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Torrington Street, Grimsby, DN32

Yorkshire

£79,950
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1237 sqft

Description

This three-bedroom terraced house in the heart of Grimsby presents an appealing opportunity for investors or those looking to create their dream home. The property is in need of comprehensive refurbishment, allowing for customization to suit personal tastes and requirements. A new kitchen has already been purchased and is included in the sale, though it remains boxed and uninstalled, reflecting the property's project potential. Inside, residents will find a spacious through reception room along with a separate kitchen area. The first floor comprises three generously sized double bedrooms and a bathroom, making it conducive to family living or rental arrangements. The house is equipped with uPVC double glazing and gas central heating, which adds value despite the need for overall updates. Outdoors, the property offers a substantial rear garden along with a garage accessible via a rear access road, providing additional storage solutions or potential for further development. Located close to Grimsby town centre means that shops, supermarkets, cafes, and other local amenities are easily reachable. Nearby schools are also convenient for families, while transport links including Grimsby Town railway station offer direct services to Cleethorpes and Lincoln. This property is offered with no chain, simplifying the acquisition process for buyers looking to invest or undertake a renovation project.

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
£65/sq ft
Area Average
£100/sq ft
Avg Rent (weekly)
£139
Avg Yield
6.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£135,662
10% above area average per sq ft
Potential ROI
+13.1%
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

Torrington Street, Grimsby, DN32
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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
£283
Based on a loan of £59,962 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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