Summary - 243 WELLINGTON STREET GRIMSBY DN32 7JP
4 bed 3 bath Terraced
Income-producing four-bed terrace with long-term tenants — investor-focused opportunity..
Freehold mid-terrace with four bedrooms and three bathrooms
Long-term tenants in situ — immediate rental income of £8,700 pa
Small rooms and modest overall footprint; limited living space
Small paved forecourt; likely short rear garden
On-street parking only; no off-street parking or garage
Area has high crime rates and very high deprivation
Requires cosmetic update; check electrics, gas and safety certifications
Likely interest from investors and developers due to yield potential
A compact four-bedroom mid-terrace in Grimsby offered freehold — presented as a straightforward buy-to-let opportunity. The property currently produces a gross annual rental income of £8,700 and benefits from long-term tenants who intend to remain, providing immediate income for a purchaser.
Rooms are modest in size and the overall plot is small, with a paved forecourt and a likely short rear garden. The exterior appears functional but would benefit from cosmetic updating; internal condition should be verified. On-street parking only and the property sits in an area with higher-than-average crime and very high local deprivation.
This is a practical pick for investors seeking an income-producing addition to a portfolio or developers able to optimise a small urban terrace. Important considerations include the constrained local rental market characteristics, tenancy terms, and potential costs for refurbishment or ongoing management.
Buyers should review the full Let Property Pack, tenancy agreement, proof of rental payments, and any applicable buyers premium. Internal inspection and checks on room sizes, servicing, and compliance (electrical, gas, safety certificates) are recommended before exchange.
4 bedroom terraced house for sale in Farebrother Street, Grimsby, DN32 — £122,000 • 4 bed • 1 bath • 1001 ft²
2 bedroom end of terrace house for sale in Dunmow Street, Grimsby, DN31 — £72,500 • 2 bed • 1 bath • 990 ft²
2 bedroom terraced house for sale in Fairmont Road, Grimsby, DN32 — £90,000 • 2 bed • 1 bath • 861 ft²
4 bedroom terraced house for sale in Mendip Avenue, Grimsby, DN33 — £125,000 • 4 bed • 2 bath • 872 ft²
3 bedroom terraced house for sale in Fraser Street, Grimsby, Lincolnshire, DN32 — £90,000 • 3 bed • 1 bath • 958 ft²
3 bedroom terraced house for sale in 7 Stokesley Walk, Grimsby, Lincolnshire, DN37 — £95,000 • 3 bed • 1 bath • 850 ft²
