Auction opportunity for investors seeking rental uplift after refurbishment..
Freehold three-bedroom semi-detached, 914 sq ft
A three-bedroom semi-detached house on Bempton Grove offered freehold and sold via auction. The property occupies a decent plot with front and rear gardens and benefits from mains gas central heating and double glazing (as stated). With 914 sq ft and a typical mid-20th century layout, it presents clear scope for refurbishment and rental or resale after improvement.
The local market supports strong rental demand; similar properties, once renovated, typically achieve around £800 pcm (£9,600 pa), making this attractive to landlords and developers seeking yield or value-add opportunities. Fast broadband, excellent mobile signal and proximity to shops, supermarkets and several Good-rated schools add practical appeal for long-term lets or family buyers after renovation.
Buyers should be aware of material drawbacks: the area is described as deprived with high local crime rates, the EPC is D, and the property will suit someone prepared to modernise the dated kitchen and likely upgrade insulation (cavity walls assumed uninsulated). The sale is by online auction with associated fees and an administration charge; purchasers must review the legal pack and verify services, planning and any disbursements before bidding.
This is a pragmatic opportunity for an investor or developer who can budget for refurbishment and factor in auction costs. For a buyer seeking a low-entry freehold in Grimsby with rental upside, this house offers a straightforward platform for improvement and income generation.
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