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14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 1
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 2
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 3
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 4
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 5
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 6
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 7
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 8
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 9
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 10
14 Patrick Street, Grimsby, South Humberside, DN32 0JQ - Image 11

14 Patrick Street, Grimsby, South Humberside, DN32 0JQ

Yorkshire

£45,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1012 sqft

Description

This three-bedroom terrace house presents a significant opportunity for renovation and investment in the desirable town of Grimsby. The property is in need of modernization throughout, allowing a new owner to tailor the space to their specific vision. It currently features double glazing and gas central heating, along with a newly installed roof, ensuring essential structural integrity while offering a blank canvas for updates. Situated in an area well-served by local amenities, residents will find various shops, supermarkets, restaurants, and pubs just a short distance away. The property benefits from excellent transport links, including proximity to Grimsby Town Railway Station and convenient access to multiple bus routes and the A180, facilitating easy commuting and travel. The potential for this property extends beyond immediate livability; it is well-suited for investors looking to enhance value through renovations or even as a rental opportunity in a thriving community. With on-street parking available, the home also ensures practicality amid growing interest in the local housing market. For those considering purchasing at auction, all necessary legal documentation can be accessed via the auctioneer’s website. Pre-auction offers may be entertained, providing further flexibility for interested buyers. This property stands out as an inviting project for those keen to invest in Grimsby's vibrant real estate landscape.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -56.2% below area average per sq ft

-56.2%
Potential saving
This Property
£44/sq ft
Area Average
£101/sq ft
Avg Rent (weekly)
£143
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£112,934
10% above area average per sq ft
Potential ROI
+32.9%
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
33%
Properties sold annually

Local Market Trend (DN32)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -5.4%
5 year growth: 5.5%
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

14 Patrick Street, Grimsby, South Humberside, DN32 0JQ
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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
£165
Based on a loan of £33,750 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