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Grafton Street, Grimsby, Lincolnshire, DN32 - Image 1
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Grafton Street, Grimsby, Lincolnshire, DN32 - Image 3
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Grafton Street, Grimsby, Lincolnshire, DN32 - Image 5
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Grafton Street, Grimsby, Lincolnshire, DN32 - Image 7
Grafton Street, Grimsby, Lincolnshire, DN32 - Image 8
Grafton Street, Grimsby, Lincolnshire, DN32 - Image 9
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Grafton Street, Grimsby, Lincolnshire, DN32 - Image 12
Grafton Street, Grimsby, Lincolnshire, DN32 - Image 13

Grafton Street, Grimsby, Lincolnshire, DN32

Yorkshire

£46,950
Listed on 08/04/2026

Property Details

Bedrooms
2
Type
Terraced House
Area
828 sqft

Description

Located in a well-established residential area near Grimsby town centre, this two-bedroom mid-terrace property offers a solid foundation for those looking to invest in a refurbishment project. The home features a traditional layout, starting with an entrance hallway that leads into a spacious living room and a separate dining area. The kitchen is positioned at the rear of the house, providing ample scope for modernisation and reconfiguration. On the upper floor, you will find two bedrooms along with a bathroom, which could benefit from updating. While the property is equipped with extensive UPVC double glazing and a gas central heating system, it requires a programme of improvements to unlock its full potential. This is an excellent opportunity for investors or developers aiming to enhance property value and create either a desirable rental unit or resale option. The absence of forward chain simplifies the acquisition process, making it an appealing choice for those seeking their next project in this promising area.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -43.1% below area average per sq ft

-43.1%
Potential saving
This Property
£57/sq ft
Area Average
£100/sq ft
Avg Rent (weekly)
£139
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£90,807
10% above area average per sq ft
Potential ROI
+4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -7.0%
5 year growth: -0.3%
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

Grafton Street, Grimsby, Lincolnshire, DN32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£166
Based on a loan of £35,212 over 30 years at 3.91% 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.

Stamp Duty Calculator

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