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Wellington Street, Grimsby, Lincolnshire, DN32 - Image 1
Wellington Street, Grimsby, Lincolnshire, DN32 - Image 2
Wellington Street, Grimsby, Lincolnshire, DN32 - Image 3
Wellington Street, Grimsby, Lincolnshire, DN32 - Image 4
Wellington Street, Grimsby, Lincolnshire, DN32 - Image 5
Wellington Street, Grimsby, Lincolnshire, DN32 - Image 6
Wellington Street, Grimsby, Lincolnshire, DN32 - Image 7
Wellington Street, Grimsby, Lincolnshire, DN32 - Image 8
Wellington Street, Grimsby, Lincolnshire, DN32 - Image 9
Wellington Street, Grimsby, Lincolnshire, DN32 - Image 10

Wellington Street, Grimsby, Lincolnshire, DN32

Yorkshire

£75,000

Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1176 sqft

Description

This three-bedroom mid-terrace home in Grimsby presents an opportunity for renovation enthusiasts and investors. Located in a family-friendly area close to essential amenities and public transport links, this property is well-suited for first-time buyers seeking to make their mark. The accommodation offers a robust layout with potential for modernisation, featuring an Entrance Hallway, Lounge, Family Room/Second Reception Room, Kitchen/Diner, and WC on the ground floor. Upstairs hosts three Bedrooms and a Family Bathroom. While some updating is necessary, the property provides a solid base for creating a comfortable family environment or enhancing its investment appeal. With on-street parking available at the front and convenient access to local services, this property is a promising prospect for those looking to enter the housing market or expand their rental portfolio.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -35.2% below area average per sq ft

-35.2%
Potential saving
This Property
£64/sq ft
Area Average
£98/sq ft
Avg Rent (weekly)
£143
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£127,290
10% above area average per sq ft
Potential ROI
+27.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -5.0%
5 year growth: -5.9%
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

Wellington Street, Grimsby, Lincolnshire, DN32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£283
Based on a loan of £56,250 over 30 years at 4.45% 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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