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Hainton Avenue, Grimsby, N.E.Lincolnshire, DN32 - Image 1
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Hainton Avenue, Grimsby, N.E.Lincolnshire, DN32

Yorkshire

£27,000

Listed on 29/05/2026

Property Details

Bedrooms
2
Type
Flat
Area
617 sqft

Description

This two-bedroom ground floor flat presents an excellent canvas for transformation, appealing to first-time buyers, investors, and those looking to downsize. Spanning approximately 617 sq.ft., the property features a practical layout with ample room sizes that allow for creative renovation. The living area welcomes natural light, creating a versatile space perfect for updating according to personal taste. The main bedroom serves as a comfortable double, while the second bedroom can function as a guest room or office. The kitchen offers good dimensions for reconfiguration and modernisation, complementing the flat's potential. An existing bathroom rounds out the interior layout. Externally, the ground-floor position facilitates easy access and presents opportunities to boost curb appeal with minor enhancements. Local amenities and transport links are conveniently close by, ensuring this location remains desirable for various buyers, including those seeking rental investment opportunities.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -55.5% below area average per sq ft

-55.5%
Potential saving
This Property
£44/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
£66,784
10% above area average per sq ft
Potential ROI
+28.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hainton Avenue, Grimsby, N.E.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
£102
Based on a loan of £20,250 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.

Stamp Duty Calculator

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