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Castle Street, Grimsby, Lincolnshire, DN32 - Image 1
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Castle Street, Grimsby, Lincolnshire, DN32 - Image 3
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Castle Street, Grimsby, Lincolnshire, DN32 - Image 5
Castle Street, Grimsby, Lincolnshire, DN32 - Image 6
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Castle Street, Grimsby, Lincolnshire, DN32 - Image 8
Castle Street, Grimsby, Lincolnshire, DN32 - Image 9
Castle Street, Grimsby, Lincolnshire, DN32 - Image 10
Castle Street, Grimsby, Lincolnshire, DN32 - Image 11

Castle Street, Grimsby, Lincolnshire, DN32

Yorkshire

£60,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This period terraced house presents a promising opportunity for investors or developers looking to add value through renovation. Located in a well-established neighborhood, the property boasts three spacious bedrooms and two living areas, making it suitable for a family residence or as a rental investment. The ground floor features an entrance hall leading into the main living room, where a uPVC double-glazed bay window fills the space with natural light. The rear reception room offers additional flexibility, complete with an attractive fireplace and built-in storage. The kitchen, although in need of updating, includes essential fixtures and fittings such as a 1½ bowl sink and a range of base units. A convenient ground-floor bathroom serves this level and includes basic amenities. Upstairs, the three bedrooms are generous in size and provide solid potential for refurbishment. Each bedroom is equipped with uPVC double-glazing and radiators, ensuring comfort throughout the year. The presence of loft access adds further possibilities for expansion or storage solutions. Externally, the property benefits from both a forecourt garden and a rear patio area with an accompanying store, offering outdoor space to enhance the property's appeal. With gas central heating already installed, this home is structurally sound yet requires modernisation to unlock its full potential. Positioned within easy reach of local amenities and transport links, this property is well-placed for attracting tenants or buyers post-renovation. This collective potential provides an excellent opportunity for those looking to invest in an area poised for growth. Interested parties are encouraged to schedule a viewing to fully appreciate both the charm of this home and its investment possibilities.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £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

Castle Street, Grimsby, Lincolnshire, DN32
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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
£220
Based on a loan of £45,000 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