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Hainton Avenue, Grimsby

Yorkshire

£90,000
Listed on 24/02/2026

Property Details

Bedrooms
5
Type
Terraced house
Area
1556 sqft

Description

This five-bedroom terraced home presents a compelling opportunity for those looking to undertake a significant renovation project. Nestled in a sought-after residential area of Grimsby, the property is conveniently situated near a variety of amenities, with accessible transport links and proximity to reputable schools. While it currently requires extensive refurbishment, the space offers great potential for transformation into a desirable family residence or rental investment. Internally, the layout features an entrance hallway leading to multiple reception areas, including a generously sized living room and a versatile kitchen/reception room. There’s also potential for a spacious bathroom on the ground floor. The first floor hosts five well-proportioned bedrooms, providing ample sleeping accommodations. Outside, the property boasts a large rear garden that will benefit from some upkeep. This is an ideal project for builders or developers eager to capitalize on the property's expansive interior and exterior space.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -41.4% below area average per sq ft

-41.4%
Potential saving
This Property
£58/sq ft
Area Average
£99/sq ft
Avg Rent (weekly)
£144
Avg Yield
6.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£169,021
10% above area average per sq ft
Potential ROI
-0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (DN32)

Area prices are stable by -0.7% over the last 12 months
3 year growth: -3.1%
5 year growth: +7.6%
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

Hainton Avenue, Grimsby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£325
Based on a loan of £67,500 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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