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For sale
£45,000Offers in region of

Gf Wellington Street, Grimsby, DN32 7JP

2bedrooms
1bathroom
Ground Flattype
Leaseholdtenure

Listed 29 Jul 2026 · Grimsby

How the price compares

This home£45,000
Median 2 bed in DN32£70k46 homes listed · £97 per sq ft
Difference-36%below the area median

Key features

  • Possible two bedroom ground floor flat
  • Ideal investment or first time property purchase with the current tenant paying £450pcm (12% yield)
  • Tenure - Freehold for the building including within the sale
  • Gas central heating and double glazing
  • Communal hall, hallway, lounge, bedroom, bathroom, dining kitchen and finally 2nd sitting room or bedroom
  • Shared front and rear gardens
  • No forward chain on the vendors side
  • Energy performance rating C and Council tax band A

About this home

Crofts Estate Agents are delighted to offer to the market this excellent investment opportunity, comprising a spacious one/two-bedroom ground floor flat together with the freehold of the building. Offered for sale with no forward chain, this is a rare chance to acquire both the property and the freehold, making it an attractive proposition for both seasoned and first-time investors.The property has been successfully operated as a buy-to-let for a number of years and is currently tenanted, with the existing tenant keen to remain in occupation, providing an immediate rental income of £450 per calendar month, representing an impressive gross yield of approximately 12%.Well maintained throughout, the accommodation briefly comprises a communal entrance hall, private hallway, comfortable lounge, double bedroom, bathroom, spacious dining kitchen and a versatile second reception room, which could equally serve as a second bedroom, home office or dining room to suit individual requirements. Outside, there is a shared rear garden.With the added benefit of the freehold included in the sale, an established tenant in situ and no forward chain, this is a superb turnkey investment offering excellent value and immediate income potential. Early viewing is highly recommended.

Communal Hallway Entrance door to the front elevation. Access to the two flats.

Ground floor flat hallway With tiled flooring and a dado rail to the walls.

Lounge 14' 1'' x 11' 8'' (4.303m x 3.556m) uPVC double glazed window to the front elevation. Laminate wood flooring. Gas central heating radiator. Electric fire with wooden surround with tiled backing.

Bedroom One 12' 4'' x 9' 11'' (3.753m x 3.016m) uPVC double glazed window to the rear elevation. Laminate wood flooring. Gas central heating radiator.

Bathroom 5' 9'' x 6' 6'' (1.747m x 1.981m) uPVC double glazed window to the side elevation. The bathroom is equipped with a white suite comprising panelled bath, close coupled w.c and a pedestal wash hand basin. Splashback tiling. Gas central heating radiator.

Kitchen/Diner 14' 11'' x 9' 5'' (4.547m x 2.877m) maximums With double glazed window and entrance door to the side elevation the kitchen offers a range of fitted wall and base units with contrasting roll edged work surfacing with inset one and a half stainless steel sink and drainer. Splashback tiling. Gas cooker point. Plumbing for an automatic washing machine. Wall mounted Ideal Logic gas boiler. Gas central heating radiator. Tiled flooring.

Sitting or second bedroom 8' 6'' x 8' 6'' (2.601m x 2.595m) This versatile room has been used as a small sitting room or second bedroom in the past and has two uPVC double glazed windows to the rear elevation. Gas central heating radiator. Tiled flooring.

Outside The property benefits from shared front and rear gardens.

Property details

Property type
Ground Flat
Council tax band
A
Tenure
Leasehold
Garden
Yes

Floorplan

Floorplan 1

Location

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  • New Clee Station0.5 mi
  • Grimsby Docks Station0.6 mi
  • Grimsby Town Station0.9 mi

What nearby homes sold for

Median sold prices in DN32 over the last 12 months: terraced £86k · semi-detached £177k · detached £290k · flat £74k.

AddressTypeSoldPrice
260 Wellington Street
Grimsby DN32 7JP
Terraced
Freehold
14 Jul 2026£42,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DN32

Buying costs

Monthly repayment£225£4,500 deposit · £40,500 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Crofts Estate Agents, Cleethorpes on Rightmove (original listing). First listed 29 Jul 2026; details checked 7 Nov 2026. Latest change: added on 29/07/2026.

Agent disclaimer

Disclaimer - Property reference 4160954. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Crofts Estate Agents, Cleethorpes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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