3 Bed Terraced House, Single Let, Grimsby, DN31 2PZ, £45,000





ValuationUndervalued
Sold Prices | £45K - £122K |
Sold Prices/m² | £529/m² - £1.4K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £484/m² |
Value Estimate | £56,250£56,250 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £11,250£11,250 |
Stamp Duty & Legal Fees | £3,450£3,450 |
Total Cash In | £14,700£14,700 |
| |
Cash Out | |
Rent Range | £462 - £990£462 - £990 |
Rent Estimate | £495 |
Running Costs/mo | £260£260 |
Cashflow/mo | £235£235 |
Cashflow/yr | £2,825£2,825 |
ROI | 19%19% |
Gross Yield | 13%13% |
Local Sold Prices
50 sold prices from £45K to £122K, average is £74.8K. £529/m² to £1.4K/m², average is £883/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£59K | 06/21 | 0 mi | 249, Corporation Road, Grimsby, North East Lincolnshire DN31 2PZ | - | - | 3 | Terraced House | |
£90K | 11/22 | 0.01 mi | 237, Corporation Road, Grimsby, North East Lincolnshire DN31 2PZ | - | - | 3 | Terraced House | |
£56K | 02/21 | 0.03 mi | 10, Beeson Grove, Grimsby, Humberside DN31 2QJ | £875 | 64 | 3 | Terraced House | |
£50K | 08/21 | 0.04 mi | 6, Mill Avenue, Grimsby, North East Lincolnshire DN31 2RS | - | - | 3 | Terraced House | |
£54K | 02/21 | 0.04 mi | 13, Mill Avenue, Grimsby, North East Lincolnshire DN31 2RS | £692 | 78 | 3 | Terraced House | |
£75K | 08/21 | 0.05 mi | 93, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ | £852 | 88 | 3 | Terraced House | |
£47K | 01/23 | 0.07 mi | 121, Armstrong Street, Grimsby, North East Lincolnshire DN31 2QQ | - | - | 3 | Terraced House | |
£50K | 06/23 | 0.12 mi | 22, Dunmow Street, Grimsby, North East Lincolnshire DN31 2RE | £532 | 94 | 3 | Semi-Detached House | |
£84K | 12/22 | 0.12 mi | 100, Boulevard Avenue, Grimsby, North East Lincolnshire DN31 2JH | £1,097 | 77 | 3 | Terraced House | |
£68K | 06/23 | 0.13 mi | 30, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RN | - | - | 3 | Terraced House | |
£60K | 03/21 | 0.13 mi | 33, Joseph Street, Grimsby, North East Lincolnshire DN31 2NU | £723 | 83 | 3 | Terraced House | |
£50K | 05/21 | 0.14 mi | 57, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RL | £568 | 88 | 3 | Terraced House | |
£68K | 02/23 | 0.14 mi | 28, Elsenham Road, Grimsby, North East Lincolnshire DN31 2QR | £829 | 82 | 3 | Terraced House | |
£65K | 12/22 | 0.14 mi | 93, Newhaven Terrace, Grimsby, North East Lincolnshire DN31 2RU | £793 | 82 | 3 | Terraced House | |
£60K | 07/23 | 0.15 mi | 66, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PA | - | - | 3 | Terraced House | |
£75K | 02/23 | 0.16 mi | 144, Corporation Road, Grimsby, North East Lincolnshire DN31 1UP | - | - | 3 | Terraced House | |
£70K | 02/23 | 0.16 mi | 140, Corporation Road, Grimsby, North East Lincolnshire DN31 1UP | £796 | 88 | 3 | Terraced House | |
£95K | 01/22 | 0.16 mi | 35, Salamander Close, Grimsby, North East Lincolnshire DN31 2NW | £1,284 | 74 | 3 | Semi-Detached House | |
£100K | 02/23 | 0.17 mi | 196, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ | - | - | 3 | Terraced House | |
£65K | 04/21 | 0.17 mi | 176, Lord Street, Grimsby, North East Lincolnshire DN31 2NJ | £776 | 84 | 3 | Terraced House | |
£80K | 06/21 | 0.19 mi | 46, Haven Avenue, Grimsby, North East Lincolnshire DN31 2PB | - | - | 3 | Terraced House | |
£83K | 12/20 | 0.19 mi | 26, Salamander Close, Grimsby, North East Lincolnshire DN31 2NW | £1,153 | 72 | 3 | Terraced House | |
