We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · DN31 2LE
Sold STCReduced £50 (−0%) on 15 JulListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Farrow Estate Agents are delighted to present this well cherished and generously sized four-bedroom semi-detached family home to the market.
Situated in a popular central location within Grimsby, the property is ideally placed for the Grimsby Institute and well-regarded school catchments, a wide range of local amenities and convenient bus services.
Grimsby town centre, Diana Princess of Wales hospital and Grimsby train station is only a short distance away, while the ever-popular seaside resort of Cleethorpes can also be reached with ease.
The accommodation is introduced by a bright and welcoming entrance hallway, creating an excellent first impression and providing access to the spacious and quicky lounge / diner with stairs to the first floor.
The living room / diner offers a superb main reception space, filled with natural light and centred around a charming stairway.
The ground floor also offers spacious double bedroom, well equipped wet room, kitchen with ample space for appliances and the conservatory providing the perfect for space for relaxation.
To the first floor, the property continues to impress with three well-proportioned bedrooms. The main bedroom enjoys particularly generous proportions and benefits from fitted wardrobe units.
Completing the first floor is a stylish three-piece family bathroom suite.
Externally, the property stands on a spacious plot with a driveway providing ample off-road parking, as well as a single garage.
The attractive rear garden has been designed for low maintenance while still providing an ideal space for outdoor entertaining or for the whole family to enjoy.
Entrance Hallway Living Room (3.81m x 3.63m (12'6 x 11'11)) Dining Room (3.71m x 3.18m (12'2 x 10'5)) Kitchen (3.81m x 2.74m (12'6 x 9'0)) Sunroom / Conservatory (3.05m x 2.69m (10'0 x 8'10)) Bedroom 4 (2.79m x 2.41m (9'2 x 7'11)) Wetroom First Floor Landing Bedroom 1 (3.63m x 3.38m (11'11 x 11'1)) Bedroom 2 (4.45m x 2.90m (14'7 x 9'6)) Bedroom 3 (2.69m x 2.41m (8'10 x 7'11)) Bathroom (2.18m x 2.11m (7'2 x 6'11)) Front & Rear Gardens Garage & Driveway
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 10, Queens Parade, Grimsby
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