Floorplan
Map
Area stats2 bedroom terraced house for sale
Key information
Features and description
- Immediate "Exchange Of Contracts" Available
- Sold via "Secure Sale"
- Two-bedroom mid-terrace house
- Located just off Lord Street, close to Grimsby town centre
- Entrance hall, lounge and separate sitting/dining room
- Smart fitted kitchen and bathroom with white suite
- Tenant in situ paying £475 per calendar month
- Gross yield of approximately 10.3% at guide price
- Scope for future rental increase
- Offered for sale by auction with a £55,000 starting bid
An excellent buy-to-let investment opportunity offered for sale by auction, located on Arthur Street, just off Lord Street and within close proximity to Grimsby town centre. The property is well positioned for shops, amenities, employment hubs and public transport links, making it a consistently strong location for rental demand.
The property is a two-bedroom mid-terrace house comprising an entrance hall, lounge, separate sitting/dining room, a smart fitted kitchen, rear entrance lobby and a bathroom fitted with a white suite. To the first floor are two well-proportioned bedrooms. Externally, the property benefits from a low-maintenance rear yard.
The property is currently let, with the tenant wishing to remain in occupation, producing an income of £475 per calendar month (£5,700 per annum). There is clear scope for rental growth over time, subject to the usual statutory requirements and market conditions.
Based on the guide price, the current income reflects a strong gross yield of approximately 10.3%, with further upside potential through future rental increases. With a starting bid price of £55,000, this represents an excellent investment opportunity for landlords seeking an immediately income-producing asset close to the town centre.
The property is offered for sale by auction and would make a strong addition to an existing portfolio or an ideal entry-level investment.
Rooms
Ground Floor
Entrance Hall
With uPVC double glazed entrance door, laminate flooring. Stairs to first floor accommodation.
Living Room 4.38m x 2.71m
With laminate flooring. uPVC double glazed window unit.
Sitting Room 3.7m x 3.66m
With coving, dado rail, laminate flooring, radiator and uPVC double glazed window unit.
Kitchen 3.5m x 2.27m
Partially tiled and fitted with a good selection of wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, gas hob. Breakfast bar. Gas fired central heating combination boiler. Plumbing for washing machine and uPVC double glazed window unit.
Rear Entrance Lobby
With uPVC door.
Bathroom
Fitted with a white three piece suite comprising panelled bath with mixer tap and shower attachment, pedestal basin and low-flush w.c. Radiator and uPVC double glazed window unit.
First Floor
Bedroom 1
3.78m into chimney recess x 3.44m - With storage cupboard. Radiator and uPVC double glazed window unit.
Bedroom 2 3.74m x 3.69m
With radiator and uPVC double glazed window unit.
Gardens
The property has gardens to rear.
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 10th February 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 Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti (truncated)
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 their clients with expert mortgage and protection advice. We have access to over 12,000 mortgages from 90+ lenders so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our customers have access to the latest deals available and receive a first-class service. We will take care of everything from explaining all of your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole 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 actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
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