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Chantry Lane, Grimsby, Lincolnshire, DN31 - Image 1
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Chantry Lane, Grimsby, Lincolnshire, DN31 - Image 3
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Chantry Lane, Grimsby, Lincolnshire, DN31 - Image 5
Chantry Lane, Grimsby, Lincolnshire, DN31 - Image 6
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Chantry Lane, Grimsby, Lincolnshire, DN31 - Image 8
Chantry Lane, Grimsby, Lincolnshire, DN31 - Image 9

Chantry Lane, Grimsby, Lincolnshire, DN31

Yorkshire

£15,000Guide Price

Listed on 06/07/2026

Property details

Bedrooms
1
Type
Apartment

Description

This one-bedroom ground floor flat presents an intriguing investment opportunity or a chance for first-time buyers to enter the property market. Located conveniently near Grimsby town centre, residents will benefit from close proximity to local shops and transport links. The layout includes an entrance hall that leads to a spacious living room with a gas fire, a kitchen equipped with essential appliances, and a bedroom that offers access to outdoor space via double glazed doors. While the property is currently in need of some modernisation, it offers substantial potential for enhancement, enabling buyers to create their ideal home or rental space. Notably, it comes with an allocated parking space and extensive double glazing throughout. An initial bid opens at £15,000, making it accessible for those looking to invest without substantial upfront costs.

Investment analysis

(DN31 area)
Area Average
£87/sq ft
Avg Rent (weekly)
£143
Avg Yield
8.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
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
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

Chantry Lane, Grimsby, Lincolnshire, 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
£57
Based on a loan of £11,250 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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