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4 Dunmow Street, Grimsby, Lincolnshire DN31 2RB - Image 1
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4 Dunmow Street, Grimsby, Lincolnshire DN31 2RB

Yorkshire

£20,000
Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This mid-terrace house presents a promising opportunity for investors and developers alike, situated in the well-connected area of Dunmow Street, Grimsby. With close proximity to the town centre and convenient access to coastal attractions, this property is positioned within a region of strong rental demand. The potential for value addition is considerable, particularly with the option to convert the property into a House in Multiple Occupation (HMO), pending necessary permissions. Projections suggest that such an investment could yield around £20,000 annually. The interior layout includes three bedrooms and a family bathroom on the upper floor, complemented by a lounge-dining area and kitchen on the ground floor. A viewing is essential to fully grasp the space and its potential for refurbishment.

Investment Analysis

(DN31 area)
Area Average
£87/sq ft
Avg Rent (weekly)
£134
Avg Yield
8.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
19%
Properties sold annually

Local Market Trend (DN31)

Area prices are falling by -10.8% over the last 12 months
3 year growth: -12.5%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on DN31 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

4 Dunmow Street, Grimsby, Lincolnshire DN31 2RB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£71
Based on a loan of £15,000 over 30 years at 3.97% 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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