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Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 1
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Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 3
Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 4
Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 5
Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 6
Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 7
Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 8
Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 9
Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 10
Peterhouse Road, Grimsby, Lincolnshire, DN34 - Image 11

Peterhouse Road, Grimsby, Lincolnshire, DN34

Yorkshire

£125,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
936 sqft

Description

This three-bedroom semi-detached home in Grimsby presents an exciting opportunity for investors or those looking to create their ideal family residence. The property is being sold without any onward chain, making it a straightforward purchase for eager renovators. The interior layout comprises two generously sized reception rooms, ideal for both socializing and relaxing, alongside a kitchen that offers good dimensions and significant potential for customization. Upstairs, you'll find three well-proportioned bedrooms and a family bathroom, all providing a flexible space suitable for family life. The exterior boasts a sizable rear garden, perfect for children's play or outdoor entertainment. Additionally, there is a single garage and off-road parking available, enhancing the convenience for residents and visitors alike. Located in a desirable area with essential amenities just minutes away—including shops and schools—this home is especially appealing to families and first-time buyers looking to make their mark. Post-renovation, this property could achieve an estimated rental income of £725 per month, offering an attractive yield of around 7%. With an EPC rating of D and placed in Council Tax Band B, it remains cost-effective in terms of ongoing expenses. In summary, this property has substantial renovation potential in a sought-after location; viewings are encouraged to fully appreciate what it can offer.

Investment Analysis

(DN34 area)

Below Market Value

This property is priced -19.1% below area average per sq ft

-19.1%
Potential saving
This Property
£134/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£164
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£170,038
10% above area average per sq ft
Potential ROI
+3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN34)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -3.7%
5 year growth: 18.7%
Investment Disclaimer: Analysis based on DN34 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

Peterhouse Road, Grimsby, Lincolnshire, DN34
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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
£458
Based on a loan of £93,750 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