229 Hainton Avenue, Grimsby, DN32 9LD - Image 1

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229 Hainton Avenue, Grimsby, DN32 9LD

Yorkshire

£40,000Guide Price

Listed on 13/07/2026

Property details

Bedrooms

Type

Terraced

Description

This four-bedroom terraced house presents a significant opportunity for renovation and investment. While it requires modernisation, its structure offers a solid foundation for enhancing both value and living space. The property comes with a private garden, providing potential for outdoor improvements. Conveniently situated in Grimsby, it boasts excellent access to local amenities, transport links, and green spaces, making it attractive for families and investors alike. Currently tenanted with an annual rental income of £7,800, this property not only promises a chance to create your ideal home but also serves as a viable investment option in an active rental market.

Investment analysis

(DN32 area)

Area Average

£102/sq ft

Avg Rent (weekly)

£149

Avg Yield

6.8%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£30,000 - £50,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

10%

Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -6.6% over the last 12 months

3 year growth: -4.6%

5 year growth: -8.6%

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

229 Hainton Avenue, Grimsby, DN32 9LD

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£151

Based on a loan of £30,000 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.