# 3 bedroom terraced house for sale (DN32 9EF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 4 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE DN32 9EF |
| Price | £45,000 |
| Bedrooms | 3 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 86 m² |
| Last sold | £40,000 Oct 2014 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 24/03/2036
- **Est. upgrade cost to C:** £18,380

### Recommendations
- Q (£7,500 - £11,000)
- E (£120 - £140)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2318-9581-5713-8141-5146)

## Description

A fantastic opportunity for a first time buyer or investors , situated on Ladysmith road off Weelsby road and within easy reach of local amenities. Briefly comprising of three bedrooms, kitchen, lounge, sitting room and enclosed rear garden. This property is offered with no onward chain.

**Front garden**

The front garden has low walls to the front boundary and neighbouring properties and is concreted for easy maintenance with access via a wrought iron gate.

**Entrance**

Entrance is via a wooden door with fan light to the inner porch and a further wooden bow fronted door with obscured glass to the hall. Having central heating radiator and door leading to the sitting room and stairs to the first floor.

**Sitting Room**

3.02m (9' 11") x 3.45m (11' 4")

A light and airy sitting room with Upvc window to the front elevation and wooden glass panelled double sliding doors with fan light leading to the lounge, High shelving on two sides and central heating radiator.

**Lounge**

3.71m (12' 2") x 2.84m (9' 4")

Leading from the sitting room via double sliding doors there is a coal effect gas fire with tiled inset and decorative surround, Upvc window to the rear elevation, open under stairs storage area and central heating radiator.

**kitchen**

2.72m (8' 11") x 2.69m (8' 10")

Upvc window to the side elevation, sliding wooden door with obscured glass leading to the lobby area, having a range of wall and base units with a steel sink and drainer, mixer taps, central heating radiator, thermostat, boiler situated on the wall, space for fridge freezer, washing machine and cooker

**Lobby**

1.04m (3' 5") x 1.68m (5' 6")

Upvc door to the side elevation leading to the rear garden, storage cupboards and door leading to shower room.

**Shower Room**

1.37m (4' 6") x 2.74m (9' 0")

Upvc window to the rear elevation, vinyl flooring, central heating radiator, pedestal wash hand basin, low flush WC, shower cubical with electric shower, hand rail and pull down seat.

**First Floor Landing**

Split level landing, one step down to bedroom 3 then one step up for a further two bedrooms, loft access and storage cupboard.

**Bedroom 1**

3.45m (11' 4") x 3.76m (12' 4")

Upvc window to the front elevation, two wardrobes built in to the alcove both with double doors.

**Bedroom 2**

3.71m (12' 2") x 2.41m (7' 11")

Upvc window to the rear elevation, wardrobe built in to the alcove with double doors

**Bedroom 3**

2.74m (9' 0") x 3.93m (12' 11")

Upvc window to the rear elevation, central heating radiator, loft access, pitched ceiling and two built in wardrobes.

**Rear Garden**

Stepping out on to a paved area you have iron gated access with a path leading to the far end where you will find a timber constructed shed as well as a rear gate, the rest of the garden is predominately laid to lawn with walls to the boundaries.

**Tenure**

We believe the property to be FREEHOLD and are awaiting formal confirmation. All interested parties are advised to make their own enquires.

**Services**

All main services are available. The agents have not inspected or tested any of the services or service installations and purchasers should rely on their own survey.

**Viewings**

By prior appointment with Hunters office in Grimsby 01472 362020.

**Details**

Details Prepared August 2014

## Property Photos

- ![Front Elevation](/listings/photos/32471589/404002) - Front Elevation
- ![Lounge](/listings/photos/32471589/404003) - Lounge
- ![Sitting Room](/listings/photos/32471589/404004) - Sitting Room
- ![Kitchen](/listings/photos/32471589/404005) - Kitchen
- ![Bedroom Two](/listings/photos/32471589/404006) - Bedroom Two
- ![Bedroom One](/listings/photos/32471589/404007) - Bedroom One
- ![Rear Garden](/listings/photos/32471589/404009) - Rear Garden
- ![EPC](/listings/photos/32471589/404012) - EPC

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EF | £40,000 | 29/10/2014 | 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 |
|---------|-------|------|------|
| 10 BULLER STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8BL | £85,000 | 16/12/2025 | Terraced |
| 313 CONVAMORE ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9HY | £75,000 | 21/11/2025 | Terraced |
| 450 WEELSBY STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8DJ | £72,500 | 19/11/2025 | Terraced |
| 46 COOPER ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8DF | £63,000 | 24/09/2025 | Terraced |
| 306 CONVAMORE ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9HY | £53,000 | 29/08/2025 | Terraced |
| 73 ELEANOR STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8AF | £36,000 | 21/08/2025 | Terraced |
| [Same street] 10 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EF | £65,000 | 11/07/2025 | Terraced |
| 260 CONVAMORE ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9HY | £72,500 | 25/04/2025 | Terraced |
| 31 EDWARD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9HJ | £65,000 | 18/02/2025 | Terraced |
| 260 CONVAMORE ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9HY | £35,000 | 03/02/2025 | Terraced |
| 83 EDWARD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9HL | £58,000 | 06/12/2024 | Terraced |
| 33 JULIAN STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8BG | £39,000 | 14/12/2023 | Terraced |
| 242 CONVAMORE ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9HX | £66,500 | 16/11/2023 | Terraced |
| 42 COOPER ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8DF | £92,950 | 30/10/2023 | Terraced |
| 449 WEELSBY STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8BE | £79,000 | 20/10/2023 | Terraced |
| 84 DURBAN ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8BA | £60,000 | 16/10/2023 | Terraced |
| 12 BULLER STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8BL | £78,000 | 29/09/2023 | Terraced |
| 293 CONVAMORE ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9HY | £44,000 | 29/09/2023 | Terraced |
| 71 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EG | £62,000 | 21/09/2023 | Terraced |
| [Same street] 34 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EF | £30,000 | 15/09/2023 | Terraced |
| [Same street] 34 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EF | £25,000 | 15/09/2023 | Other |
| [Same street] 31 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EF | £43,500 | 06/09/2023 | Terraced |
| 62 BULLER STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 8BW | £77,000 | 04/09/2023 | Terraced |
| 207 CONVAMORE ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9HU | £68,000 | 01/08/2023 | Terraced |
| [Same street] 5 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EF | £72,000 | 23/06/2023 | Terraced |
| [Same street] 1 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EF | £109,000 | 08/11/2022 | Terraced |
| [Same street] 22 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EF | £75,000 | 22/07/2022 | Terraced |
| [Same street] 25 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9EF | £46,000 | 04/03/2022 | Terraced |

**Street average:** £58,188 (8 sales)
**Area average:** £64,073 (20 sales)

## Price vs local average

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

- **Local average:** £76,096 (95 Terraced, DN32, 2024–2026)
- **Deviation:** -40.9%

## 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, Eleanor St, DN32 | £715/mo | 3 | 0.17 miles | OpenRent |
| 3 Bed Terraced House, Fairmont Road, DN32 | £800/mo | 3 | 0.29 miles | OpenRent |

**Average rent: £758/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 1.68% (strong)
- **Max investor price (0.8%):** £94,750
- **Target investor price (1%):** £75,800

*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 £758/mo).*

- **Gross yield:** 20.2%
- **Cost-to-rent:** 5×
- **Monthly cashflow:** £480/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 44.1%

*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).*

## Price per Square Metre

- **£/m²:** £523/m²

## Capital growth trend

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

- **5y growth:** -4.5%
- **10y growth:** 24.6%

## 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)