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Bonby Grove, Grimsby, DN33

Yorkshire

£80,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
990 sqft

Description

This end of terrace house in Grimsby presents a significant renovation opportunity for buyers looking to invest in a property with considerable potential. Comprising two reception rooms, a kitchen, and an entrance hall on the ground floor, along with three bedrooms and a family bathroom upstairs, this spacious home is ideally situated close to local amenities and schools. While the property showcases some modern features such as majority uPVC double glazing and solar panels (which are leased), it lacks central heating and requires extensive modernization throughout. Viewings are highly recommended to fully appreciate the scope of work needed to transform this property into a desirable residence.

Investment analysis

(DN33 area)

Below Market Value

This property is priced -58.8% below area average per sq ft

-58.8%
Potential saving
This Property
£81/sq ft
Area Average
£196/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£213,553
10% above area average per sq ft
Potential ROI
+64.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DN33)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -1.2%
5 year growth: +12.4%
Investment Disclaimer: Analysis based on DN33 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

Bonby Grove, Grimsby, DN33
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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
£302
Based on a loan of £60,000 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.

Stamp duty calculator

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