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Clavering Street, Grimsby, Lincolnshire - Image 1
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Clavering Street, Grimsby, Lincolnshire

Yorkshire

£60,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
918 sqft

Description

This mid-terrace house, available without a chain, consists of three bedrooms, two reception rooms, a kitchen, and a ground floor bathroom. The property requires a comprehensive update throughout, presenting an excellent opportunity for those looking to invest and significantly enhance its value. Located conveniently near local amenities, schools, and transport links, it also offers close access to Cleethorpes seafront for recreational activities. With its practical layout spread over two floors, the house features distinct living areas ideal for family life or rental potential. The ground floor comprises a front dining room flowing into a separate lounge—perfect for everyday usage or entertaining guests. The rear kitchen is spacious with possibilities for reconfiguration or extension (pending necessary consents) and connects to the bathroom. On the first floor, three bedrooms provide flexibility for family use or can be adapted as home offices or guest rooms. Nestled in a well-established residential neighbourhood in Grimsby, this property allows buyers to tap into the local market's demand due to its proximity to shops and services. Outdoor enthusiasts will appreciate the nearby parks and easily accessible Cleethorpes seafront with beaches and leisure facilities. This property is suitable not only for homebuyers but also as an investment opportunity due to the surrounding amenities and community facilities for long-term occupation.

Investment Analysis

(DN31 area)

Below Market Value

This property is priced -27.7% below area average per sq ft

-27.7%
Potential saving
This Property
£65/sq ft
Area Average
£90/sq ft
Avg Rent (weekly)
£137
Avg Yield
9.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£91,235
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
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

Clavering Street, Grimsby, Lincolnshire
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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
£216
Based on a loan of £45,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE