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
- Popular residential location close to the town centre
- Lounge, separate sitting/dining room and entrance hall
- Smart fitted kitchen with modern units
- Ground floor W.C. and modern first-floor bathroom
- Tenant in situ paying £475 per calendar month
- ERV £575–£600pcm with potential yield of approx. 11.5%–12%
- Offered for sale by auction with a £60,000 starting bid
An attractive buy-to-let investment opportunity offered for sale by auction, located on Haycroft Street in a well-established residential area of Grimsby. The property is well positioned for the town centre, local shops, amenities and public transport links, underpinning strong and consistent rental demand.
The accommodation is well presented throughout and comprises an entrance hall, lounge, separate sitting/dining room, a smart fitted kitchen with modern units, rear lobby and a ground floor W.C. To the first floor are two well-proportioned bedrooms and a modern bathroom. The property benefits from modern décor, offering a clean and contemporary finish.
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). Comparable properties of this type and location would typically command rents in the region of £575–£600 per calendar month, indicating clear scope for rental growth, subject to statutory requirements.
With a starting bid price of £60,000, the current rent reflects a gross yield of approximately 9.5%. On reversion to market rent, the potential gross yield increases to approximately 11.5%–12.0%, making this a particularly attractive investment proposition.
The property is offered for sale by auction and would make a strong addition to an existing portfolio.
Rooms
Ground Floor
Living Room
3.71m into chimney recess x 3.03m - With laminate flooring, coving, radiator, uPVC double glazed window unit and uPVC double glazed entrance door.
Inner Hallway
With stairs to first floor accommodation.
Sitting Room 3.7m x 3.65m
With laminate flooring. Radiator and uPVC double glazed window unit.
Kitchen 3.77m x 2.02m
Partially tiled with a good range of attractive wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven and gas hob. Radiator. uPVC double glazed entrance door and uPVC double glazed window unit.
Inner Lobby
With partially tiled walls. Two uPVC double glazed window units.
W.C.
With low-flush w.c. and a uPVC double glazed window unit.
First Floor
Landing
Bedroom 1
3.71m into chimney recess x 3.05m - With picture rail. Radiator and uPVC double glazed window unit.
Bedroom 2 2.75m x 2.55m
With picture rail. Radiator and uPVC double glazed window unit.
Bathroom
Fitted with an attractive white three piece suite comprising panelled bath, pedestal basin and low-flush w.c. Gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.
Gardens
The property has a yard to the rear.
Tenancy
The property is currently let at a rent of £475 per calendar month and the tenants are wishing to remain. There is scope for an increase in the passing rent.
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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