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Roberts Street, Grimsby, Lincolnshire, DN32 - Image 1
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Roberts Street, Grimsby, Lincolnshire, DN32 - Image 3
Roberts Street, Grimsby, Lincolnshire, DN32 - Image 4
Roberts Street, Grimsby, Lincolnshire, DN32 - Image 5

Roberts Street, Grimsby, Lincolnshire, DN32

Yorkshire

£50,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1270 sqft

Description

This two-bedroom house presents a promising opportunity for both first-time buyers and seasoned investors looking to expand their property portfolio. The home is available without any chain, allowing for a smoother transition for prospective owners. Upon entering, you'll find a surprisingly spacious interior that includes a large living room and a separate dining area, providing flexibility in how you choose to use the space. The kitchen and utility room are functional and ready for your personal touches. On the upper level, there are two generously sized bedrooms alongside a sizable bathroom, which has previously been divided to accommodate a third bedroom. This feature highlights the property’s potential for reconfiguration, should you wish to develop additional living spaces. Situated in a location that benefits from easy access to local amenities and transport links, this property is not only suitable for family living but also holds significant renovation potential. With relevant planning and building consents, buyers can explore various options to enhance the existing layout or create new areas tailored to modern living needs. Given the characteristics of this home and the surrounding community, it’s advisable to view this property firsthand. The potential for improvement combined with its solid foundational elements makes it an excellent candidate for renovation or investment.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -61.1% below area average per sq ft

-61.1%
Potential saving
This Property
£39/sq ft
Area Average
£101/sq ft
Avg Rent (weekly)
£136
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£141,376
10% above area average per sq ft
Potential ROI
+48.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DN32)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -5.1%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on DN32 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Roberts Street, Grimsby, Lincolnshire, DN32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£183
Based on a loan of £37,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE