Worst House on the Street Logo
Ladysmith Road, Grimsby - Image 1
Ladysmith Road, Grimsby - Image 2
Ladysmith Road, Grimsby - Image 3
Ladysmith Road, Grimsby - Image 4
Ladysmith Road, Grimsby - Image 5
Ladysmith Road, Grimsby - Image 6
Ladysmith Road, Grimsby - Image 7
Ladysmith Road, Grimsby - Image 8
Ladysmith Road, Grimsby - Image 9
Ladysmith Road, Grimsby - Image 10
Ladysmith Road, Grimsby - Image 11

Ladysmith Road, Grimsby

Yorkshire

£50,000
Listed on 27/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
778 sqft

Description

This spacious two-bedroom family home presents an intriguing opportunity for those looking to invest in a property with significant renovation potential. Situated in a sought-after area of Grimsby on Ladysmith Road, the location offers convenient access to a variety of amenities, making it an attractive option for families and investors alike. While the home requires refurbishment, it features a generous layout that invites personalization. The entry begins with a welcoming porch that leads into a sizable lounge complete with a charming feature fireplace. Adjacent to the lounge is a separate dining room, providing ample space for gatherings. The kitchen offers basic cabinetry along with enough room for appliances, presenting an opportunity for modern updates. Completing the ground floor is a family bathroom that could benefit from modernization. On the first floor, you'll find two well-proportioned double bedrooms, each offering comfortable living space and potential for enhancement. Outside, both front and rear gardens are available; the rear garden is currently overgrown but holds promise as an inviting outdoor area suitable for entertaining or relaxing once revitalized. Given its location within reach of reputable schools and reliable transport links, this property not only offers immediate living space but also stands as a solid investment prospect in an evolving neighborhood.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£64/sq ft
Area Average
£101/sq ft
Avg Rent (weekly)
£136
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£86,607
10% above area average per sq ft
Potential ROI
+15.5%
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

Ladysmith Road, Grimsby
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£183
Based on a loan of £37,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE