Grimsby vs Mansfield for Property Investment
Grimsby leads on gross yield at 7.5%, while Grimsby has the lower entry price at £125,000. Here is how the two markets compare on yield, price, deposit and tenant demand.
Grimsby vs Mansfield at a glance
| Metric | Grimsby | Mansfield |
|---|---|---|
| Average gross yield | 7.5% | 7.2% |
| Average property price | £125,000 | £155,000 |
| Implied monthly rent | £781 | £930 |
| 25% deposit | £31,250 | £38,750 |
| Stamp duty (additional property) | £6,250 | £7,750 |
| Population | 90,000 | 105,000 |
| Region | Yorkshire | East Midlands |
| Investor rating | Good | Good |
Grimsby
Stock is dominated by Victorian and inter-war terraces, with two- and three-bed houses making up most of what comes to market. Tenant demand is underpinned by local employment in services, healthcare and logistics, supported by a population of around 90,000. On the average £125,000 purchase, a 7.5% gross yield implies roughly £781 per calendar month in rent — a useful sanity check when you are reviewing a listing. Freeport status driving new investment.
- Strong fitStandard buy-to-let
- Consider carefullyHMO / rent by the room
- Strong fitFirst-time landlord
Mansfield
Typical stock is a mix of terraces, ex-council semis and a growing number of apartment conversions closer to the centre. Tenant demand is underpinned by local employment in services, healthcare and logistics, supported by a population of around 105,000. On the average £155,000 purchase, a 7.2% gross yield implies roughly £930 per calendar month in rent — a useful sanity check when you are reviewing a listing. Affordable entry with strong rental yields.
- Strong fitStandard buy-to-let
- WorkableHMO / rent by the room
- Strong fitFirst-time landlord
Which is the better investment?
If monthly cash flow is your priority, Grimsby is the stronger option on paper at 7.5% gross. If you want the lower capital commitment, Grimsby needs around £31,250 as a 25% deposit. Averages only take you so far, though — run the actual listing through PropertyROI before you offer.
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