Columbia Road, Grimsby
Yorkshire
£50,000Guide Price
Listed on 05/11/2026
Listed on 05/11/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
773 sqftFeatures
- Garden
Description
Offered at auction through the Modern Method of Auction, this two-bedroom mid-terrace house is being sold with no onward chain. The accommodation is described as approximately 773 sq ft and includes an entrance porch, hallway, bay-fronted living room, separate sitting or dining room, fitted kitchen and a ground-floor bathroom. Upstairs are two bedrooms. The property has gas central heating and double glazing, and the listing describes it as requiring internal modernisation, offering scope for a buyer to update the existing layout and finishes.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
55out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £50,000, this two-bedroom terrace is a notably low-cost entry point: its asking price works out at £65 per sq ft, well below the local average of £102. The dated interiors, damaged wall surfaces in places and overgrown rear garden give a buyer clear scope for a medium-scale refresh, while the visible frontage and roof show no obvious major failure in the available photos.
The overall score is still weak because the purchase price plus the work needed looks tight against local benchmarks. It may suit a project buyer who can manage the improvements carefully, but the low entry price alone does not guarantee comfortable economics.
Key opportunities
- Acquire at a price well below the local average per square foot.
- Refresh the dated interiors, including the fitted kitchen and bathroom, and address damaged wall surfaces.
- Clear and improve the enclosed rear garden, which currently has overgrown planting, scattered items and worn paving.
Key risks
None recorded.
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Transport
Nearest stations
New Clee Rail Station
0.9 miles
Train · East Marsh
Grimsby Town Rail Station
0.9 miles
Train · Grimsby
Grimsby Docks Rail Station
1.0 miles
Train · East Marsh
Cleethorpes Rail Station
1.4 miles
Train · Cleethorpes
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£204
Based on a loan of £37,500 over 30 years at 5.13% 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.
Tax
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