Summary - 263 Willingham Street DN32 9PX
1 bed 1 bath Terraced
Affordable auction lot with immediate rental income and refurbishment potential.
Freehold end-terrace circa 991 sq ft, one bedroom, one bathroom
A compact, modern end-terrace offering immediate rental income in central Grimsby. The property is freehold, has one bedroom, one bathroom and covers approximately 991 sq ft across multiple floors, with a small garden and parking nearby. It is currently let on an Assured Shorthold Tenancy at £550 pcm; possession will transfer subject to that tenancy.
This house suits a hands-off investor seeking an affordable entry into the local rental market or a buyer prepared to refurbish for higher returns. The build date (2003–2006) and double glazing are positives; services and internal condition were not verified and no internal access was available at time of marketing.
Important practical points: the area is classified as very deprived with high local crime levels, which will affect tenant demand and long-term capital growth. The sale is via online auction with additional purchaser costs (administration fee £2,160 inc VAT; buyer’s premium £1,200 inc VAT) — bidders must inspect the legal pack and verify tenure, services and planning details before bidding.
Potential buyers should budget for inspection, possible refurbishment and council/solicitor checks. Broadband and mobile signal are strong and local schools include several rated Good, which may help rental appeal to local families or single professionals.
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