the garden through patio doors. The snug lounge features a cozy log-burning stove and opens up to both the sunroom and garden, creating a warm atmosphere for relaxation or entertaining. The accommodation includes two well-proportioned double bedrooms and an additional room currently utilized as a study that could easily function as a third bedroom. The bathroom is equipped with essential fixtures and offers possibilities for modernization. Outside, the property is set within well-maintained gardens that enhance its appeal. A driveway leads to the front, while the rear garden guarantees privacy and consists mostly of shaped lawns bordered by established plants. There are also several outbuildings: a gazebo equipped for barbecues or fire pits, two sheds for storage, and an adaptable garden room that can serve as an office space or recreational area. This property not only offers comfortable living but also presents opportunities for improvement or expansion in line with personal preferences or market demand. Given its location near local amenities and leisure options like golf, it represents a solid investment opportunity in today's market.

Investment Analysis

(DN36 area)

Above Market Value

This property is priced +13.0% above area average per sq ft

+13.0%
This Property
£254/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£23,500 - £58,750
10-25% of property value
Target Value
£228,836
10% above area average per sq ft
Potential ROI
-22.1%
After renovation
Monthly Sales
22
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DN36)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 6.7%
5 year growth: 28.3%
Investment Disclaimer: Analysis based on DN36 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Coniston Crescent, Humberston, Grimsby
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