Summary - Flat, 37a, Ropery Street DN32 9EJ
2 bed 2 bath Terraced
Two one-bed flats, vacant possession — investor opportunity with refurbishment upside.
Freehold mid-terrace split into two one-bed flats with separate entrances
A compact mid-terrace freehold split into two self-contained one-bedroom flats, offered with vacant possession. Both units have separate entrances, gas central heating and uPVC double glazing; the property sits close to Grimsby town centre amenities and regular bus routes. The location offers quick access to nearby parks and primary/secondary schools.
This is primarily an investor opportunity: the vendor information suggests a potential rental yield around 12% if fully let. The building is traditionally constructed (circa 1900–1929) with solid brick walls and no known cavity insulation, so energy upgrades and targeted refurbishment could improve rents and reduce voids.
Be mindful of downside factors: the wider area is classified as very deprived with high local crime levels, which can affect tenant demand and rental values. The property is small overall (approx. 506 sq ft) and garden space is limited to a small front courtyard. Heating is mains gas via boiler and radiators; double glazed units are present but install dates are unknown.
For a hands-on investor this offers clear income potential and immediate possession, but plan for maintenance, insulation improvements and lettings strategy appropriate to a constrained rental market. A physical inspection and updated EPC/condition survey are recommended before purchase.
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