Priced for refurbishment with strong rental and resale potential nearby amenities.
Freehold three-bedroom mid-terrace close to Grimsby town centre
This three-bedroom mid-terrace on Willingham Street offers a clear upward potential for buyers willing to invest in refurbishment. Situated close to Grimsby town centre, the house has two reception rooms, a kitchen, ground-floor bathroom and gardens to front and rear. uPVC double glazing and a mains gas boiler are already in place, reducing immediate outlay on windows and primary heating.
The property requires wholesale modernisation: cosmetic and structural attention is likely, and the solid brick walls appear uninsulated. Internal photos show worn Victorian-style stairs, peeling paint and general wear — budgeting for redecoration, new finishes and possible electrical or plumbing upgrades is prudent. The price reflects these improvement needs and creates scope to add value.
Location drivers include proximity to local amenities, schools with good Ofsted ratings nearby and fast broadband and mobile signal. However, the area records high crime and significant deprivation indicators and is described as a constrained renters neighbourhood; these factors suit investors targeting rental returns or developers aiming to refurbish and resell, rather than buyers seeking a low-risk family move-in home.
Overall this is a project property: affordable freehold tenure, modest plot, and straightforward layout present an accessible renovation opportunity for experienced buyers or landlords who can manage work and lettability risks.
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