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3 Bed Terraced House, Single Let, Grimsby, DN33 1DA £50,000

38 First Avenue, Grimsby, Lincolnshire, DN33 1DA - 12 days ago
  1. Deal Search
  2. Grimsby
  3. DN33
  4. DN33 1DA
Auction
BTL
ROI: 21%
104 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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Property History

Listed for £50,000

December 19, 2025

Sold for £38,000

2006

Sold for £31,000

2006

Floor Plans

Description

  • Immediate "Exchange Of Contracts" Available +
  • Sold Via "Secure Sale" +
  • Three bedroom end-terrace house in established residential location +
  • Sold by auction subject to a tenant in occupation +
  • Rental income of £575 per calendar month +
  • Tenant keen to remain in situ +
  • Entrance hall, ground floor W.C., living room and sitting room +
  • Kitchen, rear lobby and useful utility area +
  • Three bedrooms and bathroom to the first floor +
  • Generous rear garden and an excellent addition to a lettings portfolio +

BEING SOLD VIA SECURE SALE ONLINE BIDDING. Terms & Conditions apply. - STARTING BID - £50,000

Located in a well-established and popular residential area, this three bedroom end-terrace property is offered for sale by auction and represents an excellent investment opportunity. The property is sold subject to an existing tenant in occupation, currently paying £575 per calendar month, with the tenant keen to remain, making this a ready-made addition to a buy-to-let portfolio.

The accommodation comprises an entrance hall, ground floor W.C., living room, separate sitting room and kitchen, with a rear lobby leading to a useful utility area. To the first floor are three bedrooms and a family bathroom.
Externally, the property benefits from a generous rear garden, providing valuable outdoor space.

First Avenue is a convenient and established location with good access to local shops, schools and amenities. Grimsby town centre and Cleethorpes are easily accessible, and the area is well served by public transport links, making the property attractive to long-term tenants.

Overall, this is a solid investment opportunity offering immediate income, tenant continuity and long-term rental potential.

Agent Details

Jackson Green and Preston, Grimsby

01472 404357

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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