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1 bed property, in Welholme Road, £53,000
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1 bed flat

Welholme Road, Grimsby, DN32
£53,000
-11.7%

Price History

Initial price £60,000
Oct 16, 2025 £59,500
Oct 21, 2025 £58,500
Nov 1, 2025 £56,000
Dec 4, 2025 £55,000
Dec 19, 2025 £53,000
Jan 17, 2026 £60,000
Jan 29, 2026 £58,000
Jan 30, 2026 £58,000
Feb 7, 2026 £56,000
Feb 8, 2026 £56,000
Feb 11, 2026 £54,000
Feb 19, 2026 £62,000
Feb 20, 2026 £62,000
Feb 21, 2026 £60,000
Mar 2, 2026 £55,000
Mar 5, 2026 £53,000
Mar 7, 2026 £51,000
Mar 8, 2026 £51,000
Mar 14, 2026 £49,000
Mar 18, 2026 £57,000
Mar 23, 2026 £55,000
Apr 2, 2026 £53,000
Price Change -11.7%

Our Summary

  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

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Description

This 1-bedroom flat in Grimsby is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a large bedroom, spacious lounge, fully-equipped kitchen, and expansive garden spaces. Currently, the property generates an annual gross income of £4,620 with tenants already situated, making it a worthwhile addition to an investor's portfolio.

The tenants have been consistently paying their rent for several years and have no plans to move out, ensuring a smooth transition for the new buyer. With its proximity to valuable amenities and potential for future rental income, this property is a great option for investors looking for a reliable and profitable investment.