£88K | 01/21 | 0.19 mi | 33a, Salamander Close, Grimsby, North East Lincolnshire DN31 2NW | £1,189 | 74 | 3 | Terraced House | |
£46K | 06/21 | 0.2 mi | 153, Lord Street, Grimsby, North East Lincolnshire DN31 2NH | £554 | 83 | 3 | Terraced House | |
£122K | 02/23 | 0.2 mi | 117, Lord Street, Grimsby, North East Lincolnshire DN31 2NH | £1,386 | 88 | 3 | Semi-Detached House | |
£120K | 09/21 | 0.23 mi | 78, Frederick Street, Grimsby, North East Lincolnshire DN31 1XQ | - | - | 3 | Terraced House | |
£90K | 12/22 | 0.23 mi | 46, James Street, Grimsby, North East Lincolnshire DN31 2JE | - | - | 3 | Terraced House | |
£78.5K | 07/21 | 0.23 mi | 62, James Street, Grimsby, North East Lincolnshire DN31 2JE | £897 | 88 | 3 | Terraced House | |
£62K | 06/23 | 0.23 mi | 97, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RW | £681 | 91 | 3 | Terraced House | |
£55K | 05/21 | 0.23 mi | 97, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RW | £604 | 91 | 3 | Terraced House | |
£55K | 05/21 | 0.23 mi | 113, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RW | - | - | 3 | Terraced House | |
£117K | 09/23 | 0.25 mi | 17, Freshney Drive, Grimsby, North East Lincolnshire DN31 1TN | - | - | 3 | Terraced House | |
£60K | 02/21 | 0.25 mi | 71, Henry Street, Grimsby, North East Lincolnshire DN31 2JA | £732 | 82 | 3 | Terraced House | |
£76K | 05/21 | 0.25 mi | 36, Henry Street, Grimsby, North East Lincolnshire DN31 2JA | £916 | 83 | 3 | Terraced House | |
£90K | 12/22 | 0.26 mi | 54, Arthur Street, Grimsby, North East Lincolnshire DN31 2HT | £1,005 | 90 | 3 | Terraced House | |
£87K | 12/20 | 0.26 mi | 44, Lister Street, Grimsby, North East Lincolnshire DN31 2JG | £1,048 | 83 | 3 | Terraced House | |
£86K | 07/21 | 0.27 mi | 59, Arthur Street, Grimsby, North East Lincolnshire DN31 2HT | - | - | 3 | Terraced House | |
£93K | 12/22 | 0.28 mi | 1, Harlow Street, Grimsby, North East Lincolnshire DN31 2QX | £1,134 | 82 | 3 | Terraced House | |
£70K | 07/21 | 0.28 mi | 27, Lister Street, Grimsby, Humberside DN31 2HZ | £854 | 82 | 3 | Terraced House | |
£74.5K | 12/22 | 0.29 mi | 164, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RP | £931 | 80 | 3 | Terraced House | |
£56K | 05/21 | 0.3 mi | 73, Haycroft Street, Grimsby, North East Lincolnshire DN31 2HR | £737 | 76 | 3 | Terraced House | |
£82.5K | 01/23 | 0.3 mi | 220, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EJ | £994 | 83 | 3 | Terraced House | |
£95K | 09/23 | 0.31 mi | 11, Bemrose Way, Grimsby, North East Lincolnshire DN31 2JZ | £1,056 | 90 | 3 | Terraced House | |
£82.5K | 11/22 | 0.32 mi | 181, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL | £892 | 93 | 3 | Terraced House | |
£88K | 08/23 | 0.32 mi | 205, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL | £940 | 94 | 3 | Terraced House | |
£85K | 01/23 | 0.32 mi | 215, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL | £1,063 | 80 | 3 | Terraced House | |
£74.3K | 03/23 | 0.32 mi | 207, Macaulay Street, Grimsby, North East Lincolnshire DN31 2EL | £952 | 78 | 3 | Semi-Detached House | |
£64K | 04/23 | 0.33 mi | 141, Gilbey Road, Grimsby, North East Lincolnshire DN31 2RR | £831 | 77 | 3 | Terraced House | |
£100K | 10/21 | 0.35 mi | 6, Chantry Close, Grimsby, North East Lincolnshire DN31 2JY | £1,099 | 91 | 3 | Terraced House | |
£45K | 02/21 | 0.36 mi | 13, Ripon Street, Grimsby, North East Lincolnshire DN31 2HG | £529 | 85 | 3 | Terraced House |
Local Rents
52 rents from £462/mo to £990/mo, average is £620/mo.
