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Corporation Road, Grimsby, Lincolnshire DN31 - Image 1
Corporation Road, Grimsby, Lincolnshire DN31 - Image 2
Corporation Road, Grimsby, Lincolnshire DN31 - Image 3

Corporation Road, Grimsby, Lincolnshire DN31

Yorkshire

£45,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house presents a noteworthy opportunity for buyers with an eye for renovation and investment. While the property is currently in need of modernisation, it offers a spacious layout that can be tailored to suit personal tastes and contemporary living standards. Inside, the main reception area provides ample room for relaxation or entertaining, creating a welcoming atmosphere. The well-sized kitchen has the potential to become a vibrant hub of the home through thoughtful updates. Each of the three bedrooms offers comfortable space, making them suitable for families or as dedicated workspaces. A conveniently located family bathroom serves all bedrooms effectively. With an Energy Performance Certificate (EPC) rating of D, there is significant potential to improve energy efficiency through renovations, which could enhance both comfort and value. Additionally, the property falls within council tax band A, presenting an economically viable option for first-time buyers and investors looking to expand their portfolio. The location on Corporation Road benefits from being part of a well-established residential area in Grimsby, situated near key transport links including the A180 and A16. Grimsby itself boasts a robust infrastructure with easy access to shopping amenities at Freshney Place and nearby retail parks, as well as proximity to educational institutions like The Grimsby Institute. This terraced house offers a unique opportunity for those looking to invest in real estate that requires renovation. With its generous rooms and potential for significant improvements, it stands out as a blank canvas ready for transformation into a modern family home or a lucrative addition to an investment strategy. Early viewing is encouraged to fully explore the possibilities this property has to offer.

Investment Analysis

(DN31 area)
Area Average
£90/sq ft
Avg Rent (weekly)
£142
Avg Yield
9.4%

Renovation Potential

Est. Renovation Cost
£4,500 - £11,250
10-25% of property value
Monthly Sales
12
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (DN31)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -8.2%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on DN31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Corporation Road, Grimsby, Lincolnshire DN31
Map showing location of Corporation Road, Grimsby, Lincolnshire DN31
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