Peaksfield Avenue

Prime Location

Situated on Peaksfield Avenue in the heart of Grimsby, this property benefits from excellent access to local amenities, schools, supermarkets and transport links. The area has undergone ongoing regeneration and investment, making it one of the town’s most promising locations for capital growth and rental demand.

Grimsby is currently experiencing significant public and private investment — particularly in renewable energy and port infrastructure. This continues to drive employment and attract tenants seeking affordable, well-located homes. Property prices remain below the national average but are steadily rising, offering strong upside potential for investors.

Property Features

• Type: Mid-Terrace
• Tenure: Freehold
• Size: Approx. 90 sq. m.
• Bedrooms: 3
• Bathrooms: 1
• Parking: On-street parking
• Gardens: Front and rear gardens

Recent Improvements

• Damp proofing and dividing wall rebuilt (August 2025)

Investment Snapshot

• Current Tenancy: Started 19/10/2021
• Rent: £525 PCM from October 1st 2025
• Gross Yield at £525 PCM: Approx. 8.4% per annum

With a tenant in situ and a rent increase already scheduled, this is an attractive, ready-made investment.

Why This Property Stands Out

• Immediate Rental Income: Tenant in situ with upward rent adjustment locked in.
• Low Maintenance Entry Point: Major structural work already completed.
• High Demand Location: Affordable, family-size homes in this area rent quickly.
• Strong Capital Growth Prospects: Grimsby’s regeneration and economic activity continue to support property price appreciation.

Summary

41 Peaksfield Avenue represents a superb opportunity for buy-to-let investors or first-time landlords seeking reliable income and growth potential. With three bedrooms, gardens front and rear, a freehold title, and key structural improvements completed, it’s well positioned for ongoing rental success and future value increases.

Get in touch with the team