Summary - 40 WESTERDALE WAY GRIMSBY DN37 9BY
3 bed 1 bath Terraced
Three-bedroom fixer with rental potential near town and transport links.
Freehold mid-terrace with three bedrooms and vacant possession on completion
Online auction sale — opening 29 September 2025, check legal pack
Estimated local rent ~£700pcm; strong rental demand in area
Dated interior and fixtures; requires modernization and cosmetic works
EPC rating currently TBC; services and fittings untested — survey advised
Administration fee £3,600 (inc. VAT) payable on exchange
Small front and rear yards; compact plot and room sizes
Area indicators: high crime rate and very deprived neighbourhood
This three-bedroom mid-terrace on Westerdale Way offers a clear investment or starter-owner opportunity in Grimsby. Sold freehold at online auction on 29 September 2025, the property is vacant on completion and ready for refurbishment or resales to let.
The house benefits from double glazing, central heating and a compact front and rear yard. Local rental demand is strong; comparable homes typically achieve around £700pcm, presenting potential for immediate income once updated. Council Tax Band A keeps running costs low.
Notable drawbacks are the dated interior and visible need for modernization — flooring, finishes and likely kitchen and bathroom upgrades. EPC is TBC and services, apparatus and equipment have not been tested; buyers should commission a survey and check the legal pack. An administration fee of £3,600 (inc. VAT) is payable on exchange.
Location-wise, the property sits near the town centre with good road links to Cleethorpes and the M180. The neighbourhood shows high crime and very deprived area indicators, so factor local market conditions into refurbishment and rental projections.
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