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Laceby Road, Grimsby, N.E.Lincolnshire, DN34 - Image 1
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Laceby Road, Grimsby, N.E.Lincolnshire, DN34 - Image 4
Laceby Road, Grimsby, N.E.Lincolnshire, DN34 - Image 5
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Laceby Road, Grimsby, N.E.Lincolnshire, DN34 - Image 7
Laceby Road, Grimsby, N.E.Lincolnshire, DN34 - Image 8
Laceby Road, Grimsby, N.E.Lincolnshire, DN34 - Image 9
Laceby Road, Grimsby, N.E.Lincolnshire, DN34 - Image 10
Laceby Road, Grimsby, N.E.Lincolnshire, DN34 - Image 11

Laceby Road, Grimsby, N.E.Lincolnshire, DN34

Yorkshire

£110,000
Listed on 14/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
772 sqft

Description

This semi-detached home presents an excellent opportunity for renovation and investment, with its spacious layout and desirable location making it an appealing prospect for both owner-occupiers and landlords. The property is offered chain-free, simplifying the buying process. Inside, the home's design spans two floors, providing a practical living environment. The ground level features a sizable open-plan lounge and dining area that is perfect for family gatherings or hosting friends. Natural light floods the space through windows at both the front and back, enhancing the feeling of openness. At the rear of the home, the kitchen grants direct access to the garden; while it has been well-maintained over time, it offers ample potential for modernization to meet contemporary preferences. Upstairs, two generously sized bedrooms await. The main bedroom stretches across the width of the house, allowing for flexibility in furniture arrangement or storage solutions. The second bedroom also offers comfortable space suitable for various uses, from guest accommodations to a home office setup. The family bathroom is functional but could benefit from updates to improve both aesthetics and comfort. Externally, the property showcases classic architectural elements such as a brick façade with white-framed windows and a pitched roof that contribute to its curb appeal. A broad paved driveway allows off-road parking for multiple vehicles and is secured by a low brick wall and gate. The rear garden is bordered by timber fencing and features a combination of lawn and patio areas—currently designed for easy upkeep but ripe for landscaping projects or enhancements that could create an inviting outdoor sanctuary. Located on Laceby Road in a well-regarded residential area on Grimsby’s western edge, this property enjoys convenient access to essential amenities including schools, shopping centers like Freshney Place, and various transport links. Commuters will appreciate its proximity to major routes like the A46 and A180, facilitating travel to nearby locations such as Cleethorpes and Immingham. Families benefit from access to reputable schools within walking distance as well as local parks that provide green spaces for leisure activities. For investors, this property stands out due to its strong rental potential; estimates suggest an annual rental income of around £9,000 when meeting current compliance regulations. Its strategic location coupled with its spacious layout make it attractive to a diverse range of tenants—including working professionals and families—offering significant scope for value enhancement through thoughtful renovations or updates.

Investment Analysis

(DN34 area)

Below Market Value

This property is priced -13.6% below area average per sq ft

-13.6%
Potential saving
This Property
£142/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£163
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£140,118
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DN34)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -4.0%
5 year growth: 14.5%
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.

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Location

Laceby Road, Grimsby, N.E.Lincolnshire, DN34
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