Worst House on the Street Logo
Elsenham Road, Grimsby DN31 - Image 1
Elsenham Road, Grimsby DN31 - Image 2
Elsenham Road, Grimsby DN31 - Image 3

Elsenham Road, Grimsby DN31

Yorkshire

£50,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
1063 sqft

Description

This traditional three-bedroom family home in a sought-after Grimsby area is presented with no onward chain, making it an appealing prospect for first-time buyers or investors. Though the property requires minor renovations, it offers substantial potential for enhancement. The spacious layout features a bright lounge/dining area with stairs leading to the upper floor, a kitchen equipped to accommodate appliances, and a convenient downstairs bathroom. On the first floor, you will find three well-proportioned double bedrooms, providing ample space for family living or rental opportunities. The manageable rear garden is predominantly grassed, ideal for enjoying sunny days or hosting gatherings. With gas central heating and double glazing already installed, this property is primed for updates that can significantly increase its value.

Investment Analysis

(DN31 area)

Below Market Value

This property is priced -46.8% below area average per sq ft

-46.8%
Potential saving
This Property
£47/sq ft
Area Average
£88/sq ft
Avg Rent (weekly)
£138
Avg Yield
8.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£103,425
10% above area average per sq ft
Potential ROI
+72.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DN31)

Area prices are falling by -11.1% over the last 12 months
3 year growth: -12.1%
5 year growth: +13.0%
Investment Disclaimer: Analysis based on DN31 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

Elsenham Road, Grimsby DN31
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£177
Based on a loan of £37,500 over 30 years at 3.91% 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.

Price History

-9.1% since listed
£50,000£5,000(-9.1%)
01/04/2026
Current price
£55,000Initial listing
24/05/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates