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Heneage Road, Grimsby, Lincolnshire, DN32 - Image 1
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Heneage Road, Grimsby, Lincolnshire, DN32

Yorkshire

£68,995

Listed on 14/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
734 sqft

Description

This two-bedroom terraced property offers a promising opportunity for buyers looking to invest or take on a renovation project. With no onward chain, it is ready for immediate acquisition. The interior requires internal modernization, allowing potential homeowners or rental investors to tailor the space according to their preferences. The ground floor features a welcoming entrance hallway that leads into a spacious living room and an adjacent dining room, creating flexible areas for entertaining or relaxing. At the rear, the kitchen is equipped with essential units and access to a second hallway that connects to the ground floor bathroom. Upstairs, both bedrooms are generously sized, providing a blank canvas for enhancement and personalization. Outside, the property boasts both front and rear gardens, with the rear garden offering partial concrete and pebbled surfaces along with a decking area—a perfect spot for outdoor activities. Additionally, there is a single garage located at the back of the property, providing valuable storage or off-road parking options. Set in proximity to local amenities, schools, and transport links, this property has substantial potential for those willing to invest their time into its transformation.

Investment analysis

(DN32 area)

Below Market Value

This property is priced -7.9% below area average per sq ft

-7.9%
Potential saving
This Property
£94/sq ft
Area Average
£102/sq ft
Avg Rent (weekly)
£149
Avg Yield
6.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£82,395
10% above area average per sq ft
Potential ROI
-12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
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

Heneage Road, Grimsby, 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
£261
Based on a loan of £51,746 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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