Summary - 31 ROPERY STREET GRIMSBY DN32 9EJ
2 bed 1 bath Terraced
Turnkey rental income with short-term value-upgrade potential.
Tenant in situ paying £500 pcm, immediate rental income
A compact two-bedroom mid-terrace offered with a tenant in situ, producing £500 pcm for an immediate income stream. With an advertised 8% rental yield at the asking price, the house suits a buy-to-let investor seeking cashflow from day one.
The property benefits from gas central heating, uPVC double glazing and a small enclosed rear garden. Traditional solid-brick construction (c.1900–1929) gives character and good fabric, while rooms are small-to-medium and the home is presented in tidy but dated condition—modernisation would increase rental or resale value.
Location is convenient for town centre shops, schools and transport links, but the area is very deprived with higher-than-average crime levels. EPC rating D and Council Tax band A keep running costs modest, though the solid walls likely lack insulation and energy-improvement work should be considered.
This is a straightforward letting opportunity for an investor comfortable with a tenant in place and working within a constrained local market. The property’s compact size, small plot and need for modernisation limit appeal for buyers seeking long-term family space, but they create scope for value uplift through targeted upgrades.
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