# 2 bedroom semi-detached bungalow for sale (DN37 9RH) ## Property Details | Key | Value | |-----|-------| | Address | 5 BYWOOD PLACE, GRIMSBY, NORTH EAST LINCOLNSHIRE DN37 9RH | | Price | £185,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Construction age | England and Wales: 1983-1990 | | Floor area | 62 m² | | Last sold | £180,000 Oct 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 19/05/2027 - **Current heating cost:** £531/year - **Est. upgrade cost to C:** £19,520 ### Recommendations - W2 (£4,000 - £6,000) - E (£20) - G (£350 - £450) - I (£2,200 - £3,000) - N (£4,000 - £6,000) - U (£5,000 - £8,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8323-7825-5580-4130-8926) ## Description This immaculate semi-detached bungalow is now available for sale. It represents an exceptional opportunity for retirees or couples seeking a quality home in a sought-after location. The property is nestled in a quiet cul-de-sac, with excellent public transport links, local amenities, and green spaces within easy reach. The location also boasts a number of walking routes, perfect for those who enjoy an active lifestyle. The property has been superbly presented, with unique features that add to its standout appeal. These include a complete rewire in 2023, uPVC double glazing, and a gas central heating system. The external LED mood lighting and spotlights throughout the property provide a modern and welcoming ambience. The bungalow offers a stylishly presented and spacious lounge, featuring a window that overlooks the pleasant garden. The modern kitchen is equipped with a breakfast bar, an integrated washer, an oven, hob and extractor hood, and a dishwasher. The kitchen also provides ample space for a dining table, making it a great space for entertaining. The property comprises two spacious bedrooms, providing ample space for relaxation. The luxurious bathroom is fully tiled and comprises a suite with a rainfall shower over the bath, a sink with a vanity unit, and a wc. The bathroom also features a towel radiator, ceiling speakers and LED mood lighting, adding to the overall luxurious feel of the property. Outside, the property benefits from a large driveway and a garage with an electric roller shutter door, offering plenty of off-street parking. The gardens are a particular highlight, beautifully maintained and providing a wonderful space for outdoor relaxation or entertainment. This property is more than just a home; it's a lifestyle choice. With its modern features, great location and superb presentation, it offers a unique opportunity to acquire a home that's ready to move into and enjoy. Its location in a sought-after area, coupled with its unique features and immaculate condition, make this property a must-see for those seeking a quality home in a superb location. EPC rating: D. Tenure: Freehold, ## Property Photos - ![Photo](/listings/photos/157972916/502959) - ![Photo](/listings/photos/157972916/502960) - ![Photo](/listings/photos/157972916/502961) - ![Photo](/listings/photos/157972916/502962) - ![Photo](/listings/photos/157972916/502963) - ![Photo](/listings/photos/157972916/502964) - ![Photo](/listings/photos/157972916/502965) - ![Photo](/listings/photos/157972916/502966) - ![Photo](/listings/photos/157972916/502967) - ![Photo](/listings/photos/157972916/502968) - ![Photo](/listings/photos/157972916/502969) - ![Photo](/listings/photos/157972916/502970) - ![Photo](/listings/photos/157972916/502971) - ![Photo](/listings/photos/157972916/502972) - ![Photo](/listings/photos/157972916/502973) - ![Photo](/listings/photos/157972916/502974) - ![Photo](/listings/photos/157972916/502975) - ![Photo](/listings/photos/157972916/502976) ## Floorplans - ![Floorplan](/listings/photos/157972916/502977) - Floorplan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 5 BYWOOD PLACE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RH | £180,000 | 30/10/2025 | Semi-detached | | 5 BYWOOD PLACE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RH | £154,000 | 30/09/2022 | Semi-detached | | 5 BYWOOD PLACE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RH | £120,000 | 30/08/2017 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 173 SANCTUARY WAY, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RX | £200,000 | 05/12/2025 | Semi-detached | | 164 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RF | £175,000 | 28/11/2025 | Semi-detached | | 114 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9QG | £145,000 | 07/11/2025 | Semi-detached | | 5 TEAM GATE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RS | £135,000 | 08/08/2025 | Semi-detached | | 195 SANCTUARY WAY, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RY | £165,000 | 27/06/2025 | Semi-detached | | 114 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9QG | £148,000 | 03/11/2023 | Semi-detached | | 258 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RP | £210,000 | 01/11/2023 | Semi-detached | | 129 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9QF | £180,000 | 01/09/2023 | Semi-detached | | 16 TEAM GATE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RS | £169,950 | 03/07/2023 | Semi-detached | | 94 SANCTUARY WAY, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9SA | £275,000 | 30/06/2023 | Semi-detached | | 52 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9QB | £152,500 | 11/04/2023 | Semi-detached | | 23 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9QD | £185,000 | 18/11/2022 | Semi-detached | | 2 SANCTUARY WAY, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RQ | £189,950 | 18/11/2022 | Semi-detached | | 144 SANCTUARY WAY, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9SA | £155,000 | 23/08/2022 | Semi-detached | | 180 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RF | £175,000 | 16/08/2022 | Semi-detached | | 197 SANCTUARY WAY, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RY | £267,180 | 25/07/2022 | Semi-detached | | 81 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9QE | £170,000 | 22/07/2022 | Semi-detached | | 36 FOXHILL, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9QL | £191,000 | 21/07/2022 | Semi-detached | | 257 ST NICHOLAS DRIVE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RW | £131,000 | 24/02/2022 | Semi-detached | | 11 TEAM GATE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 9RS | £140,000 | 14/02/2022 | Semi-detached | **Area average:** £177,979 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £177,783 (35 Semi-detached, DN37, 2024–2026) - **Deviation:** +4.1% ## Rental Range *ONS Price Index of Private Rents (North East Lincolnshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £555/mo - **Realistic:** £617/mo - **Optimistic:** £679/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Grimsby (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £479/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Spratton Court, DN34 | £625/mo | 2 | 0.48 miles | OpenRent | | 2 Bed Semi-Detached House, Orion Way, DN34 | £675/mo | 2 | 0.55 miles | OpenRent | **Average rent: £650/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.35% (weak for cashflow) - **Max investor price (0.8%):** £81,250 - **Target investor price (1%):** £65,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £650/mo).* - **Gross yield:** 4.2% - **Cost-to-rent:** 23.7× - **Monthly cashflow:** £-169/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -3.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £2,984/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 14.8% - **10y growth:** 31.6% ## House Price Index (HM Land Registry) *Official index for North East Lincolnshire; Semi-detached series; as of March 2026.* - **1y growth (index):** 0.5% - **5y growth (index):** 16.9% - **10y growth (index):** 43.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)