Recent sale
9 THORGAM COURT
£37k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Skip to property detailsMonthly AVM sale-value estimate Monthly -6 live signals 25% deposit · IO BTL · Interest Only
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3 signals 0 levers
Flat 1, 2 Thorgam Court, Grimsby, DN31 2EU
UPRN:11002711Flat/Maisonette2 bedsBuilt 1976-1982
LeaseholdCouncil Tax: -EPC: E (40)AI-Powered Intelligence
Data freshness:Listing· 2mo agoListing: ageing, refreshed 2mo ago (2026-06-27T06:08:03.885123+00:00)Planning· 2mo agoPlanning: ageing, refreshed 2mo ago (2026-07-10T08:29:33.369811+00:00)EPC· 3mo agoEPC: stale, refreshed 3mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 2mo agoRisk: ageing, refreshed 2mo ago (2026-07-04T06:46:22.443816+00:00)Connectivity· 2mo agoConnectivity: ageing, refreshed 2mo ago (2026-07-04T20:23:28.637306+00:00)Schools· 2mo agoSchools: ageing, refreshed 2mo ago (2026-07-07T02:37:19.861486+00:00)Amenities· 2mo agoAmenities: ageing, refreshed 2mo ago (2026-07-05T20:05:00.707256+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
AI ValuationFairly ValuedUpdated 15 days ago
£38,000
Estimated value
Range: £36k - £40k|Last sold: -- (-)
Estimate of £38k for flat/maisonettes in Grimsby. 154 transactions in the last 12 months; median £72k.
AI Confidence
-
High confidence
Value History
Current estimate
£38k
£36k - £40k - High confidence
Annualised (CAGR)
+4.48%
Over the full window
Peak estimate
£45k
Jun 2024
From peak
-15.56%
Drawdown from peak
AVM estimate (model)Repeat-sales index - DN31 district (quarterly)index YoY +20.71%
Growth by window
3m
+0.00%
6m
+0.00%
12m
+5.56%
24m
-5.00%
60m
+31.03%
Rental Market
Estimated rent (pcm)
£200
/ month
Gross yield
9.16%
Net yield
4.26%
Vacancy trend
12-month change
Tenant profile
Market Metrics
Avg Area Price
£72k
2-bed Flat/Maisonette
12m Price Growth
+105.4%
vs UK avg
Days on Market
93d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£38,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£1,900
- Legal + Survey£15,000
- Refurb (light)£2,660
- Total All-In Cost£57,560
Funding
- Deposit (25%)£9,500
- Mortgage (75% LTV)£28,500
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£29,060
Monthly Returns
- Monthly Rent (est)£200
- Mortgage Payment (IO)-£125
- Management (10%)-£20
- Insurance-£79
- Maintenance-£16
- Monthly Cashflow-£40
Capital Returns
- 5yr Property Value£42,244
- 5yr Capital Gain (2.14% pa)+£4,244
- 5yr Cumulative Rent (net)+£5,100
- Less mortgage interest-£7,500
- 5yr Total Return+£1,844
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £38,813 | £10,313 | -£480 | +£333 | 1.1% |
| Year 2 | £39,644 | £11,144 | -£960 | +£684 | 2.4% |
| Year 3 | £40,492 | £11,992 | -£1,440 | +£1,052 | 3.6% |
| Year 4 | £41,359 | £12,859 | -£1,920 | +£1,439 | 5.0% |
| Year 5 | £42,244 | £13,744 | -£2,400 | +£1,844 | 6.3% |
Assumes 2.14% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£29,060).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
6 THORGAM COURT
£32k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
12 THORGAM COURT
£27k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
10 THORGAM COURT
£27k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£26,631
Median Income
Signal
1,677
Population
Signal
10.7 / 100
Deprivation