Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

The Colton is a charming one-bedroom house located in the heart of Grimsby, offering a perfect blend of comfort and convenience at an affordable price point. Ideal for first-time buyers or investors, this property features a well-designed layout including a spacious lounge, a modern kitchen/dining area, and a ground floor WC. The upstairs benefits from a generous bedroom and a full bathroom, making it a practical home for singles or couples.

Situated within easy reach of local amenities and transport links, The Colton provides excellent access to Grimsby Town railway station and nearby schools, making it a desirable location for commuters and families alike. The property’s compact footprint ensures manageable maintenance while offering ample living space, making it a smart choice in the current market.

Property Features

This property boasts a practical layout with a ground floor WC for convenience and a store/cylinder cupboard for additional storage. The modern kitchen/dining area is designed to accommodate everyday living and entertaining, while the spacious lounge provides a comfortable living space. Upstairs, the property includes one double bedroom and a full bathroom, offering a cozy and functional environment.

Ground Floor WCStore/Cylinder CupboardModern Kitchen/DiningSpacious LoungeOne Double BedroomFull Bathroom

Local Amenities

Located in Grimsby, The Colton benefits from proximity to several reputable schools such as St Mary's Catholic Primary School and Beacon Academy, ensuring quality education options. The nearby Grimsby Town railway station offers convenient transport links to Lincoln and beyond. Residents also enjoy access to Freshney Place Shopping Centre for retail needs and the Grimsby Fishing Heritage Centre for cultural enrichment. Several local parks provide green spaces for recreation and relaxation.

St Mary's Catholic Primary SchoolBeacon AcademyGrimsby Town StationFreshney Place Shopping CentreGrimsby Fishing Heritage CentreLocal Parks
Grimsby Town Train Station (1.3 miles, 6 mins drive) • 40 mins to Lincoln

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£131,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£131,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
60/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited international transport connections
Stable local rental demand

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£131,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
9.0%
Based on £990/mo rent
Area Price Growth
+4.8%
Average annual increase
5-Year Value Forecast
£166,546
+£34,551 projected gain
5-Year Rent Forecast
£1,252/mo
Based on 4.8% annual growth
Price per Sq Ft£203
Annual Rent Income£11,880
10-Year ROI360%
Break-Even Point7 yrs

Property Value Projection

Based on 4.8% annual growth
£166,546
5yr
£210,142
10yr
£265,149
15yr
£334,555
20yr
£422,129
25yr
Current: £131,995

Monthly Rental Income

Based on 4.8% annual growth
£1,252
5yr
£1,582
10yr
£2,000
15yr
£2,528
20yr
£3,196
25yr
Current: £990/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Location

Commute Time Planner

Lincoln Central
40 mins
45 mins
Humberside Airport
N/A
20 mins

Location Scores

58
Walk Score
Somewhat Walkable
54
Transit Score
Good Transit
48
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Grimsby Town Centre Regeneration
1 mileEst. 2025
* Information based on local planning applications and may be subject to change

Loading location insights...

£131,995
AvailableNB0000026265
View Location Analytics

The Colton

Grimsby, Grimsby DN31 1UL
Alexandra Wharf, Grimsby
1
Bedrooms
1
Bathrooms
650
Est. Sq ft
house
Type
Available Plot Numbers
7
1 plot(s) available
Ownershipfreehold

Request Information

£131,995The Colton

Enquire About This Property

The Colton
The ColtonGrimsby£131,995

Property Assistant

Ask me anything