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Torrington Street, Grimsby DN32

Yorkshire

£79,950

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1237 sqft

Description

This three-bedroom, terraced home in the heart of Grimsby represents a solid investment opportunity for those looking to undertake a comprehensive renovation project. The property is currently in need of extensive refurbishment, allowing future owners to tailor the space according to their specific vision. Internally, it features a spacious through reception area and a separate kitchen space, with a brand-new kitchen already purchased and ready for installation included in the sale. The first floor hosts a bathroom and three generously sized double bedrooms. Benefitting from uPVC double glazing and gas central heating, the bones of this home are promising. Externally, a large rear garden complements an attached garage accessed via a back road, providing useful storage options and outdoor space. Ideally located near Grimsby town centre, residents will have easy access to various shops, supermarkets, cafes, and essential amenities. Additionally, local schools are within walking distance or reachable via short bus rides. For commuters, Grimsby Town railway station is conveniently close by, offering quick train services towards Cleethorpes and Lincoln. This property comes chain-free, simplifying the acquisition process for investors or those looking to create their dream home.

Investment Analysis

(DN32 area)

Below Market Value

This property is priced -34.3% below area average per sq ft

-34.3%
Potential saving
This Property
£65/sq ft
Area Average
£98/sq ft
Avg Rent (weekly)
£143
Avg Yield
6.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£133,893
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -5.0%
5 year growth: -5.9%
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

Torrington Street, Grimsby DN32
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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 £59,962 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

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