22 Greengate Lane, South Killingholme, Immingham, Lincolnshire DN40 3EZ

Description

This four bedroom semi detached house with driveway and gardens is offered for sale via traditional auction. The property does require renovation throughout but would make a great project or addition to a rental portfolio. Please note that the property has fitted solar panels, buyers are advised to do their own research in this regard.

Accommodation

Ground Floor: Lounge, kitchen, WC and store. First Floor: Four bedrooms and bathroom. Externally: Front and rear garden.

Location

South Killingholme is a well-regarded village with nearby schools and attractive walking routes. Immingham provides further facilities, supermarkets and services. Road access is strong via the A160 and A180 towards Grimsby, Hull and the wider motorway network.

Tenure / Property Information

Investment Analysis

Evidence shows the subject property sold for £65,000 on 1 July 2026. Other same-street semi-detached sales range from £73,000 to £144,000, but differing condition, specification and dates prevent a reliable post-renovation GDV. The £75,000 guide is above the latest recorded sale. No supported refurbishment budget or rental evidence is available.

Investment Snapshot

Strategy Recommendation

Do not commit above the guide without the legal pack, a property inspection, solar-panel due diligence and a detailed renovation budget. Reassess BTL, BRRR or flip only once rent and costs are evidenced.

Works Required

Renovation throughout, with the precise scope requiring inspection and costing. Review the kitchen, bathroom, WC, decoration, flooring, services, gardens and driveway only where confirmed necessary. Investigate the fitted solar panels and obtain legal-pack details.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be reliably assessed. A refinance value, refurbishment budget, rent and full project cost are unsupported. The latest recorded sale at £65,000 provides useful price context but does not establish post-works value.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The property requires renovation throughout, and total acquisition and works costs are not quantified.

Flip Analysis

A flip surplus cannot be calculated because refurbishment costs, resale value and selling costs are unsupported. Same-street sales range from £73,000 to £144,000, but condition and specification are not comparable on the supplied evidence.

Investor Risks & Due Diligence

• Renovation is required throughout, with no quantified works budget.

• No sufficiently specific rental evidence is available.

• Solar-panel ownership, obligations and income arrangements require due diligence.

• EPC rating and heating information are unavailable.

• Special-condition search, seller-cost, legal and transfer charges may be payable.

• The latest recorded sale of the same property was £65,000, below the £75,000 guide.

Recommendation

Do not commit above the guide without the legal pack, a property inspection, solar-panel due diligence and a detailed renovation budget. Reassess BTL, BRRR or flip only once rent and costs are evidenced.

Strategy Rating

Analysis Confidence

The property description, tenure, guide, fees and several same-street sales are supplied, but condition costs, rent, EPC, heating, legal-pack disbursements and post-renovation valuation evidence are missing.