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148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 1
148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 2
148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 3
148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 4
148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 5
148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 6
148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 7
148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 8
148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 9
148 Rutland Street, Grimsby, Lincolnshire DN32 7NE - Image 10

148 Rutland Street, Grimsby, Lincolnshire DN32 7NE

Yorkshire

£30,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terrace property presents a solid opportunity for renovation and investment in the heart of Grimsby. Located on Rutland Street, you'll find yourself in a vibrant area with convenient access to the town center, which offers a variety of retail and leisure amenities. The property is also well-positioned for easy connectivity to the M180 road network, making it ideal for commuters or those seeking accessibility. The house features three bedrooms and a practical layout that allows for versatile use of space. While it does require some modernisation, the generous room sizes and layout provide a promising foundation for a renovation project. Investors will appreciate the potential for strong rental yields once improvements are made, while owner-occupiers may envision creating their dream home tailored to their own taste. The ground floor includes an entrance hallway leading into a lounge, dining room, kitchen, and bathroom. Upstairs, you’ll find three well-proportioned bedrooms that hold considerable promise for transformation into comfortable living spaces. Outside, there is a rear garden that offers potential for landscaping or outdoor entertaining. This property represents not just a home but an investment opportunity that can yield significant returns with thoughtful renovations. Whether you are looking to invest or create your own living space in a central location, this property invites exploration and creativity.

Investment Analysis

(DN32 area)
Area Average
£101/sq ft
Avg Rent (weekly)
£136
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

148 Rutland Street, Grimsby, Lincolnshire DN32 7NE
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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
£110
Based on a loan of £22,500 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