This three-bedroom terraced home presents a compelling opportunity for those looking to engage in a refurbishment project or investment venture. Currently in need of comprehensive renovation, the property offers the potential to reimagine its layout and aesthetics according to personal or market preferences.
On the ground floor, two distinct reception rooms provide versatile options for living and dining spaces, complemented by a kitchen situated at the rear. The first floor features three bedrooms and a bathroom, offering a practical configuration ideal for families or future tenants. Given its condition, this property is an excellent candidate for significant enhancement, which when completed could yield a rental income around £595 per month, suggesting an attractive gross yield of approximately 8.4%, contingent upon market conditions and quality of work executed.
The house benefits from being chain-free, making it appealing for buyers seeking a quicker move-in timeline. Located conveniently within Grimsby, residents have access to local amenities including shops and services. Grimsby town centre boasts various retail and leisure facilities, with additional attractions available in nearby Cleethorpes including its scenic seafront.
Public transport links are robust, with Grimsby Town railway station providing connections to locations such as Cleethorpes, Lincoln, and Manchester—perfect for commuting or exploring the region. Additionally, major roadways like the A180 facilitate easy travel in and out of the area. This property embodies an exciting opportunity to transform an older home into a modern residence tailored to today's standards.
