Summary - 138 WINCHESTER AVENUE GRIMSBY DN33 1JZ
2 bed 1 bath End of Terrace
Ready-made let with parking and a large garden in a well-connected location.
Tenant in situ generating £625 pcm (7.9% gross yield)
Freehold end-terrace with off-street parking
Good-sized private rear garden, larger than typical
Two double bedrooms and two reception rooms
Neutrally decorated; low immediate refurbishment need
Above-average local crime; area is very deprived
Cavity walls likely uninsulated; energy upgrades advisable
Double glazing present but install date unknown
This freehold end-of-terrace two-bedroom house offers a ready-made income stream with a tenant in situ, producing £625 pcm (7.9% gross yield). Located in a convenient part of Grimsby, the home benefits from off-street parking, a surprisingly large private rear garden and fast broadband — practical features for long-term lettability.
Internally the property is neutrally presented with two reception rooms, a good-sized kitchen and two generous double bedrooms. The fitted three-piece bathroom and double glazing contribute to a low-maintenance appeal for landlords or an owner-occupier prepared to take on the existing tenancy.
Buyers should note the local context: the neighbourhood has above-average crime and is in a very deprived area, factors that can affect rental demand and future capital growth. The house is mid-20th century with cavity walls assumed to be uninsulated and the double-glazing installation date is unknown — further insulation or energy improvements may be advisable.
Practical positives include mains gas central heating, excellent mobile signal and fast broadband, plus a very low Council Tax band A. The property is best suited to investors seeking an affordable, let-ready addition to a portfolio or a buyer willing to renovate modest thermal elements to improve ongoing running costs and tenant appeal.
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