Main image of 2 bedroom Mid Terrace House for sale, Ladysmith Road, Grimsby, Lincolnshire, DN32
Living Room
Bedroom 1
Dining Room
Kitchen
Dining Room
Bedroom 1
Kitchen
Kitchen
Dining Room
Image 11
£50,000 Asking price

2 bedroom Mid Terrace House for sale,
Ladysmith Road, Grimsby, Lincolnshire, DN32

Grimsby Branch Manager
Reeds Rains Estate Agents Grimsby
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Features and Description

  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction
  • Lucrative 15.6% gross yield
  • Potential rental income £650 pcm
  • No onward chain
  • Ideal investment opportunity
  • Blank canvas for renovation
  • Two spacious reception rooms
  • Two bedrooms
  • Opportunity for modern redesign
  • Low council tax band A
  • High value-for-money potential

For sale is a terraced house that promises a lucrative investment. The property currently is in need of renovation, providing an outstanding opportunity for refurbishment and potential generation of significant rental income, optimistically up to a figure of £650 pcm. This figure represents a lucrative 15.6% gross yield, a promising return for any potential investor's consideration.

The house itself carries a wealth of potential despite its current condition. It features two reception rooms, lending a spacious feel to the interior, and perfect for tailoring to a prospective tenant's needs.

There are two bedrooms present in the property. The blank canvas these rooms provide allows for complete redesigning to meet the desirable modern standards or indeed to cater to the prospective tenants' preferences. Additionally, a single bathroom and kitchen are available, both needing renovation, yet providing an opportunity for bespoke transformation.

On a practical note, the property is complete with an EPC rating of "E" and falls within council tax band "A". This opportunity is available with the added benefit of no onward chain, facilitating future transition. It's worth noting that this house could serve as a great potential income stream upon renovation completion, making it the perfect catch for investors.

Ladysmith Road, Grimsby, Lincolnshire, DN32

Additional Information

  • Property ref
    GRI250234
  • EPC
    E
  • Tenure
    Freehold
  • Council Tax
    A
  • Local authority
    North East Lincolnshire County Council
Grimsby Branch Manager
Reeds Rains Estate Agents Grimsby

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Reeds Rains Estate Agents Grimsby

Grimsby Branch Manager
Reeds Rains Grimsby
6 Bethlehem Street, Grimsby, DN31 1JU
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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

Nearby locations
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Map view
Street view
Main image of 2 bedroom Mid Terrace House for sale, Ladysmith Road, Grimsby, Lincolnshire, DN32
Living Room
12'8" x 10'1" (3.86m x 3.07m)
Living Room
Dining Room
12'9" x 14'12" (3.89m x 4.57m)
Dining Room Dining Room Dining Room
Kitchen
10'0" x 7'7" (3.05m x 2.30m)
Kitchen Kitchen Kitchen
Bedroom 1
12'2" x 12'0" (3.70m x 3.66m)
Bedroom 1 Bedroom 1
Image 11

The pin shows the exact address of the property 

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

53

Potential

77

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A