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Frederick Street, Grimsby, Lincolnshire, DN31 - Image 11

Frederick Street, Grimsby, Lincolnshire, DN31

Yorkshire

£45,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This end-of-terrace house presents a promising opportunity for renovation and investment, situated conveniently near the amenities of Grimsby Town centre. Although it currently requires a full refurbishment and redecoration, the property boasts a gas central heating system and uPVC double-glazed windows, laying a solid foundation for future enhancements. The spacious layout includes two reception rooms, a kitchen equipped with grey units, three bedrooms (including a versatile box bedroom), and a bathroom. With good potential to modernize or reconfigure the space to maximize its appeal, this property is ideal for families looking to invest in a community-focused area. Don’t miss out on this chance to transform it into a desirable home or rental unit.

Investment Analysis

(DN31 area)
Area Average
£90/sq ft
Avg Rent (weekly)
£137
Avg Yield
9.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (DN31)

Area prices are falling by -12.9% over the last 12 months
3 year growth: -15.1%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on DN31 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

Frederick Street, Grimsby, Lincolnshire, DN31
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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
£162
Based on a loan of £33,750 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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