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Hainton Avenue, Grimsby, Lincolnshire, DN32 - Image 1
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Hainton Avenue, Grimsby, Lincolnshire, DN32

Yorkshire

£125,000

Listed on 18/07/2026

Property details

Bedrooms
N/A
Type
End Of Terrace

Features

  • Garden

Description

This property presents a compelling mixed-use investment opportunity in a prominent corner location on Hainton Avenue, Grimsby. It includes a ground floor retail unit currently leased to Rollinsons Foot Health Practice and offers an annual rental income of £4,800. Above this commercial space lies residential accommodation with planning permission to convert from one flat into two, paving the way for increased income potential through further development. The first-floor area is accessed separately and features a spacious living room, two bedrooms, and an unfinished kitchen and W.C., indicating renovation needs that can be capitalized on for additional residential units. Additionally, there's a detached light industrial unit at the rear that generates another £4,000 annually, creating diverse revenue streams. Investors can explore numerous avenues for enhancing value through thoughtful improvements and maximizing occupancy across these various spaces.

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Location

Hainton Avenue, 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
£472
Based on a loan of £93,750 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.

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