2-bedroom bungalow · DN33 1EQ
For saleListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a quiet cul de sac, this two bedroom semi detached bungalow offers an excellent opportunity for those looking to put their own stamp on a property.
Offered for sale with no forward chain, the home requires a scheme of modernisation and refurbishment, making it an ideal prospect for buyers seeking a project in a well established residential location.
The accommodation includes a bay fronted lounge, kitchen, bathroom, separate WC and two double bedrooms, with the rear bedroom offering flexibility to be used as a dining room.
Outside, the bungalow stands in good sized gardens with driveway parking and useful storage outbuildings.
Located close to Laceby Road, the property is conveniently positioned for local amenities and within easy access to Grimsby town centre and the seafront at Cleethorpes.
Lounge - 4.77 x 3.48 (15'7" x 11'5") - Kitchen - 3.00 x 2.80 (9'10" x 9'2") - Bathroom - 1.79 x 1.14 (5'10" x 3'8") - Wc - 1.79 x 0.72 (5'10" x 2'4") - Utility Room - 1.79 x 1.05 (5'10" x 3'5") - Bedroom 1 - 4.77 x 3.48 (15'7" x 11'5") - Bedroom 2 - 3.53 x 3.33 (11'6" x 10'11") - Tenure - FREEHOLD Council Tax Band - B
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Malvern Avenue, Grimsby
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