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Ainslie Street, Grimsby

Yorkshire

£70,000

Listed on 31/05/2026

Property Details

Bedrooms
3
Type
House
Area
1378 sqft

Description

This substantial three-bedroom semi-detached home presents a notable renovation opportunity, particularly attractive to investors and cash buyers seeking a project. The property features three generous reception rooms, providing ample space for reconfiguration or modernisation. With off-road parking available for two vehicles and an additional secure side parking area, this property offers practical amenities not commonly found in similar listings. Located conveniently near Grimsby Town Centre and People's Park, it holds potential for both buy-to-let or HMO conversion (subject to necessary permissions). Significant refurbishment is required throughout the interior to unlock its full value, including addressing identified signs of subsidence affecting the rear extension, hence its suitability for cash buyers only. Viewing is recommended to fully appreciate the size and development potential of this property, as well as its proximity to local amenities, schools, and transport links.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -48.4% below area average per sq ft

-48.4%
Potential saving
This Property
£51/sq ft
Area Average
£98/sq ft
Avg Rent (weekly)
£143
Avg Yield
6.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£149,155
10% above area average per sq ft
Potential ROI
+14.7%
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

Ainslie Street, 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
£264
Based on a loan of £52,500 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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