Rent | Date | Distance | Address | Beds | Type | |
£595 | 03/24 | 0 mi | Corporation Road, Grimsby | 3 | Terraced House | |
£550 | 04/24 | 0.03 mi | Corporation Road, Grimsby | 3 | Terraced House | |
£525 | 03/24 | 0.1 mi | Corporation Road, Grimsby | 3 | Flat | |
£730 | 04/25 | 0.13 mi | - | 3 | Terraced House | |
£595 | 03/24 | 0.14 mi | James Street, Grimsby, South Humberside, DN31 | 3 | Terraced House | |
£563 | 01/24 | 0.15 mi | - | 3 | Terraced House | |
£563 | 04/24 | 0.15 mi | - | 3 | Terraced House | |
£630 | 01/24 | 0.17 mi | - | 3 | Terraced House | |
£640 | 09/24 | 0.17 mi | - | 3 | Terraced House | |
£485 | 03/24 | 0.17 mi | Henry Street, Grimsby, DN31 2JB | 3 | Terraced House | |
£560 | 06/24 | 0.19 mi | - | 3 | Terraced House | |
£550 | 04/24 | 0.2 mi | Lord Street, Grimsby | 3 | Terraced House | |
£600 | 03/24 | 0.2 mi | Lawrence Street, Grimsby | 3 | Terraced House | |
£525 | 03/24 | 0.22 mi | Haycroft Street, Grimsby | 3 | Terraced House | |
£495 | 03/24 | 0.22 mi | Elsenham Road, Grimsby | 3 | Terraced House | |
£645 | 08/24 | 0.22 mi | - | 3 | Terraced House | |
£930 | 03/24 | 0.23 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£930 | 03/24 | 0.24 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£955 | 03/24 | 0.25 mi | Macaulay Park, Grimsby, DN31 | 3 | Detached House | |
£965 | 03/24 | 0.26 mi | Macaulay Park, Grimsby, DN31 | 3 | Detached House | |
£965 | 03/24 | 0.26 mi | Macaulay Park, Grimsby, DN31 | 3 | Detached House | |
£930 | 03/24 | 0.27 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£930 | 03/24 | 0.27 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£625 | 10/24 | 0.27 mi | - | 3 | Terraced House | |
£625 | 02/24 | 0.27 mi | - | 3 | Terraced House | |
£625 | 02/24 | 0.27 mi | - | 3 | Terraced House | |
£625 | 04/24 | 0.27 mi | - | 3 | Terraced House | |
£625 | 02/24 | 0.28 mi | - | 3 | Terraced House | |
£563 | 03/24 | 0.29 mi | - | 3 | Terraced House | |
£563 | 07/24 | 0.29 mi | - | 3 | Terraced House | |
£680 | 04/24 | 0.3 mi | - | 3 | Terraced House | |
£650 | 03/24 | 0.3 mi | Macaulay Street, Grimsby, DN31 | 3 | Flat | |
£462 | 12/23 | 0.3 mi | - | 3 | Terraced House | |
£575 | 03/24 | 0.33 mi | Airedale Way, Grimsby | 3 | Terraced House | |
£990 | 05/24 | 0.33 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£525 | 08/24 | 0.33 mi | - | 3 | Terraced House | |
£600 | 04/24 | 0.35 mi | - | 3 | Terraced House | |
£700 | 03/25 | 0.36 mi | - | 3 | Terraced House | |
£535 | 03/24 | 0.36 mi | Ripon Street, Grimsby, N E Lincolnshire, DN31 | 3 | Terraced House | |
£550 | 03/24 | 0.36 mi | Lancaster Avenue, Grimsby | 3 | Terraced House | |
£675 | 11/24 | 0.39 mi | - | 3 | Terraced House | |
£495 | 07/23 | 0.39 mi | - | 3 | Terraced House | |
£600 | 10/24 | 0.41 mi | - | 3 | Terraced House | |
£625 | 03/24 | 0.42 mi | Tennyson Street, Grimsby, DN31 | 3 | Semi-Detached House | |
£625 | 04/24 | 0.42 mi | - | 3 | Semi-Detached House | |
£550 | 03/24 | 0.43 mi | Anderson Street, Grimsby | 3 | Terraced House | |
£615 | 04/25 | 0.44 mi | - | 3 | Terraced House | |
