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See how verdicts work2-bedroom flat · DN34 5TT
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with No Onward Chain!
This is a fantastic opportunity to acquire a spacious and ready to move into over 55's Two Bedroom First Floor Flat, situated in Grimsby on the Cambridge Park Development.
The property is well presented throughout, has the benefit of a stair lift, electric heating and is warden controlled for peace of mind, ideal for anyone looking for a retirement property or to downsize.
Residents also enjoy access to a community lounge that hosts regular social events.
Internal accommodation briefly comprises: Entrance Hallway, stairs to the first floor, Lounge/ Dining Room, Shower Room, Two Bedrooms and Kitchen.
There is plenty of parking to the front of the property on a first come first served basis. Viewings are essential to fully appreciate the living accommodation on offer.
Agent's note: The property is Leasehold with 125 years from 1st of July 1987. There is a monthly service charge of £282.14 and the annual ground rent is £78.
Entrance Hall First Floor Landing Hall Lounge/Dining Room 5.06m x 3.26m - 16'7" x 10'8" Kitchen 3.28m x 1.65m - 10'9" x 5'5" Bedroom 1 3.97m x 3.34m - 13'0" x 10'11" Bedroom 2 3.69m x 2.32m - 12'1" x 7'7" Shower Room 2.32m x 2.21m - 7'7" x 7'3"
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 Queens Court, Grimsby, Lincolnshire, DN34
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