Summary - 217 HENEAGE ROAD GRIMSBY DN32 9JE
3 bed 1 bath Terraced
Three-bed end terrace, let and income-producing — ideal for buy-to-let investors..
Currently let producing £575pcm (£6,900pa)
A three-bedroom end-of-terrace in Grimsby currently let on an AST producing £575 pcm (£6,900 pa), offering an immediate rental income stream for buy-to-let investors. The house has two reception rooms (one with a bay window), a practical kitchen, and a bathroom; total internal area is about 862 sq ft. UPVC double glazing and gas central heating are already in place, helping keep running costs down.
The property sits on a small, enclosed garden and is freehold. Construction dates from c.1900–1929 with solid brick walls (no cavity insulation assumed). The EPC is D. Broadband speeds are fast and mobile signal is excellent, useful for renters and remote workers. Local amenities, schools and public transport are within walking distance and the town centre is nearby.
Notable drawbacks are the area's high crime rate and very high local deprivation, which can affect tenant profiles and long-term capital growth. The property shows average external condition with minor wear; thermal performance will be limited by solid walls and pre-2002 glazing — further insulation or energy improvements may be needed to raise EPC and reduce running costs. Occupied status means viewings will need arranging around the tenancy.
This is a straightforward, income-producing terraced house suited to investors seeking immediate yield or hands-on landlords prepared for modest refurbishment to improve returns and energy efficiency. Prospective buyers should budget for typical mid-terrace maintenance and consider security measures given the local crime statistics.
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