Worst House on the Street Logo
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 1
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 2
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 3
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 4
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 5
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 6
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 7
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 8
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 9
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 10
Elsenham Road, Grimsby, Lincolnshire, DN31 - Image 11

Elsenham Road, Grimsby, Lincolnshire, DN31

Yorkshire

£47,000
Listed on 06/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terrace property features two bedrooms and presents a solid foundation for renovation and investment. Situated in a well-connected area of Grimsby, it offers easy access to local motorway links and nearby shopping facilities, making it a practical choice for both homeowners and investors. The layout consists of an entrance hall leading to a spacious through living/dining room, which is enhanced by dual aspect windows that flood the space with natural light. The kitchen, while functional, is in need of modernization and can be reimagined to suit contemporary preferences. The first floor comprises two generously sized bedrooms, along with a bathroom that has potential for updating. One notable advantage of this property is its blank canvas nature; although it requires some refurbishment, this allows future owners the opportunity to customize the space according to their own tastes or rental specifications. Such upgrades could significantly enhance the property's market value. The rear garden provides an additional area that can be transformed into an outdoor retreat or utilized for utility purposes, further increasing the property’s appeal. With no onward chain, this house not only simplifies the purchasing process but also represents a viable investment opportunity in a growing market. Those looking to capitalize on property value appreciation will find this location offers promising potential as surrounding developments continue to evolve.

Investment Analysis

(DN31 area)
Area Average
£90/sq ft
Avg Rent (weekly)
£142
Avg Yield
9.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN31)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -8.9%
5 year growth: 20.0%
Investment Disclaimer: Analysis based on DN31 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.

Get Financing

Partnered with Yellow Brick Mortgages

5.0k+ 5-star reviews
Save £200 with code WHOTS
No obligation, free consultation

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

Location

Elsenham Road, Grimsby, Lincolnshire, DN31
Loading map...