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Elm Road, Grimsby, DN37

Yorkshire

£645,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Detached
Area
2476 sqft

Description

This impressive detached house offers substantial space and significant renovation potential, situated in a desirable location near Grove Park. The property requires modernisation, making it an ideal project for families or developers looking to invest. It features five spacious bedrooms, with the master having an en-suite and ample natural light from dual aspect windows. There are three bathrooms in total, including a convenient downstairs shower room and a well-appointed main family bathroom. The kitchen is filled with light and presents wooden units that provide a cozy ambiance. Three large reception rooms offer great views of the garden, enhancing the living experience. A standout feature is the expansive double garage along with a semi-circular driveway featuring two entrances. Set on approximately an acre plot, this property also holds promise for potential planning permission which could allow for up to five additional dwellings, presenting rare investment possibilities. Local amenities and recreational spaces are easily accessible, further enhancing its appeal for future development. With character and prime potential in a burgeoning area, this property invites creative vision.

Investment Analysis

(DN37 area)

Above Market Value

This property is priced +25.6% above area average per sq ft

+25.6%
This Property
£261/sq ft
Area Average
£207/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£564,875
10% above area average per sq ft
Potential ROI
-26.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DN37)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -1.3%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on DN37 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

Elm Road, Grimsby, DN37
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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
£2,284
Based on a loan of £483,750 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.

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