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James Street, Grimsby DN31

Yorkshire

£64,500
Listed on 02/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house presents a promising opportunity for those looking to invest or create their ideal living space. Although it requires renovation, the potential is substantial for transforming it into a delightful family home. The layout includes two generous reception rooms that offer versatility for entertaining or relaxation. The double bedrooms are spacious and ready for your personal touch, while the ample kitchen awaits your vision to become the central hub of the home. Additionally, there’s a single bathroom that can be updated into a soothing retreat. This property has an EPC rating of D and falls under council tax band A, making it an accessible option for first-time buyers. With no onward chain, the acquisition process is streamlined, allowing for a quicker move-in. In essence, this house stands as a worthwhile investment for anyone eager to add value through renovation in Yorkshire.

Investment Analysis

(DN31 area)
Area Average
£89/sq ft
Avg Rent (weekly)
£134
Avg Yield
9.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DN31)

Area prices are falling by +8.2% over the last 12 months
3 year growth: -10.1%
5 year growth: 12.5%
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

James Street, Grimsby DN31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£236
Based on a loan of £48,375 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE