About This Property

Discover what makes this home special

The Colton is a charming one-bedroom house located in the DN31 1UL area near Grimsby, offering an affordable entry into the property market. This well-designed home features a spacious lounge and a modern kitchen/dining area on the ground floor, complemented by a convenient WC. Upstairs, the property boasts a generous bedroom and a full bathroom, ideal for singles or couples seeking a comfortable living space. The location benefits from proximity to local amenities and coastal attractions, making it a great choice for those looking to enjoy a quieter lifestyle with easy access to urban conveniences.

Situated just a short drive from Grimsby town centre, The Colton offers good connectivity to transport links, including nearby train stations and bus routes. The area is undergoing positive development, including town centre regeneration projects and coastal infrastructure improvements, which add to the property's future growth potential. Whether as a first home or an investment opportunity, this property presents excellent value with promising prospects.

Property Features

This property features a well-laid-out floorplan with a large lounge that provides ample space for relaxation and entertaining. The kitchen/dining area is designed for functionality and convenience, equipped to meet everyday needs. The inclusion of a ground floor WC adds practicality, while upstairs the single bedroom is generously sized with an adjacent full bathroom. Additional storage space is provided by a dedicated store/cylinder cupboard, enhancing the home's usability.

Spacious LoungeModern Kitchen/DiningGround Floor WCOne BedroomFull BathroomStore/Cylinder Cupboard

Local Amenities

Located in a residential area with easy access to essential local amenities, The Colton benefits from nearby primary schools such as Eastfield Primary School and St Joseph's Catholic Primary School, making it suitable for young families. Several parks and green spaces are within walking distance, offering outdoor recreational opportunities. The property is well served by local shops and supermarkets for daily needs, with Grimsby town centre just a short drive away providing a wider range of retail, dining, and entertainment options. Public transport is available via local bus stops connecting to surrounding areas.

Local ShopsPrimary SchoolsParksBus StopsGrimsby Town CentreSupermarkets+1
Grimsby Town Train Station (3.5 miles, 10 mins drive) • 10 mins by car to Grimsby

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25%
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4.5%
Monthly Payment-
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Purchase Costs
Total Price£129,995
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-

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10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£129,995
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 transport connectivity
Potential for area regeneration

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£129,995
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 £975/mo rent
Area Price Growth
+4.8%
Average annual increase
5-Year Value Forecast
£164,023
+£34,028 projected gain
5-Year Rent Forecast
£1,233/mo
Based on 4.8% annual growth
Price per Sq Ft£236
Annual Rent Income£11,700
10-Year ROI360%
Break-Even Point7 yrs

Property Value Projection

Based on 4.8% annual growth
£164,023
5yr
£206,958
10yr
£261,131
15yr
£329,486
20yr
£415,732
25yr
Current: £129,995

Monthly Rental Income

Based on 4.8% annual growth
£1,233
5yr
£1,558
10yr
£1,970
15yr
£2,490
20yr
£3,148
25yr
Current: £975/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

Grimsby Town
N/A
10 mins
Cleethorpes
15 mins
15 mins

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
35
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use Commercial and Residential+Positive Impact
Grimsby Town Centre Regeneration
3.5 milesEst. 2025
Infrastructure+Positive Impact
DN31 Coastal Flood Defence Improvements
1 mileEst. 2024
* Information based on local planning applications and may be subject to change

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£129,995
AvailableNB0000035264
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The Colton

Grimsby, Grimsby DN31 1UL
Alexandra Wharf, Grimsby
1
Bedrooms
1
Bathrooms
550
Est. Sq ft
house
Type
Available Plot Numbers
8
1 plot(s) available
Ownershipfreehold

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£129,995The Colton

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The Colton
The ColtonGrimsby£129,995

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