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Hainton Avenue, Grimsby DN32 - Image 1
Hainton Avenue, Grimsby DN32 - Image 2
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Hainton Avenue, Grimsby DN32

Yorkshire

£27,000
Listed on 02/12/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

Situated on Hainton Avenue, this four-bedroom end-terrace property presents a significant opportunity for renovation, particularly appealing to investors or developers seeking a project with substantial potential. The property requires comprehensive modernization due to fire damage in the kitchen, necessitating a full strip-out and replacement of affected areas. The layout includes an entrance hall that leads to two reception rooms, a dining room, and a kitchen that will need complete refurbishing. On the first floor, there are four bedrooms along with a bathroom in need of updating. Externally, the property boasts off-road parking and a detached outbuilding, adding further utility. This is an ideal chance to enhance the property's value through extensive renovations.

Investment Analysis

(DN32 area)
Area Average
£101/sq ft
Avg Rent (weekly)
£136
Avg Yield
6.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DN32)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -5.1%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on DN32 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

Hainton Avenue, Grimsby DN32
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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
£99
Based on a loan of £20,250 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