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Columbia Road, Grimsby

Yorkshire

£70,000

Listed on 20/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
931 sqft

Description

This two-bedroom end terrace property, conveniently located near the heart of Grimsby, presents an excellent opportunity for investors or those looking to undertake a renovation project. The home features a practical layout including an entrance porch, two reception rooms, a kitchen diner with utility room, and a family bathroom on the first floor. While it benefits from gas central heating and partial double glazing, it is in need of general modernisation throughout. This is an ideal canvas for those wishing to enhance or reconfigure the existing spaces to suit contemporary living standards. Outside, there are manageable front and rear gardens that could be further developed or landscaped to increase appeal. With no forward chain attached to the sale, this property is poised for swift acquisition and transformation.

Investment analysis

(DN32 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£75/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
£104,509
10% above area average per sq ft
Potential ROI
+10.0%
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

Columbia Road, Grimsby
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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
£264
Based on a loan of £52,500 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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