£940 | 04/24 | 0.44 mi | Macaulay Park, Grimsby, DN31 | 3 | Semi-Detached House | |
£990 | 04/24 | 0.44 mi | Macaulay Park, Grimsby, DN31 | 3 | Detached House | |
£575 | 01/24 | 0.46 mi | - | 3 | Terraced House | |
£575 | 01/24 | 0.46 mi | - | 3 | Terraced House | |
£850 | 10/24 | 0.46 mi | - | 3 | Terraced House |
Local Area Statistics
Population in DN31 | 9,5989,598 |
Population in Grimsby | 124,581124,581 |
Town centre distance | 1 miles away1 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.68 miles away0.68 miles away |
| |
Rental demand | Tenant's marketTenant's market |
Rental growth (12m) | -4%-4% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +23%+23% |
Property History
Listed for £45,000
February 24, 2025
Floor Plans

Description
- 3 Bedroom End Terrace Property +
- Spacious Throughout +
- Freehold +
- Council Tax Band A +
- In Need Of Modernisation +
- Excellent Chance To Add Value +
- Close To Local Amenities And Transport Links +
- Excellent Investment Opportunity Or First Time Buy +
Spacious 3-Bedroom End-Terrace with Huge Potential
National Residential are delighted to offer this spacious 3-bedroom end-terrace property, conveniently located within walking distance of local shops, amenities, and Grimsby town centre. This home is in need of updating and refurbishment, making it an excellent opportunity to add value - ideal for investors, developers, or buyers looking to put their own stamp on a property.
Key Features:
* Freehold
* Council Tax Band: A
* Generous Living Space - Large open-plan lounge/living room, plus a separate dining room for versatile family living.
* Upstairs Bathroom
* Separate Spacious Kitchen
* Three Good-Sized Bedrooms - Ideal for families or rental potential.
* Large Enclosed Rear Garden - Perfect for outdoor activities and entertaining.
Why Choose This Location?
Corporation Road is a well-established residential area providing great access to local amenities and transport links.
* Convenient Living - Walking distance to shops, supermarkets, schools, and healthcare facilities.
* Parks & Open Spaces - Close to Grimsby Parkour Park and People's Park, perfect for walks, recreation, and outdoor activities.
* Excellent Transport Links - Easy access to the A180, A16, and A46, plus direct rail connections to Lincoln, Doncaster, Sheffield, and Manchester from Grimsby Town station.
* Strong Rental & Investment Potential - Grimsby is undergoing regeneration, with ongoing investments in the town centre and surrounding infrastructure, increasing demand for quality housing.
Book Your Viewing Today
This property presents an exciting opportunity to renovate and add value. Watch our online video tour for a closer look, and contact our dedicated sales team to arrange a viewing.
Your next project or investment opportunity awaits - schedule your viewing today!
This property is ONLY available for purchasers who are NOT in a chain.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.
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