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Elm Avenue, Grimsby DN34

Yorkshire

£80,000Guide Price

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1087 sqft

Description

This three-bedroom mid-terrace house presents itself as a prime opportunity for those looking to invest in a property with significant renovation potential. Nestled in a desirable cul-de-sac, this home is devoid of any forward chain, making the process more straightforward for prospective buyers. The layout offers an entrance hall leading to an open-plan lounge and dining area, alongside a conservatory extension that enhances natural light. Upstairs, you will find three generously-sized double bedrooms and a family bathroom. While the property requires comprehensive refurbishment, the benefits include a southerly facing garden ideal for outdoor relaxation and off-road parking on the crazed paved front. This residence stands out with its unique character, inviting creative input to modernize and personalize it further. With careful planning and investment, this hidden gem could become a wonderful family home or profitable rental unit. Offered at auction with a reservation period of 56 days, this property is ready for your vision and expertise.

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Investment analysis

(DN34 area)

Below Market Value

This property is priced -55.3% below area average per sq ft

-55.3%
Potential saving
This Property
£74/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£167
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£196,812
10% above area average per sq ft
Potential ROI
+64.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (DN34)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -3.0%
5 year growth: +13.2%
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

Elm Avenue, Grimsby DN34
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£302
Based on a loan of £60,000 over 30 years at 4.45% 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

Price History

-30.4% since listed
£80,000£35,000(-30.4%)
01/07/2026
Current price
£115,000Initial listing
18/04/2026

Next Steps

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