181 Roberts Street, Grimsby, Lincolnshire

Property Overview

181 Roberts Street, Grimsby, Lincolnshire. A three-bedroom mid-terrace house offered freehold, with scope for investment and development subject to the necessary consents. The property has an EPC rating of D and is within North East Lincolnshire Council Tax Band A.

Accommodation

• Ground floor: Lounge through dining room; breakfasting room through kitchen.
• First floor: Bedroom 1; bedroom 2; bedroom 3; family bathroom.
• Outside: Rear garden.

Location

Located on the central Roberts Street in Grimsby, with access to the town centre, facilities and amenities. Grimsby also provides access to the seafront, Cleethorpes, the City of Hull and the M180 road network.

Tenure & Key Information

• Tenure: Freehold.
• Occupancy status: Not supplied.
• EPC: Current Rating D.
• Council Tax: North East Lincolnshire Council – Band A.
• Parking and heating details: Not supplied.
• Services: Interested parties should make their own enquiries with the relevant authorities regarding service availability. Services, apparatus and equipment have not been tested by Auction House and cannot be verified as being in working order.

Auction & Buyer Charges

• Auction date: 05 October 2026 at 13:00.
• Guide price: £40,000–£50,000, plus fees.
• Buyer premium: £1,440 including VAT, payable on exchange of contracts.
• Administration charge: £1,440 including VAT, payable on exchange of contracts.
• Known buyer premium and administration charges total £2,880 including VAT, payable on exchange.
• Disbursements: Please see the legal pack for any disbursements that may become payable by the purchaser on completion.

Investment Analysis

HB estimates: The auctioneer estimates potential single-let income of £7,200–£7,800 per annum. The auctioneer also indicates potential income in excess of £20,000 per annum as an HMO, subject to obtaining appropriate consents; this is not guaranteed.

HB estimates: Estimated rent range is £600–£650 pcm, with estimated gross yields of 14.4%–19.5%. These are estimates and not achieved or passing rents, and are not formal valuations.

HB estimates: No reliable maximum bid, GDV or refurbishment estimate can be calculated from the supplied evidence because condition, refurbishment requirements, floor area, costs, finance assumptions and required return have not been provided.

Sold Comparables

HM Land Registry sold data supplied for terraced freehold properties in Hull. These are not location-matched comparables for Grimsby and do not establish a reliable GDV for this property.

Property	Sale Price	Sale Date	Type	Tenure
3, Kilton Court, Hull, HU8 9FE	£105,000	30 July 2024	Terraced	Freehold
5, Kilton Court, Hull, HU8 9FE	£108,500	16 June 2023	Terraced	Freehold
15, Kilton Court, Hull, HU8 9FE	£125,000	23 October 2020	Terraced	Freehold
24, Kilton Court, Hull, HU8 9FE	£109,000	1 February 2019	Terraced	Freehold
3, Kilton Court, Hull, HU8 9FE	£96,000	21 September 2018	Terraced	Freehold

Rental Evidence

The following is advertised asking-rent evidence only, not achieved or passing rent:

• Three-bedroom semi-detached property in DN32: £750 pcm. Source: “Properties to Rent in DN32 | Suffolk News | Suffolk News”.
• Three-bedroom flat/apartment in Ladysmith Road, DN32, North East Lincolnshire: £715 pcm. Source: “Houses to rent in Ladysmith Road, DN32, North East Lincolnshire”.

HB estimates: The supplied rental listings are different property types and are less directly comparable. The £600–£650 pcm HB estimate is therefore used as the primary HB rent range.

Strategy & Risks

HB assessment: Treat as a potential single-let investment only on the supplied evidence. Any HMO strategy is conditional on obtaining the appropriate planning, licensing or other consents.

• Sold comparables are in Hull rather than Grimsby, limiting market-value reliability.
• Property condition and refurbishment requirements are not provided.
• HMO income in excess of £20,000 per annum is conditional on appropriate consents and is not guaranteed.
• Rental listings are advertised asking rents, not achieved rents, and are not exact property matches.
• Occupancy status is not supplied.
• Buyer premium and administration charge total £2,880 including VAT, payable on exchange.
• No maximum bid can be reliably calculated from the supplied evidence alone.
• Buyers should review the legal pack and confirm condition, services, licensing, planning requirements and all purchase costs before bidding.