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Ainslie Street, Grimsby DN32 - Image 1
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Ainslie Street, Grimsby DN32

Yorkshire

£70,000

Listed on 22/06/2026

Property details

Bedrooms
3
Type
Detached house
Area
1378 sqft

Description

This spacious three-bedroom semi-detached house presents a substantial renovation opportunity in a desirable location near Grimsby Town Centre and People's Park. Ideal for investors or cash buyers, the property includes three reception rooms and off-road parking for up to two vehicles, alongside potential for buy-to-let or HMO conversion with the necessary permissions. While it is currently in need of comprehensive refurbishment throughout, including addressing signs of subsidence affecting the rear extension, the layout offers significant possibilities for modernisation and value enhancement. The accommodation features a generous kitchen, three well-sized bedrooms, and a family bathroom, all awaiting your personal touch. Given its prime location and potential for development, this property represents an excellent investment project for those prepared to undertake the required improvements. Viewing is essential to fully grasp the property's size and renovation prospects.

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Investment analysis

(DN32 area)

Below Market Value

This property is priced -48.4% below area average per sq ft

-48.4%
Potential saving
This Property
£51/sq ft
Area Average
£98/sq ft
Avg Rent (weekly)
£143
Avg Yield
6.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£149,155
10% above area average per sq ft
Potential ROI
-0.6%
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

Ainslie 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
£264
Based on a loan of £52,500 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

Next Steps

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