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Columbia Road, Grimsby

Yorkshire

£70,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
931 sqft

Description

This two-bedroom end terrace property presents a promising opportunity for investors or those looking to create their ideal home in close proximity to Grimsby town centre. With excellent transportation links to the Humber Bank, this property features an entrance porch leading into two reception rooms that offer versatile living space. The kitchen/diner is equipped with essential fittings but would benefit from modern updates. A utility/cloakroom enhances functionality on the ground floor. Upstairs, you'll find two double bedrooms and a family bathroom, all of which could be transformed into inviting spaces with some renovation work. The property includes gas central heating and partial double glazing, while both front and rear gardens are designed for low maintenance. Offered with no forward chain, this home is ready for your personal touch or strategic investment.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -25.7% below area average per sq ft

-25.7%
Potential saving
This Property
£75/sq ft
Area Average
£101/sq ft
Avg Rent (weekly)
£136
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£103,639
10% above area average per sq ft
Potential ROI
-1.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DN32)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -5.1%
5 year growth: 5.6%
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

Columbia Road, Grimsby
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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
£256
Based on a loan of £52,500 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