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Property investment stats for Grimsby, Yorkshire and The Humber

A complete guide to property investment in Grimsby.

Last updated: 18 September 2025

Investment summary

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.

Image of Grimsby, Yorkshire and The Humber

Key investment stats for Grimsby

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 property stats in Grimsby

Live prices in Grimsby, Yorkshire and The Humber

* Extreme prices clipped for legibility

Properties for sale

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

Should you invest in Grimsby?

Opportunities

  • Investors can capitalise on strong rental yields, with the average at 6.6% and the highest-yielding area reaching 10.4%.
  • Entry prices are accessible, as shown by the £150,000 for a three-bedroom house and £89,950 for a two-bedroom flat.
  • The private rented sector is relatively large in local terms, sitting in the 79th percentile for Britain, which suggests ongoing demand from tenants.

Risks

  • The unemployment rate is in the 79th percentile nationally, which could present challenges for tenant stability and long-term price growth.
  • The proportion of degree-educated residents and professionals is very low, both in the bottom 10th percentile, which may limit demand from higher-income renters or buyers.
  • Owner-occupation is low compared to much of Britain, which could affect long-term neighbourhood stability and property values.

Outlook

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.

Live properties in Grimsby

Investment properties in Grimsby, Yorkshire and The Humber

3 bedroom semi-detached house for sale
12% below median price

£155,000

3 bedroom semi-detached house for sale

ST HELENS AVENUE, SCARTHO, GRIMSBY

Properties needing refurbishment in Grimsby, Yorkshire and The Humber
Needs Refurb
4 bedroom semi-detached house for sale
On market for 175 days

£260,000 - Guide Price

4 bedroom semi-detached house for sale

Bargate, Grimsby, Lincolnshire, DN3...

Slow to sell properties in Grimsby, Yorkshire and The Humber
Slow to Sell
1 bedroom flat for sale
Reduced by 48%

£53,500 - Offers Over

1 bedroom flat for sale

Cromwell Road, Grimsby, DN31

Big price drop properties in Grimsby, Yorkshire and The Humber
Big Price Drop
4 bedroom terraced house for sale
High yield opportunity

£99,950

4 bedroom terraced house for sale

Willingham Street, Grimsby

HMO properties in Grimsby, Yorkshire and The Humber
HMO
3 bedroom detached house for sale
826 sq ft

£240,000 - Offers in Region of

3 bedroom detached house for sale

WESTKIRKE AVENUIE, SCARTHO

Properties with planning granted in Grimsby, Yorkshire and The Humber
Planning Granted
3 bedroom terraced house for sale
10% local yield

£85,000

3 bedroom terraced house for sale

Boulevard Avenue, Grimsby, DN31

High rental yield properties in Grimsby, Yorkshire and The Humber
High Rental Yield
3 bedroom detached house for sale
28% below median price

£150,000 - Guide Price

3 bedroom detached house for sale

ANDERBY DRIVE, GRIMSBY

Low price-per-sq-ft properties in Grimsby, Yorkshire and The Humber
Low Price per Sq Ft
3 bedroom bungalow for sale
38% below median price

£110,000 - Guide Price

3 bedroom bungalow for sale

Kiddier Avenue, Grimsby, Lincolnshi...

Auction properties in Grimsby, Yorkshire and The Humber
Auction

Achieved vs asking prices

Key takeaway: Balanced market

Buyers have some negotiation leverage, but not much.

Headline stats

• 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%

Best places to invest in Grimsby

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1DN3110.4%-1.1%£87 / sq ft
2DN328.8%-1.5%£109 / sq ft
3DN336.0%3.1%£199 / sq ft
4DN346.0%5.0%£162 / sq ft
5DN374.4%2.3%£197 / sq ft

Data sources

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.