A complete guide to property investment in Grimsby.
Last updated: 18 September 2025
Grimsby stands out for its strong rental returns and relatively affordable property prices compared to much of Britain. The average rental yield here is 6.6%, with the top postcode for yield reaching 10.4%, which is appealing for income-focused investors. Asking prices remain accessible, as seen in the £150,000 for a three-bedroom house and £89,950 for a two-bedroom flat. Liquidity is reasonable, with homes spending a typical 50 days on the market and a median discount of £4,000 (the typical achieved discount) on sales.
Grimsby’s price-to-income ratio of 3.7 and rent-to-income ratio of 19.2% both point to a market where affordability is still within reach for many local households, especially compared to national averages.
Median price per sq ft
£155 / sq ft
Average rental yield
6.6%
Capital growth (1y)
4.6%
Sales in past year
1,014
* Property stats calculated for last full calendar year (2024).
Live prices in Grimsby, Yorkshire and The Humber
* Extreme prices clipped for legibility
Median price
£160,000
25% of properties below...
£94,972
75% of properties below...
£244,950
Most expensive property
£925,000
Live listings
935
Median days on market
50
Looking ahead, Grimsby’s combination of strong yields and accessible prices is likely to keep it on the radar of yield-focused investors. Capital growth has been positive, with a one-year growth rate of 4.6% and a three-year annualised rate of 2.1%. However, prospects for significant price appreciation may be constrained by the local economic profile, including a high unemployment rate and a low share of professional residents.
Liquidity should remain steady, given the current 50 days and annual sales of 1,014, but investors should be aware that demand is driven more by affordability and rental returns than by owner-occupier competition. Overall, expect steady rental demand and modest price growth, with the main appeal being income rather than capital gains.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Grimsby, Yorkshire and The Humber
£155,000
3 bedroom semi-detached house for sale
ST HELENS AVENUE, SCARTHO, GRIMSBY
£260,000 - Guide Price
4 bedroom semi-detached house for sale
Bargate, Grimsby, Lincolnshire, DN3...
£53,500 - Offers Over
1 bedroom flat for sale
Cromwell Road, Grimsby, DN31
£99,950
4 bedroom terraced house for sale
Willingham Street, Grimsby
£240,000 - Offers in Region of
3 bedroom detached house for sale
WESTKIRKE AVENUIE, SCARTHO
£85,000
3 bedroom terraced house for sale
Boulevard Avenue, Grimsby, DN31
£150,000 - Guide Price
3 bedroom detached house for sale
ANDERBY DRIVE, GRIMSBY
£110,000 - Guide Price
3 bedroom bungalow for sale
Kiddier Avenue, Grimsby, Lincolnshi...
Buyers have some negotiation leverage, but not much.
• Median discount: £4,000
• 1 in 4 properties sell at > £6,950 below asking
• 1 in 10 properties sell at > £10,000 below asking
In percentage terms:
• Median discount of 2.2%
• 25% of properties discounted by > 4.7%
• 10% of properties discounted by > 7.1%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.