# 2 bedroom terraced house for sale (DN31 2PD) ## Property Details | Key | Value | |-----|-------| | Address | 39 HAVEN AVENUE, GRIMSBY, NORTH EAST LINCOLNSHIRE DN31 2PD | | Price | £50,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Construction age | England and Wales: 1900-1929 | | Floor area | 85 m² | | Last sold | £52,000 May 2016 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 22/05/2024 — **EXPIRED** (no longer valid for marketing or letting) - **Current heating cost:** £797/year - **Est. upgrade cost to C:** £29,520 ### Recommendations - Q (£4,000 - £14,000) - W (£800 - £1,200) - E (£20) - G (£350 - £450) - I (£2,200 - £3,000) - N (£4,000 - £6,000) - U (£9,000 - £14,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0719-2807-7056-9224-7361) ## Description ::: Another Sale Agreed by The Proactive Agent! ::: A two bedroom mid terrace house situated in a popular residential area within walking distance of the town centre. Overlooking the River Freshney to the front this conveniently located property would make an excellent first purchase or buy to let investor property. The tastefully decorated accommodation briefly comprises lounge opening to dining room, spacious fitted kitchen and sun room. To the first floor there are two bedrooms and a bathroom with both bath and shower cubicle. Having an enclosed garden to the rear. Viewing recommended. ## Property Photos - ![Photo 1](/listings/photos/53505586/1064027) - Photo 1 - ![Photo 6](/listings/photos/53505586/1064031) - Photo 6 - ![Photo 7](/listings/photos/53505586/1064034) - Photo 7 - ![Photo 4](/listings/photos/53505586/1064036) - Photo 4 - ![Photo 8](/listings/photos/53505586/1064039) - Photo 8 - ![Photo 9](/listings/photos/53505586/1064041) - Photo 9 - ![Photo 11](/listings/photos/53505586/1064045) - Photo 11 - ![Photo 12](/listings/photos/53505586/1064048) - Photo 12 - ![Photo 13](/listings/photos/53505586/1064050) - Photo 13 - ![Photo 15](/listings/photos/53505586/1064053) - Photo 15 - ![Photo 14](/listings/photos/53505586/1064054) - Photo 14 - ![Photo 2](/listings/photos/53505586/1064056) - Photo 2 - ![Photo 3](/listings/photos/53505586/1064058) - Photo 3 - ![Photo 5](/listings/photos/53505586/1064059) - Photo 5 - ![Photo 10](/listings/photos/53505586/1064060) - Photo 10 ## EPC Graphs - ![EPC GRAPH](/listings/photos/53505586/1064062) - EPC GRAPH ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 39 HAVEN AVENUE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PD | £52,000 | 16/05/2016 | 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 | |---------|-------|------|------| | 171 CORPORATION ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PY | £76,000 | 19/12/2025 | Terraced | | 151 CORPORATION ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PY | £56,000 | 17/12/2025 | Terraced | | 29 RICHARD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PE | £67,000 | 12/12/2025 | Terraced | | 57 ARTHUR STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2HT | £83,000 | 28/11/2025 | Terraced | | 60 LORD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2NE | £71,000 | 11/09/2025 | Terraced | | 64 LIME STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2HJ | £68,000 | 28/02/2025 | Terraced | | 53 HAVEN AVENUE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PB | £58,000 | 01/12/2023 | Terraced | | 3 VERE TERRACE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PH | £120,000 | 09/11/2023 | Terraced | | 1 HAVEN TERRACE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PQ | £80,000 | 30/10/2023 | Terraced | | 70 ARTHUR STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2HT | £64,000 | 29/09/2023 | Terraced | | 4 ARTHUR STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2HS | £56,750 | 06/09/2023 | Terraced | | 30 YORK STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 1TR | £76,000 | 01/09/2023 | Terraced | | 14 RICHARD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PE | £62,000 | 31/08/2023 | Terraced | | 81 ARTHUR STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2HT | £70,500 | 31/07/2023 | Terraced | | 18 ARTHUR STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2HS | £52,000 | 14/07/2023 | Terraced | | 159 CORPORATION ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PY | £39,999 | 31/05/2023 | Terraced | | 64 ARTHUR STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2HT | £60,000 | 28/04/2023 | Terraced | | 50 HAVEN AVENUE, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2PB | £60,000 | 24/04/2023 | Terraced | | 180 LORD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2NJ | £60,000 | 18/04/2023 | Terraced | | 136 LORD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 2NQ | £75,000 | 18/04/2023 | Terraced | **Area average:** £67,762 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £72,557 (48 Terraced, DN31, 2024–2026) - **Deviation:** -31.1% ## 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):** £479/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 | |------|------|------|------|------| | 2 Bed Flat, Princes Avenue, DN31 | £500/mo | 2 | 0.37 miles | OpenRent | **Average rent: £500/mo (1 listing)** ## 1% Rule - **Rent ratio:** 1% (strong) - **Max investor price (0.8%):** £62,500 - **Target investor price (1%):** £50,000 *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 £500/mo).* - **Gross yield:** 12% - **Cost-to-rent:** 8.3× - **Monthly cashflow:** £228/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 18.9% *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:** £588/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 5% - **10y growth:** 29.1% ## House Price Index (HM Land Registry) *Official index for North East Lincolnshire; Terraced series; as of April 2026.* - **1y growth (index):** 1.7% - **5y growth (index):** 19.1% - **10y growth (index):** 44.6% ## 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)