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Heneage Road, Grimsby, DN32 - Image 1
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Heneage Road, Grimsby, DN32

Yorkshire

£39,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
990 sqft

Description

This two-storey terraced home offers ample space and a well-thought-out layout, making it an intriguing opportunity for renovation enthusiasts or investors seeking a project with significant potential. Chain-free and awaiting modernization, the property presents a blank canvas for those interested in creating a tailored living space or enhancing its rental appeal. The ground floor features two separate reception rooms that can easily be adapted to suit various needs, whether as a lounge and dining area or as more flexible living spaces. The kitchen, while in need of updating, is spacious enough to accommodate modern designs and amenities. Moving upstairs, you’ll find three bedrooms along with a bathroom, providing comfort and convenience for families or tenants alike. Outside, the front and rear yards offer additional options for landscaping or storage solutions, presenting further opportunities to enhance both aesthetics and functionality. Given the property’s generous proportions and solid structure, it stands as a strong candidate for stylish renovations that could significantly increase its value. Located in the vibrant DN32 area of Grimsby, this home is situated near local amenities with easy access to the town center and nearby Cleethorpes Beach. The community’s blend of affordability and spirit makes it an attractive prospect for both homeowners and renters. This property represents not just a home but also an investment opportunity ripe with possibilities—whether you envision transforming it into your dream residence or capitalizing on its rental potential in a growing area.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -61.1% below area average per sq ft

-61.1%
Potential saving
This Property
£39/sq ft
Area Average
£101/sq ft
Avg Rent (weekly)
£136
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£110,207
10% above area average per sq ft
Potential ROI
+39.5%
After renovation
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

Heneage Road, Grimsby, 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
£143
Based on a loan of £29,250 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