Gilbey Road, Grimsby, DN31
Yorkshire
£35,000Guide Price
Listed on 26/08/2026
Listed on 26/08/2026
The listing
Property details
Bedrooms
3Type
TerracedFeatures
- Garden
Description
Offered at auction, this chain-free three-bedroom mid-terraced house in Grimsby has a two-storey layout with an entrance hall, separate living and dining rooms, and a rear kitchen on the ground floor. Upstairs are three bedrooms and a family bathroom. The separate reception rooms offer distinct living and dining areas, while the third bedroom could also serve as a study or home office.
There are low-maintenance gardens to the front and rear. The rear garden is mainly concrete, enclosed by brick walls and timber fencing, and could be adapted during refurbishment. The property is presented as a renovation project, with scope for a buyer to modernise the accommodation. The EPC rating is D.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
46out of 100
Grade ELow opportunity
Confidence: LOW
This three-bedroom terrace has a useful separate living and dining layout, plus front and rear gardens, giving a buyer a clear canvas to reshape and modernise. The photos show poor finishes across several rooms, including worn floors, damaged surfaces and dark staining; the cause is not established, and the discoloured lower rear wall merits inspection. The rear garden also needs clearing and basic attention.
At 46/100, this is a low-opportunity score overall, with the condition and works weighing on the result. The £35,000 starting bid is not enough to judge value against local £/sqf because the floor area is missing. The stated £45,000–£80,000 renovation range signals a substantial project, while the separate reception rooms and three-bedroom arrangement offer scope to create a refreshed home.
Key opportunities
- Use the separate living and dining rooms to create distinct everyday and entertaining spaces.
- Rework the three-bedroom layout as part of a whole-house modernisation, with flexibility for a home office or other use.
- Clear and improve the enclosed rear garden, turning its hard-surfaced space into a more usable outdoor area.
Key risks
- Poor finishes, worn floors and staining across several rooms, together with £45,000–£80,000 of works, make this a full-gut-scale budget and programme rather than a cosmetic refresh.
- The cause of the dark staining is not established, and the discoloured lower rear wall should be inspected.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£132
Based on a loan of £26,250 over 30 years at 4.45% interest
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