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Great Coates Road, Grimsby

Yorkshire

£450,000
Listed on 12/03/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a significant opportunity for developers and builders, featuring a generous plot of around 0.46 acres with granted outline planning permission for the construction of three distinct dwellings along with associated garages. Located on the outskirts of Healing, a desirable village, this site offers excellent potential for creating a small residential development. The current structure includes a traditional home that can be demolished to make way for new builds, following the approved plans available under application number DM/01614/24/OUT on the North East Lincolnshire Planning Portal. The existing building includes several rooms such as a sitting room with a log-burning stove, a functional kitchen, and multiple bedrooms, though it is primarily being considered for its redevelopment prospects rather than its current condition. A detached double garage complements the property and provides additional utility. With mains gas, water, electricity, and drainage believed to be nearby in the open culvert, any new owner will need to arrange for service connections at their own cost.

Investment Analysis

(DN41 area)
Area Average
£219/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DN41)

Area prices are falling by -5.2% over the last 12 months
3 year growth: +3.9%
5 year growth: +19.0%
Investment Disclaimer: Analysis based on DN41 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

Great Coates Road, Grimsby
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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