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Ellesmere Rise, Grimsby, DN34

Yorkshire

£185,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1126 sqft

Description

This spacious bungalow situated on a quiet cul-de-sac presents an excellent chance for buyers interested in a serene living environment and ample space. The property is chain-free, allowing for immediate progression into the next ownership phase. On approach, the home features a neat lawn with a timber fence boundary and a paved driveway for off-road parking, while its traditional brick exterior and leaded windows add character. The rear of the property includes various outbuildings, including a garage and two storage rooms, which provide valuable storage solutions and could be transformed into functional workspaces or hobby areas. Inside, the layout is both practical and adaptable. The ground floor comprises a large lounge with central focal point, a kitchen leading to a bright sun room, along with two well-sized bedrooms sharing a family bathroom. The upper level boasts an expansive loft room paired with a separate W/C, adding to the overall living space and offering potential for additional usage. Although this home has been maintained with care over the years, it stands ready for cosmetic updates that would allow new owners to infuse their personal style into the interiors. Located in the Yarborough area of Grimsby, this property benefits from excellent local amenities such as shops, schools, and healthcare services. Transport is convenient with local bus routes and easy access to major roads like the A180 for hassle-free commuting. Moreover, proximity to parks makes it appealing for both families and retirees alike. The vendors are preparing a legal pack that includes essential documentation aimed at streamlining the buying process.

Investment Analysis

(DN34 area)

Below Market Value

This property is priced -0.5% below area average per sq ft

-0.5%
Potential saving
This Property
£164/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£164
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£204,555
10% above area average per sq ft
Potential ROI
-2.6%
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

Ellesmere Rise, Grimsby, 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
£678
Based on a loan of £138,750 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