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Wellowgate, Grimsby, Lincolnshire, DN32 - Image 1
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Wellowgate, Grimsby, Lincolnshire, DN32 - Image 3
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Wellowgate, Grimsby, Lincolnshire, DN32 - Image 11

Wellowgate, Grimsby, Lincolnshire, DN32

Yorkshire

£110,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house offers a substantial opportunity for those looking to invest or create a personalized living space. Located conveniently near Grimsby Town Centre and with no onward chain, it serves as an ideal project for buyers aiming to modernize or reconfigure the layout to suit contemporary standards. The property requires significant updating throughout, making it a blank canvas full of potential for either a family home or conversion into a House in Multiple Occupation (HMO), pending necessary permissions. Internally, the house features two spacious reception rooms that can be reimagined to enhance flow and functionality. The kitchen currently holds traditional fittings but is ripe for refurbishment. Upstairs, the three reasonably sized bedrooms and family bathroom provide ample opportunity for enhancement. Outdoor space includes a rear garden that can be transformed into an inviting area for relaxation or entertainment, as well as a garage for off-road parking—an asset in this location. Positioned within reach of local amenities and great transport links, this property is laden with potential for both immediate comforts and long-term value growth. An early viewing is strongly advised to fully appreciate the possibilities available.

Investment Analysis

(DN32 area)
Area Average
£99/sq ft
Avg Rent (weekly)
£144
Avg Yield
6.6%

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
36
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (DN32)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -3.1%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on DN32 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

Wellowgate, Grimsby, Lincolnshire, DN32
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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
£397
Based on a loan of £82,500 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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