Is Grimsby really among the worst places to sell your house?

Last week Quick Move Now and Home.co.uk released a report that listed the best and worse places to sell a property in the UK. Sadly Grimsby was listed as the 20th worst place to sell a property quoting an average of 231 days from putting a property on the market until the sale is completed. While we can blame Brexit and recent tax changes for the delay in selling a house locally it is not as bad as the sensationalists would have us believe.

For people living in North East Lincolnshire that want to sell their home, it doesn’t have to take 231 days. House sales can be completed quickly. Please talk to our friends over at Approved Property Buyers who will put an offer on your house within 24 hours and could help you complete a sale within just a few weeks.

For landlords, Grimsby is an ideal place to purchase properties. You can still pick up a two or three bedroom house for £60,000 – £65,000, invest some additional finance on refurbishment and revalue it later for £90,000 or more giving you a good rental yield of 7-10%.

According to another report published in the conveyancing press recently house sales are slowing down in London and the South East as investors appear to be concerned about the over inflated prices there and are beginning to look for opportunities further north. If houses are slow to sell in Grimsby at the moment I doubt that will last very long. As investors look for steady long-term investments and reliable rental yields away from previous hot spots North East Lincolnshire should be an attractive alternative.