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Frederick Street, Grimsby, Lincolnshire, DN31 - Image 1
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Frederick Street, Grimsby, Lincolnshire, DN31

Yorkshire

£36,500
Listed on 30/01/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This end-of-terrace house presents a significant opportunity for refurbishment and modernization, ideal for those looking to invest in a property with potential. Located conveniently near Grimsby Town centre, the accommodation offers spacious living areas, including two reception rooms and a kitchen equipped with existing units. The upper floor features three bedrooms and a bathroom that will benefit from updating. With gas central heating and double-glazed windows already in place, the groundwork is laid for a project that will yield strong returns. This residence is perfect for families or as a rental investment. The forecourt garden and rear garden provide additional outdoor space which can be enhanced further. Investors and developers are encouraged to consider the possibilities this property holds.

Investment Analysis

(DN31 area)
Area Average
£88/sq ft
Avg Rent (weekly)
£138
Avg Yield
8.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DN31)

Area prices are falling by -11.1% over the last 12 months
3 year growth: -12.1%
5 year growth: +13.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£129
Based on a loan of £27,375 over 30 years at 3.91% 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.

Price History

-18.9% since listed
£36,500£8,500(-18.9%)
02/04/2026
Current price
£45,000Initial listing
30/01/2026

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