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Welholme Road, Grimsby

Yorkshire

£60,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1024 sqft

Description

This spacious three-bedroom mid-terrace property is situated in a well-regarded area of Grimsby, positioned conveniently on Welholme Road. The home presents an excellent opportunity for renovation enthusiasts or investors looking to add value. With a generous layout, it features an inviting entrance hallway, a bright lounge/dining room with potential for modern finishes, and a kitchen that provides ample space for appliances along with some existing base units. The family bathroom is located on the ground floor, while the first floor boasts three sizable bedrooms and an additional shower room, all offering substantial room for furnishings and personalization. Externally, the property includes both front and rear gardens; the rear is predominantly laid to lawn coupled with a small paved area ideal for outdoor gatherings. This property has not been tested for services or appliances, presenting a blank canvas for those looking to make it their own.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -41.2% below area average per sq ft

-41.2%
Potential saving
This Property
£59/sq ft
Area Average
£100/sq ft
Avg Rent (weekly)
£139
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£112,302
10% above area average per sq ft
Potential ROI
+32.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -7.0%
5 year growth: -0.3%
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

Welholme Road, Grimsby
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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
£213
Based on a loan of £45,000 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.

Stamp Duty Calculator

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