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Welholme Road, Grimsby DN32 - Image 1
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Welholme Road, Grimsby DN32

Yorkshire

£60,000
Listed on 26/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1024 sqft

Description

This spacious three-bedroom mid-terrace house offers significant potential for renovation and investment. Located in a sought-after area of Grimsby on Welholme Road, the property benefits from its proximity to various amenities, reliable transport links, and reputable schools, making it a versatile option for buyers seeking to personalize their space. The layout includes an inviting entrance hallway leading to a bright lounge/dining area with a classic chimney breast feature. The kitchen is functional, with existing base units and room for appliances, while the family bathroom provides essential amenities. Upstairs, the solid landing connects to three generously sized bedrooms and an additional shower room, offering ample room for furnishings and creative redesigns. Outside, both front and rear gardens add valuable outdoor space; the rear garden is primarily lawned with a small paved section ideal for gatherings. This property represents an excellent opportunity to create a home tailored to your needs.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -41.2% below area average per sq ft

-41.2%
Potential saving
This Property
£59/sq ft
Area Average
£100/sq ft
Avg Rent (weekly)
£139
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£112,302
10% above area average per sq ft
Potential ROI
+12.3%
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

Welholme Road, 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
£213
Based on a loan of £45,000 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.

Stamp Duty Calculator

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