1-bedroom flat · DN36 4LF
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming area of New Waltham, Grimsby, this immaculately presented first-floor apartment offers a perfect blend of comfort and convenience.
Located on the popular Renaissance development, the property is ideally situated close to local amenities, making it an excellent choice for those seeking a vibrant community atmosphere.
Upon entering, you are greeted by a secure communal entry system, ensuring peace of mind.
The apartment features a welcoming hall that leads to a spacious double bedroom, providing a serene retreat for rest and relaxation.
The well-appointed bathroom is conveniently located, offering modern fixtures and a clean aesthetic. Ascend the stairs to discover the heart of the home: a delightful kitchen, living, and dining area.
This open-plan space is perfect for entertaining guests or enjoying quiet evenings at home. The large windows allow natural light to flood the room, creating a warm and inviting atmosphere.
The apartment is equipped with double glazing and gas central heating, ensuring comfort throughout the year.
Additionally, an allocated parking space at the rear of the building adds to the convenience of this lovely property.
This turnkey-ready apartment is an ideal opportunity for first-time buyers, professionals, or those looking to downsize.
With its excellent location and modern amenities, it promises a delightful living experience in New Waltham. Do not miss the chance to make this charming apartment your new home.
Communal Entrance - Accessed via double entrance doors, the building opens into a porch area featuring a secure entry system and individual mailboxes.
Further double doors lead into the communal hallway, with stairs rising to the first floor. The apartment is accessed via a private entrance door from the landing.
Entrance Hall - Through a composite door into the hall with doors to the bedroom and bathroom, a central heating radiator, a telephone intercom and stairs to the first floor accommodation.
Bedroom - 3.30m x 2.95m (10'10 x 9'8) - A double bedroom with a u.PVC double glazed window, a walk-in cupboard/wardrobe, a central heating radiator and a light to the ceiling.
Bathroom - 1.70m x 1.73m (5'7 x 5'8) - With a panelled bath, a chrome mixer tap, a plumbed shower and a glass shower screen, a pedestal wash hand basin with a chrome mixer tap and a toilet.
Part tiled walls, a central heating radiator, vinyl to the floor and a light to the ceiling.
Landing - Up the stairs to the first floor accommodation with door to kitchen/living/dining area and a light to the ceiling.
Kitchen/Living/Dining Area - 5.79m x 2.92m (19'0 x 9'7) - The kitchen area with a range of cream wall and base units, contrasting work surfaces and up stands incorporating a stainless steel sink unit with a chrome mixer tap.
An electric oven and hob with a stainless steel extractor fan above, plumbing for a washing machine and space for an under counter fridge. The central heating boiler is housed within a cupboard.
A central heating radiator, vinyl to the floor and a light to the ceiling. The Living area with a u.PVC double glazed window, a central heating radiator and a light to the ceiling.
Kitchen/Living/Dining Area - Kitchen/Living/Dining Area - Kitchen/Living/Dining Area - Outside - One allocated parking space in car park at rear of the building.
Lease - 125 year lease from 1st January 2013 to 1st January 2138 - 111 years remain. Service charges £1,864.50 yearly payable every 6 months.
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 Peterson Drive, New Waltham, Grimsby, N.E. Lincs, DN36 4LF
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