Portfolio of Properties, 357 Weelsby Street, Grimsby, DN32 8BN

BEING SOLD BY SECURE SALE ONLINE BIDDING. Terms and Conditions apply. STARTING BID £170,000 An excellent opportunity for investors to acquire a fully tenanted residential portfolio comprising three freehold properties and four individual dwellings, offered for sale as a single lot by auction with a starting bid of £170,000. The portfolio comprises two three-bedroom terraced houses at 357 and 367 Weelsby Street, together with a substantial property at 189 Hainton Avenue which has been divided to provide two self-contained one-bedroom flats. The properties occupy established residential locations within Grimsby, conveniently placed for local shops, schools, amenities, public transport links and the town centre. 357 Weelsby Street, registered under Freehold Title HS263278, is a three-bedroom terraced house currently let at £475 per calendar month. The tenancy is presently subject to rent arrears, although Universal Credit payments of £395 per month are paid directly to the managing agent, with the remaining balance payable by the tenant. 367 Weelsby Street, registered under Freehold Title HS308699, provides a further three-bedroom terraced house. The property is currently let at £520 per calendar month and the rental account is understood to be up to date. 189 Hainton Avenue, registered under Freehold Title HS59121, has been divided into two self-contained one-bedroom flats. Both flats are described as being in good general condition and are currently let at £425 per calendar month each, with both rental accounts understood to be up to date. Japanese knotweed has been identified at this property and a quotation of £2,800 has been obtained for a treatment plan, with further information to be made available within the auction legal pack. The existing rents are understood not to have been reviewed or increased recently and therefore offer potential for future rental growth. It is estimated that, in their present location and condition, the Weelsby Street houses could each command a rent in the region of £600 per calendar month, while the flats at 189 Hainton Avenue could each achieve approximately £500 per calendar month. Subject to the terms of the existing tenancies, the appropriate statutory procedures and prevailing market conditions, this would provide a potential combined rental income of approximately £2,200 per calendar month or £26,400 per annum. The portfolio currently generates a combined passing rent of £1,845 per calendar month, equivalent to £22,140 per annum, representing a gross yield of approximately 13.0% against the starting bid. If the estimated rental values were achieved, the potential gross yield would increase to approximately 15.5%. Prospective purchasers should satisfy themselves regarding the tenancy documentation, rental accounts, estimated rental values, condition of the properties, status of the flat conversion and proposed Japanese knotweed treatment plan by inspecting the auction legal pack before bidding. EPC Rating: C

357 Weelsby Street Entrance hall, living room, sitting room, kitchen, rear lobby, bathroom, 3 bedrooms and gardens to front and rear.

367 Weelsby Street Entrance porch, through living room, kitchen, bathroom, first floor landing and 3 bedrooms.

Ground Floor Flat 189 Hainton Avenue Entrance hall, living room, lobby, bedroom, kitchen and bathroom.

First Floor Flat 189 Hainton Avenue First floor landing, living room, bedroom, kitchen, bathroom and gardens to front and rear.

Selective Licensing The two properties on Weelsby Street have been identified as being within a Selective Licensing area. Whilst every endeavour has been made to ensure this information is correct, landlords are advised to contact North East Lincolnshire Council to confirm the position and to ensure compliance with any applicable regulations.

Broadband & Mobile Phone Coverage Please use the following link to check the mobile phone and broadband coverage for this property.

Services We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.

Council Tax Band A (Each Property) This information was obtained on the 20th July 2026 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation. Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See

Auctioneers Additional Information Pattinson Auction (“Auctioneer”) and the Marketing Agent conduct this transparent online auction under conditional (Modern) or unconditional (Traditional) terms. Viewings are by appointment through either party. Bid via the Agent or Auctioneer’s website at any time, anywhere. Enquiries, bids or viewings require your details to be shared between both parties. Bidders/buyers must complete identity checks required by AML law. The Legal Pack, available on request, sets out documents, buyer obligations and seller commitments. Obtain a solicitor’s advice before buying property or land. On exchange, the bidder must pay a non-refundable 5% deposit towards the price. A non-refundable reservation fee of up to 6% including VAT (minimum £6,000 including VAT) is payable, in addition to the price, and may affect SDLT liability. Either party may refer details to third-party suppliers and receive a referral fee. You are not obliged to use them.

Property Management Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail ( ) for some informal advice. Further information is also available on our website at

Property To Sell Do you have a property to sell? For professional valuation advice, contact our Grimsby Office ). One of our experienced valuers will be happy to provide a free marketing appraisal of your property.

Surveys Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors. To discuss your survey needs, please contact our Survey Department on .

Sources Of Useful Information Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.

Mortgage Advice Mortgage Advice Bureau works with Jackson, Green & Preston Estate Agents to provide expert mortgage and protection advice. With access to over 12,000 mortgages from more than 90 lenders, they can help find a suitable mortgage, explain your options, recommend appropriate protection and manage the application process. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The amount payable will depend on your circumstances. The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed. Mortgage Advice Bureau is a trading name of Brook Financial Services Limited, an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited, which are authorised and regulated by the Financial Conduct Authority.

Disclaimer Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only. They have been prepared in good faith and they are not intended to constitute part of an offer of contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.