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Saunders Street, Grimsby, DN31

Yorkshire

£65,000

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
614 sqft

Description

This two-bedroom mid-terraced property in the heart of Grimsby offers a blend of well-preserved charm and opportunity for personal enhancement. Ideal for first-time buyers or investors, this home features a spacious living room that flows into a generous dining kitchen, perfect for family gatherings or entertaining. The practicality of a utility room and a well-sized bathroom on the ground floor adds to the convenience of everyday living. Upstairs, two ample double bedrooms await your personal touch. The softly enclosed rear garden provides a manageable outdoor space suitable for relaxation or gardening pursuits. While the interior could benefit from some cosmetic adjustments to fully realize its potential, the property has been lovingly maintained over the years. With proximity to local amenities, schools, and excellent transport links, this home not only offers comfort but also promises significant value addition with the right renovations. The property is leasehold but comes with confirmation from the vendors that freehold will be acquired at completion, and it is free from any onward chain.

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Investment analysis

(DN31 area)

Above Market Value

This property is priced +21.7% above area average per sq ft

+21.7%
This Property
£106/sq ft
Area Average
£87/sq ft
Avg Rent (weekly)
£143
Avg Yield
8.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£58,760
10% above area average per sq ft
Potential ROI
-30.9%
After renovation
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
17%
Properties sold annually

Local Market Trend (DN31)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -5.3%
5 year growth: +10.1%
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

Saunders Street, Grimsby, DN31
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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
£246
Based on a loan of £48,750 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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