Worst House on the Street Logo
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 1
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 2
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 3
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 4
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 5
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 6
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 7
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 8
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 9
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 10
Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU - Image 11

Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU

Yorkshire

£190,000
Listed on 06/01/2026

Property Details

Bedrooms
5
Type
Detached house

Description

This substantial mid-terrace building, listed as grade II, presents a unique investment opportunity with significant renovation potential. Comprising three self-contained flats, each featuring two bedrooms, the property spans three levels and is ideally situated within walking distance of Grimsby town centre and its amenities. While the flats require modernization to meet contemporary living standards, their vacant status allows for immediate refurbishment. Additionally, prospective buyers should note that the sale does not include the freehold, with the freeholder currently absent, demanding thorough due diligence from interested parties.

Investment Analysis

(DN34 area)
Area Average
£166/sq ft
Avg Rent (weekly)
£177
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (DN34)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -4.8%
5 year growth: 18.4%
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

Flat 1, 2 and 3, 6 Pelham Road, Grimsby, Lincolnshire, DN34 4SU
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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