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Gloucester Avenue, Grimsby

Yorkshire

£150,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
914 sqft

Description

This three-bedroom semi-detached property is situated in a well-regarded residential neighborhood, close to local amenities and conveniently located for both Cleethorpes and Grimsby town centres. While the property currently requires modernisation, it presents an excellent opportunity for investors or buyers looking to create their ideal home. The layout includes an entrance porch leading into a hallway, a lounge, a dining area, and a kitchen on the ground floor. Upstairs, you will find three bedrooms and a bathroom. The corner plot offers generous outdoor space with off-road parking and a detached garage, complemented by a substantial rear garden that features mature landscaping and a paved patio area. This property is being offered with no forward chain, making it an appealing investment opportunity for those looking to refurbish and enhance its value.

Investment Analysis

(DN34 area)

Below Market Value

This property is priced -1.6% below area average per sq ft

-1.6%
Potential saving
This Property
£164/sq ft
Area Average
£167/sq ft
Avg Rent (weekly)
£181
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£167,701
10% above area average per sq ft
Potential ROI
-4.2%
After renovation
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
50%
Properties sold annually

Local Market Trend (DN34)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -2.7%
5 year growth: +19.5%
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

Gloucester 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
£541
Based on a loan of £112,500 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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