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Elm Avenue, Grimsby

Yorkshire

£80,000Guide Price

Listed on 12/04/2026

Property details

Bedrooms
3
Type
Terraced
Area
1087 sqft

Description

This mid-terrace house offers a promising opportunity for those looking to invest in a property with significant potential for refurbishment. Located in a quiet residential cul-de-sac, this three-bedroom home is being offered for sale by Modern Method of Auction, granting buyers the chance to secure the property within a 56-day reservation period. With no forward chain, the process can be streamlined for a new owner eager to take on a renovation project. Featuring an entrance hall, an open-plan lounge and dining area, along with a conservatory extension, this home is ready for modernisation. The three spacious double bedrooms and bathroom upstairs provide ample living space, and there’s plenty of room to add value through cosmetic improvements or even structural changes if desired. The south-facing garden presents an inviting space for outdoor relaxation or entertainment once restored, while off-road parking enhances practicality. This home has unique character traits that can be highlighted through thoughtful renovations. Ideal for first-time buyers or seasoned investors, this property holds great potential to become a stunning residence. Schedule your viewing today and envision how you can make it your own.

Investment analysis

(DN34 area)

Below Market Value

This property is priced -55.3% below area average per sq ft

-55.3%
Potential saving
This Property
£74/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£167
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£196,812
10% above area average per sq ft
Potential ROI
+51.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (DN34)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -3.0%
5 year growth: +13.2%
Investment Disclaimer: Analysis based on DN34 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

Elm Avenue, Grimsby
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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
£302
Based on a loan of £60,000 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.

Stamp duty calculator

Price History

-30.4% since listed
£80,000£35,000(-30.4%)
24/06/2026
Current price
£115,000Initial listing
11/04/2026

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