3-bedroom terraced house · DN31 2DG
To rentListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive and spacious mid-terrace offers an opportunity for anyone looking to be based in a central location of Grimsby.
Including an easy maintenance rear garden and a modern finish throughout, this property has a range of advantages both in and out.
With a neutral, bright and welcoming decor, this property will make an ideal home for a range of applicants.
The ground floor consists of a kitchen with separate lounger and dining rooms ideal for entertaining. The first floor consists of a modern three piece family bathroom and three bedrooms.
The third bedroom would be more suitable as a nursery/office. The property is fully double glazed and enjoys the benefit of gas central heating throughout.
A holding deposit of £100 (Per tenancy) is required to reserve the property.
On successful completion of referencing and the tenancy being agreed the £100 holding deposit will be deducted from the first month's rent leaving the rent balance payable of £550 and the deposit of £750 (5 Weeks rent).
Council tax band A (This information was taken on 30th September 2026 and is for guidance purposes only). All interested parties are advised to make their own enquiries into this matter.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 8, Wells Street, North East Lincs
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