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Old Mill Court, Grimsby DN32 - Image 1
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Old Mill Court, Grimsby DN32

Yorkshire

£85,000
Listed on 24/03/2026

Property Details

Bedrooms
2
Type
Town House
Area
933 sqft

Description

This three-storey, two-bedroom townhouse presents a standout opportunity for renovation enthusiasts or investors seeking to enhance a solid property in Grimsby. Located within easy reach of the town centre and excellent schools, this residence offers generous living space and practical features. The entryway leads you into a bright hallway with access to a utility room and convenient cloakroom. On the first floor, the spacious lounge/dining area provides ample room for flexible entertaining, alongside a kitchen that has sufficient capacity for appliances. The upper level includes two well-proportioned bedrooms and a family bathroom, offering significant potential for modern updates or redesigns. Additional assets include an integral garage with front access and a secured courtyard at the rear, adding both functionality and privacy. This property is ripe for transformation, catering well to first-time buyers looking to customize their new home or investors eager to maximize rental yield through refurbishment.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -8.6% below area average per sq ft

-8.6%
Potential saving
This Property
£91/sq ft
Area Average
£100/sq ft
Avg Rent (weekly)
£139
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£102,322
10% above area average per sq ft
Potential ROI
-7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -7.0%
5 year growth: -0.3%
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

Old Mill Court, Grimsby DN32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£301
Based on a loan of £63,750 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.

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