Guide price
£40,000
2 bed terraced house for saleStanley Street, Grimsby, Lincolnshire DN32
2 beds
1 bath
2 receptions
EPC Rating: D
About this property
For Sale by Modern Auction – T & c’s apply
Subject to Reserve Price
Buyers fees apply
The Modern Method of Auction
Two bedroom mid-terraced house
Two spacious reception rooms
Both bedrooms are doubles
Front and rear gardens
Strong refurbishment and value-add potential
Indicative rent £575 per month
The kitchen runs along the rear of the house with fitted base and wall units, timber-effect worktops and tiled splashbacks, but requires flooring and further works to modernise. Upstairs are two double bedrooms and a family bathroom with bath, WC and wash basin. Both front and rear gardens are modest in size, with the rear offering scope to create a low-maintenance courtyard-style outdoor area. The property requires comprehensive renovation throughout, making it suitable for buyers looking for a project or landlords seeking to add value, with an indicative rental income of around £575 per calendar month and a stated gross yield of 16.8%. EPC rating D and Council Tax Band A.
Stanley Street is well placed for Grimsby town centre amenities, including shops, cafés and supermarkets, as well as nearby Grant Thorold Park and People’s Park for green space. Local primary and secondary schools are accessible within the surrounding residential area. Grimsby Town railway station is approximately five minutes’ drive, offering services to Manchester, Sheffield and Lincoln, with connections to the wider rail network. Regular bus routes run along nearby main roads, providing convenient links across the town and to Cleethorpes seafront.
Important Note to Potential Purchasers & Tenants:
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 traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
GRI260413/8
For Sale Via Modern Auction
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would (truncated)
Main Accommodation
Entrance Porch
Living Room (3.76m x 3.2m (12' 4" x 10' 6"))
Dining Room (4.5m x 3.76m (14' 9" x 12' 4"))
Kitchen (3.48m x 2.26m (11' 5" x 7' 5"))
First Floor Landing
Bedroom 1 (3.76m x 3.2m (12' 4" x 10' 6"))
Bedroom 2 (3.5m x 2.87m (11' 6" x 9' 5"))
Bathroom (3.5m x 2.26m (11' 6" x 7' 5"))
Garden
Mortgage calculator
£200 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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