2-bedroom flat · DN32 0JY
Listing removedListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated above the "Farebrother News" shop is this good size first floor flat with Private Entrance, Landing & hall. Three generous bedrooms. Living/Dining Room and a separate Dining Kitchen.
Bathroom with white suite. Gas Central Heating System. Double Glazing. Immediate Availability Measurements - All measurements are approximate.
Accommodation - A white PVC door situation on Patrick Street gives direct and private entrance to:- Entrance Hall - With staircase directly off to the first floor. 2 x utility/storage cupboards.
First Floor Landing - With double glazed window to the size aspect, additional utility/storage cupboard Inner Hall/Landing - With central heating radiator and leading to all rooms as follows:- Dining Kitchen - 3.34m x 4.02m (10'11" x 13'2") - Fitted with wall & base cupboards in a Beech wood style finish, contrasting work surfacing and inset left hand drainer stainless steel sink unit.
Space & plumbing for automatic washing machine. Electric cooker space and ample room for a fridge/freezer. Wall mounted Ideal I-mini gas central heating boiler. Central heating radiator.
Double glazed window to the side aspect. Bathroom - 3.33m x 1.71m (10'11" x 5'7") - With white suite comprising pedestal wash basin, low flush WC and panelled bath.
Double glazed window to side aspect.
Central heating radiator Lounge/Dining Room - 7.35m x 4.49m (narrowing to 3.51m in part) (24'1" - With three double glazed windows giving views to the side and front elevation.
2 x central heating radiator.
Built in low electrics cupboard Bedroom 1 - 4.24m x 3.43m (13'10" x 11'3") - With double glazed window to the front, central heating radiator Bedroom 2 - 3.75m x 3.63m (12'3" x 11'10") - Double glazed window to the rear, Built in range of floor-ceiling wardrobe/storage.
Central heating radiator Bedroom 3 - 4.68m x 2.48m (15'4" x 8'1") - Double glazed window to the rear, central heating radiator.
Council Tax Band & Epc Rating - Council Tax Band - A EPC - D Rental Application Terms - The general rule of thumb is your annual income should be 30 times the monthly rent.
Referencing fees are paid by the landlord, however if an application fails due to false/misleading information or the applicant withdraws then the referencing and administration costs will be charged to the Applicant and deducted from the holding deposit.
Also on signing your tenancy agreement one month's rent in advance and a deposit of £600.00 is required.
Viewing Arrangements - Please contact Joy Walker Estate Agents on to arrange a viewing on this property. Opening Times - Monday - Friday 9.00 am to 5.15 pm.
Saturday 9.00 am to 1.00 pm Client Money Protection - This is to certify that JOY WALKER ESTATE AGENTS LTD trading as JOY WALKER ESTATE AGENTS is part of the Propertymark Client Money Protection Scheme.
MAIN SCHEME MEMBER REFERENCE :- C0012356
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
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FAQ
About Farebrother Street, Grimsby
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