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Wellington Street, Grimsby, Lincolnshire DN32 - Image 1
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Wellington Street, Grimsby, Lincolnshire DN32 - Image 3

Wellington Street, Grimsby, Lincolnshire DN32

Yorkshire

£75,000
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1176 sqft

Description

This three-bedroom mid-terrace home in Grimsby presents a promising opportunity for buyers seeking to invest or create their ideal living space. Ideally situated in a residential area, the property offers easy access to local amenities and public transport, making it suitable for families and first-time buyers. While the interior requires some refurbishment, the layout is generous and functional, providing a good base from which to enhance its appeal. The accommodation includes an Entrance Hallway, Lounge, Family Room/Secondary Reception Area, Kitchen/Diner, and a convenient WC on the ground floor. The first floor comprises three Bedrooms and a Family Bathroom. Outside, on-street parking is available at the front of the property. With its spacious configuration and great location, this home holds significant potential for those keen to add value through renovation or personalization.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -34.6% below area average per sq ft

-34.6%
Potential saving
This Property
£64/sq ft
Area Average
£98/sq ft
Avg Rent (weekly)
£143
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£126,126
10% above area average per sq ft
Potential ROI
+20.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -7.1%
5 year growth: +3.1%
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

Wellington Street, Grimsby, Lincolnshire DN32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£270
Based on a loan of £56,250 over 30 years at 4.06% 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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