3-bedroom house · DN32 7RS
Listing removedReduced £25 (−4.8%) on 29 JulListed 245 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Farrow Estate Agents are delighted to offer to the market this spacious three bedroom mid-terrace family home, which is situated within close proximity to local amenities.
Having been well maintained by the previous owners, potential tenants will be pleased with the size of accommodation on offer.
Internal accommodation briefly comprises:- welcoming and rather spacious living room, separate dining area with feature bay window, modern kitchen with a range of base and eye level units, and downstairs family bathroom.
The first floor also has a generous landing area that gives access to the three good sizes double bedrooms. All of which are good doubles.
Externally, the property boasts low maintenance garden to the rear. The garden enclosed to all sides with 5 ft wooden fence and mainly concrete.
Finally there is the modern benefit of uPVC double glazing and gas central heating throughout. This is a must view!
Living Room (3.66m x 31.70m (12'0 x 104)) Dining Room (4.50m x 3.66m (14'9 x 12'0)) Kitchen (2.62m x 2.18m (8'7 x 7'2)) Bathroom (3.68m x 2.18m (12'1 x 7'2)) First Floor Landing Bedroom 1 (3.66m x 3.15m (12'0 x 10'4)) Bedroom 2 (3.51m x 2.74m (11'6 x 9'0)) Bedroom 3 (3.48m x 2.18m (11'5 x 7'2)) Garden
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 51, Rutland Street, Grimsby
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