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Highfield Avenue, Grimsby

Yorkshire

£40,000
Listed on 12/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom property on Highfield Avenue in Grimsby presents a promising opportunity for those looking to invest in a renovation project. Offered with no onward chain, the house is situated in a desirable residential area that benefits from nearby schools, shops, and transport links. The layout includes a front lounge, a separate dining room, and a kitchen that leads to a rear bathroom, all of which will require modernisation but provide ample space for reconfiguration. The upper level houses three generously sized bedrooms, each needing updates but offering a solid base for transformation. Outside, the property features a sizeable rear garden that could be landscaped or extended upon obtaining the relevant permissions. With its traditional street setting and availability of on-street parking, this property represents an excellent blank canvas ideal for buyers seeking to enhance its value through refurbishment.

Investment Analysis

(DN32 area)
Area Average
£99/sq ft
Avg Rent (weekly)
£144
Avg Yield
6.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £40,000
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
40%
Properties sold annually

Local Market Trend (DN32)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -3.1%
5 year growth: 7.6%
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

Highfield Avenue, Grimsby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£144
Based on a loan of £30,000 over 30 years at 4.06% 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