Freehold two-bedroom terrace with parking — auction sale suited to hands-on investors..
Freehold end-of-terrace, two bedrooms, vacant possession at completion
Large overall internal size c.937 sq ft with traditional high ceilings
Off-street parking on Fairbrother Street and small front garden
EPC rating E; likely needs insulation and energy improvements
Guide price £19,000 — strong gross yield potential at local rents
Auction sale 6 October 2025; administration fee £3,600 payable on exchange
Located in very deprived area with high crime — affects growth/tenant mix
Sold as seen; services not tested — survey recommended
Offered for auction on 6 October 2025, this freehold end-of-terrace two-bedroom house in Grimsby is a straightforward investment with clear redecoration and improvement potential. The property is vacant on completion and benefits from double glazing, gas central heating and a small garden plus an off-street parking space on Fairbrother Street. Typical local rents for similar properties are around £700 pcm, supporting a strong gross yield at the guide price for a hands-on buyer.
Constructed c.1900–1929 with solid brick walls (assumed uninsulated) and traditional features such as a bay window and high ceilings, the house is a substantial 937 sq ft internally. It will attract short-term letting demand in this part of Grimsby, but will also need cosmetic updating and possibly insulation improvements to raise energy performance beyond its current EPC rating of E.
Buyers should note the wider area context: high crime levels and very high deprivation locally, which affects long-term capital growth prospects and tenant profiles. The property is sold with a purchaser administration fee of £3,600 (inc. VAT) payable on exchange and buyers must review the legal pack for any further disbursements. Services and fixtures have not been tested; buyers should obtain their own surveys and searches.
This lot suits investors or landlords seeking immediate rental income or renovators willing to add value. It is offered with vacant possession, freehold title and clear access to local schools, shops and transport links — an accessible, income-focused opportunity if you factor in refurbishment and management costs.
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