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For sale
£52,500

Wellowgate, Grimsby, DN32 0RA

2bedrooms
1bathroom
Flattype
Freeholdtenure

Listed 18 Sept 2026 · Grimsby

How the price compares

This home£52,500
Median 2 bed in DN32£70k46 homes listed · £97 per sq ft
Difference-25%below the area median

Key features

  • 2-bedroom first-floor flat
  • Sitting tenant in place
  • Annual rent: £5,280
  • Approximate yield: 10%
  • Consistent rental income
  • New Boiler Installed July 2026
  • Investment opportunity
  • Established tenancy agreement

About this home

(WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH) Two-bedroom first-floor flat with sitting tenant. Annual rent from July £5,808, yielding over 11%. Ideal investment with income in place and reliable ongoing tenancy. EPC Rating: D

Entrance Hallway Entered via a uPVC double glazed frosted front door and complete with a radiator.

Living Room 4.65m x 2.77m With a uPVC double glazed front window, radiator and a timber mantelpiece.

Kitchen 2.18m x 3.25m With a range of wall and base units incorporating a cooker with a four-ring gas hob and extractor, basin with a mixer tap and space and plumbing for other white goods. Complete with partial tiling and a uPVC double glazed front window.

Bedroom 1 4.04m x 1.98m With a uPVC double glazed rear window, radiator and the "Glow Worm" combination boiler (installed July 2026).

Bedroom 2 3.33m x 2.06m With a uPVC double glazed rear window and a radiator.

Bathroom A three piece suite comprising of a bath with an over head shower, pedestal basin and a w.c. Complete with partial tiling and a radiator.

Parking We are advised there is an allocated parking space in the car park to the rear of the property.

Tenure We understand the property is held on a 125 year lease from 6th April 1988 with a ground rent of £10 per annum. All interested parties are advised to make their own enquiries.

Service Charge We understand there is a service charge of £230.65 per annum including insurance (for year 2024/2025), which is managed by Scotts Property LLP. We understand from the vendor that there may be some additional costs for unexpected works. All interested parties are advised to make their own enquiries.

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 This information was obtained on the 28th October 2025 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

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.

Property details

Property type
Flat
Council tax band
A
Tenure
Freehold
Parking
Yes

Floorplan

Floorplan 1

Location

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  • Grimsby Town Station0.1 mi
  • Grimsby Docks Station0.9 mi
  • New Clee Station1.4 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
20 Wellowgate
Grimsby DN32 0RA
Semi-detached
Freehold
12 Mar 2026£47,000
20 Wellowgate
Grimsby DN32 0RA
Other
Freehold
25 Sept 2025£44,000
47a, Wellowgate
Grimsby DN32 0EY
Semi-detached
Freehold
19 Sept 2025£49,000
47 Wellowgate
Grimsby DN32 0EY
Semi-detached
Freehold
29 Jul 2025£83,995
24 Wellowgate
Grimsby DN32 0RA
Other
Freehold
26 Sept 2024£68,500
26a, Wellowgate
Grimsby DN32 0RA
Flat
Leasehold
15 Jul 2024£74,400
15 Wellowgate
Grimsby DN32 0RA
Terraced
Freehold
24 May 2024£120,000

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£263£5,250 deposit · £47,250 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 Jackson Green and Preston, Grimsby on Rightmove (original listing). First listed 18 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 09/06/2026.

Agent disclaimer

Disclaimer - Property reference a2b2b37d-db74-4647-b8fb-97d330a26203. 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 Jackson Green and Preston, Grimsby. 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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