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168 Stanley Street, Grimsby DN32 7LJ - Image 1
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168 Stanley Street, Grimsby DN32 7LJ

Yorkshire

£15,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This property presents a promising opportunity for investors and developers looking to capitalize on the thriving rental market in Grimsby. Situated on the well-connected Stanley Street, it offers convenient access to local amenities and transport links, including the nearby M180 motorway, facilitating easy travel to Cleethorpes and Hull. The house is in need of significant refurbishment, making it an ideal candidate for those wishing to enhance its value through renovation. With potential for conversion into a House in Multiple Occupation (HMO) subject to planning permissions, this property could yield an attractive annual rental income. Internal viewings are highly encouraged to fully appreciate the size and potential of the accommodation available across both floors, which includes three bedrooms and multiple living spaces. This is an excellent chance to invest in a property with substantial upside in a region marked by high rental demand.

Investment Analysis

(DN32 area)
Area Average
£98/sq ft
Avg Rent (weekly)
£144
Avg Yield
6.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -6.6% over the last 12 months
3 year growth: -7.5%
5 year growth: -4.0%
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

168 Stanley Street, Grimsby DN32 7LJ
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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
£54
Based on a loan of £11,250 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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