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Rutland Street, Grimsby DN32

Yorkshire

£50,000

Listed on 08/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
857 sqft

Description

This two-bedroom mid-terrace property in the sought-after Grimsby area presents a solid opportunity for renovation and investment. Located on Rutland Street, it benefits from a variety of local amenities and convenient transport links, making it an attractive choice for various types of buyers. The layout features a spacious living room that welcomes natural light, a separate dining room with a distinctive chimney breast, and a fitted kitchen equipped with base units and ample appliance space. A rear W.C. and utility area add to the practicalities of the ground floor. Upstairs, you'll find two sizable double bedrooms along with a family bathroom complete with a shower over the bath. The outdoor space is noteworthy, featuring an expansive private garden that is mainly lawned and includes a paved area ideal for outdoor entertaining. This property offers considerable potential for customization and enhancement to create a comfortable home or rental investment.

Investment analysis

(DN32 area)

Below Market Value

This property is priced -42.8% below area average per sq ft

-42.8%
Potential saving
This Property
£58/sq ft
Area Average
£102/sq ft
Avg Rent (weekly)
£149
Avg Yield
6.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£96,203
10% above area average per sq ft
Potential ROI
+13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -6.6% over the last 12 months
3 year growth: -4.6%
5 year growth: -8.6%
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

Rutland 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
£189
Based on a loan of £37,500 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

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