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Peterhouse Road, Grimsby, Lincolnshire DN34 - Image 1
Peterhouse Road, Grimsby, Lincolnshire DN34 - Image 2
Peterhouse Road, Grimsby, Lincolnshire DN34 - Image 3

Peterhouse Road, Grimsby, Lincolnshire DN34

Yorkshire

£125,000
Listed on 15/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
936 sqft

Description

This three-bedroom semi-detached home presents an excellent opportunity for renovation enthusiasts or investors looking to add value. With no onward chain, the property is ready for transformation and offers a blank canvas to create a modern living space tailored to personal taste. The interior features two generously sized reception rooms that provide flexible options for both comfort and entertaining. The separate kitchen is well-proportioned, ideal for an upgrade with contemporary fittings and finishes. Upstairs, there are three good-sized bedrooms along with a family bathroom that can be reimagined to enhance functionality. Externally, the substantial rear garden offers ample space for outdoor activities or potential landscaping improvements, while the inclusion of a single garage and off-road parking adds practical appeal. Located within a family-friendly area, this home benefits from nearby schools and amenities, making it suitable for families or as a rental investment; post-renovation, it could yield an attractive rental income of approximately £725 per month with a projected yield of around 7%. The property currently holds an EPC rating of D and falls into Council Tax Band B, providing cost-effective living in the long term. Viewings are encouraged to fully appreciate the potential that this property has to offer.

Investment Analysis

(DN34 area)

Below Market Value

This property is priced -19.1% below area average per sq ft

-19.1%
Potential saving
This Property
£134/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£164
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£170,038
10% above area average per sq ft
Potential ROI
+13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN34)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -3.7%
5 year growth: 18.7%
Investment Disclaimer: Analysis based on DN34 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

Peterhouse Road, Grimsby, Lincolnshire DN34
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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
£458
Based on a loan of £93,750 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