Guide price
£85,000
3 bed terraced house for saleCromwell Road, Grimsby, Lincolnshire DN31
3 beds
1 bath
2 receptions
EPC Rating: D
- Freehold
Reeds Rains - Grimsby
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About this property
Refurbishment and reconfiguration opportunity
Two separate ground-floor reception rooms
Three bedrooms plus family bathroom
Strong rental potential, circa 8.4% yield
No forward chain, faster completion
Council Tax Band A, lower costs
Close to Grimsby town centre amenities
Easy access to Cleethorpes seafront
Near Grimsby Town railway station
Good local bus transport links
This three-bedroom terraced house is offered for sale and represents a refurbishment opportunity for buyers seeking a project or investment. The property currently requires renovation and general improvement, providing scope to reconfigure and update to individual taste.
The ground floor offers two separate reception rooms, allowing for flexible living and dining arrangements, together with a kitchen to the rear. Upstairs are three bedrooms and a bathroom, creating a practical layout for families, sharers or future tenants. The property falls within Council Tax Band A. Once works are completed, it is suggested the property could achieve a potential rental income of approximately £595 per calendar month, equating to a gross yield in the region of 8.4%, subject to market conditions and the standard of refurbishment. The property is offered with no forward chain, which may appeal to purchasers looking for the possibility of a quicker completion.
Situated in Grimsby, the house is well placed for the town’s amenities, including shops, supermarkets and local services. Grimsby town centre offers a range of retail and leisure facilities, with further options available in nearby Cleethorpes, including the seafront and promenade.
Public transport links are accessible via Grimsby Town railway station, which provides services to destinations such as Cleethorpes, Lincoln and Manchester. Journey times to Cleethorpes are typically around 10 minutes, with services to Lincoln taking around an hour, subject to timetable. Local bus routes operate throughout the area, connecting residential streets with the town centre and surrounding neighbourhoods.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
GRI260078/8
Location
Cromwell Road is a convenient position that is only 300m from Grimsby Town Centre.
Grimsby is a large town and sea port located in North East Lincolnshire on the south bank of the Humber estuary and in close proximity to the Lincolnshire Wolds which is an area of outstanding natural beauty. Boasting transport links to the A180, A46 and A16 and with direct rail links to Lincoln, Doncaster, Sheffield and Manchester. It benefits from being located only 14 miles away from Humberside airport. The town is served by a plethora of major retailers in the Freshney Place indoor shopping area which recently ranked in the top 10 town shopping centres in the UK. There are numerous retail parks which are within close proximity to the town centre providing further retail. Education is well catered for with numerous primary and secondary schools and also higher education establishments such as The Grimsby Institute and Franklin College. Grimsby is only a short distance away from the (truncated)
Main Accommodation
Entrance Hall
Living Room (4.22m x 3.1m (13' 10" x 10' 2"))
Dining Room (4.06m x 3.6m (13' 4" x 11' 10"))
Kitchen (3.56m x 2.4m (11' 8" x 7' 10"))
Bathroom (2.4m x 1.63m (7' 10" x 5' 4"))
Bedroom 1 (4.11m x 3.66m (13' 6" x 12' 0"))
Bedroom 2 (4.06m x 3.6m (13' 4" x 11' 10"))
Bedroom 3 (4.17m x 2.41m (13' 8" x 7' 11"))
Rear Garden
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