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Macaulay Street, Grimsby, DN31

PROPERTY TYPE

End of Terrace

BEDROOMS

5

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Fully split into two self-contained dwellings, both currently let to long-term tenants
  • Generates a combined annual rental income of £13,104, offering immediate returns
  • Five bedrooms and two bathrooms across the property, providing versatile multi-let potential
  • Rear yard with detached garage accessed via Hume Street, ideal for storage or tenant parking
  • Located in a consistently popular rental area close to Grimsby town centre and key amenities
  • Ideal turnkey investment for new landlords seeking a instant return
  • Attractive portfolio addition for experienced landlords looking for stable, proven rental yield

Description

This substantial five-bedroom, two-bathroom terraced property presents an excellent opportunity for both new and experienced landlords. Currently arranged as two self-contained dwellings and fully tenanted, it offers an immediate and reliable rental income of £13,104 per annum.

Positioned on Macaulay Street in Grimsby, with strong demand for rental accommodation in the area, this is a ready-made investment with no void period concerns and the reassurance of established tenants already in place.

Inside
The property has been thoughtfully divided to create two individual dwellings, each with its own entrance and well-proportioned living spaces. Across both floors, the layout provides a total of five bedrooms, two bathrooms, and generous living areas, making the accommodation versatile and appealing to a wide range of tenants. The ground floor offers spacious reception rooms and kitchens, while the first floor provides comfortable bedrooms and additional bathroom facilities. The arrangement ensures privacy between the two units while maintaining a practical and functional flow throughout.

Outside
To the rear, the property benefits from a garden area along with a garage, which is a valuable asset for storage or parking. The garage is conveniently accessed via Hume Street, adding further practicality and appeal for tenants who require secure off-street space.

Location
Macaulay Street is well placed for access to Grimsby town centre, local shops, schools, and transport links, making it a consistently popular rental location. The area continues to attract long-term tenants due to its convenience and strong community feel. With major employers, amenities, and public transport routes nearby, the property sits in a position that supports stable occupancy and ongoing rental demand.

1

SITTING ROOM

15' 6" x 13' 3" (4.72m x 4.04m)

KITCHEN/DINER

15' 9" x 13' 5" (4.8m x 4.1m)

BEDROOM

13' 9" x 13' 2" (4.2m x 4.01m)

BEDROOM

13' 9" x 12' 6" (4.2m x 3.8m)

BATHROOM

9' 6" x 6' 5" (2.9m x 1.96m)

BEDROOM

9' 10" x 9' 8" (3m x 2.95m)

1A

KITCHEN/DINER

21' 6" x 11' 4" (6.55m x 3.45m)

SITTING ROOM

13' 3" x 11' 4" (4.04m x 3.45m)

BEDROOM

13' 3" x 11' 4" (4.04m x 3.45m)

BATHROOM

8' 11" x 8' 4" (2.72m x 2.54m)

BEDROOM

12' 11" x 11' 4" (3.94m x 3.45m)

Disclaimer

This property comprises two individual dwellings held under a single legal title. Prospective purchasers are strongly advised to make their own enquiries with mortgage lenders and financial advisors prior to submitting an offer, as lending criteria may vary for multi-unit properties. All information provided in this brochure is for guidance only and does not form part of any contract. Buyers should satisfy themselves as to the accuracy of all details and obtain independent legal advice where necessary.

Agents Note to Buyers

Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property. These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees. Buyers should ensure they seek appropriate financial advice and budget accordingly.

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Garage
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Macaulay Street, Grimsby, DN31

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About DDM Residential, Grimsby

Osborne Chambers 25 Osborne Street, Grimsby, DN31 1EY
Industry affiliations:

DDM Residential - The Grimsby Branch

We are the largest independent estate agency in the region for a reason..

Established in 1889, DDM Residential specialises in house sales across the property spectrum ranging from small terraced homes, apartments, new builds and plots of land right through to traditional houses and 'Premier Homes'.

Selling or buying, you are more than likely to be involved in one of the biggest events of your life. Therefore, it is not too much to ask for excellent service from the estate agent representing you.

We are the local experts. Many of us have actually grown up in the areas we work in, offering in-depth knowledge of schools, shops, churches, pubs and restaurants. We walked these streets as children, so we certainly know the good and not so good.

DDM Residential is not a a franchise, and are neither owned by a bank or part of a national chain.

DDM Property Auction The Largest Auction Event in the Region selling over 145 properties a year. We offer properties with a starting bid of £1 and no reserve through to properties achieving over £300,000.

DDM The Letting Centre We manage and act for over 1000 landlord throughout the Region. Our clients range from private, businesses and professional investors through to overseas landlords and members of the armed forces. We employ a dedicated full time team of 7. Most agents charge the same but offer only a fraction of our service. Download a 'Free Guide to Letting' from our website.

DDM Financial Our Mortgage Advisors provide sellers, buyers and retained clients with mortgage, insurance and financial planning advice, helping to ensure that sales proceed smoothly. Re-mortgaging, buy-to-let mortgages, accident sickness and unemployment cover, buildings and contents and life cover are just a few of the products we can help with.

Affordability

Monthly repayments£457
Property: £ 100,000
Deposit: £ 10,000
Interest rate: 4.5%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference GRS260068. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DDM Residential, Grimsby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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