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.
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£69,950
3 bedroom Mid Terrace House for sale, Torrington Street, Grimsby, Lincolnshire, DN32
Features and Description
This three-bedroom terraced house is offered for sale and represents a refurbishment opportunity, with clear scope for improvement and value enhancement. The property currently offers two reception rooms, one kitchen, and one bathroom, as well as a spacious garden with an outbuilding. Three double bedrooms provide generous sleeping accommodation, and the layout also offers potential to reconfigure to create three to four bedrooms, subject to works. The property is being sold with no forward chain.
Once renovation is completed, the property is projected to achieve approximately £695 per calendar month in rent, with an estimated potential gross yield of 11.9%, making it of particular interest to investors.
Situated in Grimsby, the house benefits from access to the town’s amenities, including a range of shops, supermarkets and services in and around the town centre and Freeman Street area. Grimsby offers several primary and secondary schools, along with local parks and green spaces for recreation.
Public transport options in Grimsby are good, with Grimsby Town railway station providing services to locations including Cleethorpes, Barton-on-Humber, Lincoln, and onward connections to larger centres such as Sheffield and Newark. Journey times to Cleethorpes are typically around 10 minutes by train, and around an hour to Lincoln, subject to timetable. Regular local bus services operate throughout the town and surrounding areas, offering additional connectivity.
With its established location in Grimsby and clear potential for refurbishment, this three-bedroom mid-terraced house presents an appealing prospect for buyers seeking an investment opportunity.
Living Room
10'6" x 17'2" (3.20m x 5.23m)
Dining Room
9'5" x 12'5" (2.87m x 3.78m)
Study
7'9" x 8'6" (2.36m x 2.60m)
Kitchen
9'8" x 13'3" (2.95m x 4.04m)
Bedroom 1
12'0" x 12'9" (3.66m x 3.89m)
Bedroom 2
10'9" x 8'6" (3.28m x 2.60m)
Bedroom 3
9'9" x 11'6" (2.97m x 3.50m)
Bathroom
6'0" x 5'8" (1.83m x 1.73m)
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Torrington Street, Grimsby, Lincolnshire, DN32
Additional Information
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Property refGRI240641
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EPCC
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TenureFreehold
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Council TaxA
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Local authorityNorth East Lincolnshire County Council
Do you have a property you need to sell?
Reeds Rains Estate Agents Grimsby
Reeds Rains Grimsby
6 Bethlehem Street, Grimsby, DN31 1JU
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
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Borrowing £62,955 and repaying over 25 years with a 2.5% interest rate.
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Entrance Hall
Living Room
10'6" x 17'2" (3.20m x 5.23m)
Dining Room
9'5" x 12'5" (2.87m x 3.78m)
Study
7'9" x 8'6" (2.36m x 2.60m)
Kitchen
9'8" x 13'3" (2.95m x 4.04m)
Bedroom 1
12'0" x 12'9" (3.66m x 3.89m)
Bathroom
6'0" x 5'8" (1.83m x 1.73m)
The pin shows the exact address of the property
Energy Efficiency Rating
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Current
69Potential
87CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs