Cheap entry refurbishment with garden and parking potential for investors.
Investment-priced one-bedroom ground-floor flat, compact 552 sq ft
Leasehold with 181 years remaining; small £50 ground rent
Rear garden plus alleyway potential for creating off-street parking
Requires modernisation; dated decor and probable insulation upgrades
EPC rating D; mains gas boiler with radiators in place
No forward chain; public notice shows an offer at £29,950
Area very deprived with above-average crime — suited to rental investors
Priced at £29,950, this one-bedroom ground-floor flat in Hare Street offers a low-entry investment in a period terrace. The property includes a rear garden and scope to create off-street parking from the alleyway — useful value-adds for lettings or resale after basic refurbishment. The flat is leasehold with 181 years remaining and a small £50 ground rent.
Internally the accommodation is compact (approximately 552 sq ft) with a simple layout: communal entrance, hallway, lounge, kitchen, bedroom and bathroom. The building dates to c.1900–1929 and shows typical wear: dated fixtures, limited insulation in solid brick walls and a need for modernisation. The EPC rating is D and heating is by mains-gas boiler and radiators.
Location factors are important for buyers: the area is classified as very deprived with above-average crime and a transitional rented population, so it suits investors targeting rented stock rather than owner-occupiers seeking a quiet neighbourhood. Council tax band A keeps running costs low. There is no forward chain, but a public notice records an offer of £29,950 and advises higher offers be submitted in writing.
This is a straightforward refurbishment/investment project for buyers seeking a low-cost entry into Grimsby’s rental market or a small renovation flip. Expect to budget for updating décor, services if required, and simple improvements to make the flat more attractive to tenants or buyers.
1 bedroom flat for sale in Torrington Street, Grimsby, , DN32 — £43,500 • 1 bed • 1 bath • 506 ft²
1 bedroom apartment for sale in Grafton Street, Grimsby, Lincolnshire, DN32 — £48,000 • 1 bed • 1 bath • 528 ft²
1 bedroom apartment for sale in Buller Street, Grimsby, North East Lincolnshir, DN32 — £45,000 • 1 bed • 1 bath • 485 ft²
2 bedroom flat for sale in Matlock Drive, Grimsby, DN37 — £46,500 • 2 bed • 1 bath • 638 ft²
3 bedroom terraced house for sale in Heneage Road, Grimsby, Lincolnshire, DN32 — £95,000 • 3 bed • 1 bath • 1281 ft²
1 bedroom flat for sale in Welholme Road, Grimsby, DN32 — £60,000 • 1 bed • 1 bath • 581 ft²


































