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Nicholson Road, Healing, Grimsby, Lincolnshire, DN41 - Image 1
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Nicholson Road, Healing, Grimsby, Lincolnshire, DN41 - Image 10
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Nicholson Road, Healing, Grimsby, Lincolnshire, DN41

Yorkshire

£250,000
Listed on 08/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1951 sqft

Description

Situated in the charming village of Healing, this spacious four-bedroom detached bungalow offers significant renovation and investment potential for discerning buyers. The property is set within a well-established residential area, making it an ideal opportunity for those looking to create a personalized living space or invest in a rental property. With a generous layout that includes an entrance hallway, ample lounge, dining room, kitchen, bathroom, and four bedrooms — along with the added benefit of a loft room — this home provides a versatile blank canvas that is ready for modernisation. Off-road parking for multiple vehicles further enhances its appeal. Nestled in a community-oriented area with good access to local amenities and transport links, this bungalow represents an exciting chance to enhance value in a sought-after location. A viewing is recommended to fully appreciate its potential.

Investment Analysis

(DN41 area)

Below Market Value

This property is priced -40.8% below area average per sq ft

-40.8%
Potential saving
This Property
£128/sq ft
Area Average
£217/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£464,845
10% above area average per sq ft
Potential ROI
+60.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DN41)

Area prices are falling by +13.9% over the last 12 months
3 year growth: 0.9%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on DN41 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

Nicholson Road, Healing, Grimsby, Lincolnshire, DN41
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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
£916
Based on a loan of £187,500 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.

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