# 3 bedroom end of terrace house for sale (DN32 7JU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 313 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE DN32 7JU |
| Price | £75,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Council tax | A |
| Last sold | £72,000 Jul 2025 |

## Description

This spacious three-bedroom end-terraced house offers an exciting opportunity for buyers looking to create their dream home or for investors seeking a rental property. Situated on Wellington Street, Grimsby, the property benefits from a convenient location close to local amenities & schools.

This spacious three-bedroom end-terraced house offers an exciting opportunity for buyers looking to create their dream home or for investors seeking a rental property. Situated on Wellington Street, Grimsby, the property benefits from a convenient location close to local amenities, schools catering to all age groups, and regular public transport links.

Inside, the property boasts generous living spaces throughout. The ground floor features an entrance hall leading to a through lounge with a traditional bay window that floods the space with natural light. A 16ft kitchen diner offers plenty of potential for modernisation and provides ample room for dining and entertaining. Beyond the kitchen, there is a rear lobby and a bathroom.

Upstairs, the property comprises three well-proportioned double bedrooms and an additional shower room, offering versatile accommodation to suit a range of needs.

Externally, the house includes a low-maintenance front yard and a rear garden that presents a blank canvas, ready for new owners to design their ideal outdoor retreat.

With no forward chain, this property is an excellent choice for buyers eager to make their mark. Investors will also be drawn to the potential rental yield, with an estimated annual income of £7,140 (subject to compliance with current legislation).

Property may be suitable for conversion to two flats subject to any necessary planning consents.

Don’t miss the chance to explore the possibilities this property offers—schedule a viewing today!

## Property Photos

- ![Front Elevation](/listings/photos/156193928/288940) - Front Elevation
- ![Lounge](/listings/photos/156193928/288941) - Lounge
- ![Kitchen Diner](/listings/photos/156193928/288942) - Kitchen Diner
- ![Rear Of Lounge](/listings/photos/156193928/288943) - Rear Of Lounge
- ![Lounge](/listings/photos/156193928/288944) - Lounge
- ![Entrance Hall](/listings/photos/156193928/288945) - Entrance Hall
- ![Kitchen](/listings/photos/156193928/288946) - Kitchen
- ![Kitchen](/listings/photos/156193928/288947) - Kitchen
- ![Bathroom](/listings/photos/156193928/288948) - Bathroom
- ![Bedroom 1](/listings/photos/156193928/288949) - Bedroom 1
- ![Bedroom 1](/listings/photos/156193928/288950) - Bedroom 1
- ![Bedroom 2](/listings/photos/156193928/288951) - Bedroom 2
- ![Bedroom 3](/listings/photos/156193928/288952) - Bedroom 3
- ![Shower Room](/listings/photos/156193928/288953) - Shower Room
- ![Shower Room](/listings/photos/156193928/288954) - Shower Room
- ![Rear Elevation](/listings/photos/156193928/288955) - Rear Elevation
- ![Rear Elevation](/listings/photos/156193928/288956) - Rear Elevation
- ![Rear Garden](/listings/photos/156193928/288957) - Rear Garden
- ![Front Elevation](/listings/photos/156193928/288958) - Front Elevation
- ![Front Elevation](/listings/photos/156193928/288959) - Front Elevation

## Floorplans

- ![Floorplan](/listings/photos/156193928/288960) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/156193928/288961) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 313 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JU | £72,000 | 14/07/2025 | Terraced |
| 313 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JU | £52,250 | 23/06/2005 | Terraced |
| 313 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JU | £52,250 | 16/09/2004 | Terraced |
| 313 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JU | £29,000 | 07/02/2002 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 353 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JT | £74,500 | 23/01/2026 | Terraced |
| 211 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JN | £70,000 | 08/01/2026 | Terraced |
| 221 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JN | £75,000 | 16/12/2025 | Terraced |
| 147 STANLEY STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7LJ | £41,000 | 16/12/2025 | Terraced |
| 163 RUTLAND STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7ND | £55,000 | 12/12/2025 | Terraced |
| 394 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JS | £85,500 | 08/12/2025 | Terraced |
| 95 RUTLAND STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7NF | £50,000 | 03/12/2025 | Terraced |
| 132 STANLEY STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7LL | £48,000 | 01/12/2025 | Terraced |
| 41 HAROLD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7NB | £62,000 | 07/11/2025 | Terraced |
| 132 CASTLE STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7LA | £82,000 | 12/08/2025 | Terraced |
| 326 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JR | £50,245 | 29/07/2025 | Terraced |
| 280 WEELSBY STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JW | £59,000 | 07/07/2025 | Terraced |
| 57 TUNNARD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7NA | £50,000 | 28/05/2025 | Terraced |
| 110 HAROLD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7NQ | £52,500 | 06/02/2025 | Terraced |
| 303 WEELSBY STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8AB | £58,000 | 05/02/2025 | Terraced |
| 161 CASTLE STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7LB | £46,000 | 21/12/2023 | Terraced |
| 72 TUNNARD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7LY | £40,000 | 19/12/2023 | Terraced |
| 55 ROBERTS STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8AW | £63,000 | 12/12/2023 | Terraced |
| 134 RUTLAND STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7NE | £50,000 | 03/11/2023 | Terraced |
| 280 WEELSBY STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JW | £53,000 | 27/10/2023 | Terraced |
| [Same street] 325 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JU | £66,000 | 23/02/2023 | Terraced |
| [Same street] 323 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JU | £61,000 | 15/06/2022 | Terraced |
| [Same street] 323 WELLINGTON STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 7JU | £60,000 | 07/07/2021 | Terraced |

**Street average:** £62,333 (3 sales)
**Area average:** £58,237 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £75,693 (94 Terraced, DN32, 2024–2026)
- **Deviation:** -0.9%

## Rental Range

*ONS Price Index of Private Rents (North East Lincolnshire). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £556/mo
- **Realistic:** £618/mo
- **Optimistic:** £680/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Grimsby (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £520/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Durban Road, DN32 | £675/mo | 3 | 0.19 miles | OpenRent |
| 3 Bed Terraced House, Eleanor St, DN32 | £715/mo | 3 | 0.21 miles | OpenRent |
| 3 Bed Terraced House, Durban Road, DN32 | £615/mo | 3 | 0.24 miles | OpenRent |
| 3 Bed Terraced House, Cooper Road, DN32 | £2,400/mo | 3 | 0.27 miles | OpenRent |
| 3 Bed Maisonette, Clerke, DN35 | £695/mo | 3 | 0.3 miles | OpenRent |
| 3 Bed Terraced House, Humberstone Road, DN32 | £750/mo | 3 | 0.34 miles | OpenRent |
| 3 Bed Terraced House, Daubney St, DN35 | £695/mo | 3 | 0.35 miles | OpenRent |
| 3 Bed Flat, Freeman St, DN32 | £640/mo | 3 | 0.45 miles | OpenRent |

**Average rent: £898/mo (8 listings)**

## 1% Rule

- **Rent ratio:** 0.93% (okay)
- **Max investor price (0.8%):** £86,875
- **Target investor price (1%):** £69,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £695/mo).*

- **Gross yield:** 11.1%
- **Cost-to-rent:** 9×
- **Monthly cashflow:** £305/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 16.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -5.8%
- **10y growth:** 26%

## House Price Index (HM Land Registry)

*Official index for North East Lincolnshire; Terraced series; as of March 2026.*

- **1y growth (index):** 0.2%
- **5y growth (index):** 17.8%
- **10y growth (index):** 45.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)