3-bedroom terraced house · DN32 9HZ
Listing removedListed 72 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crofts are delighted to advertise on the rental market, a recently refurbished three-bedroom mid-terrace property situated in a popular area of Grimsby.
The property is currently undergoing a refurbishment throughout and will provide fresh, modern accommodation once complete.
The property benefits from a newly fitted kitchen, newly fitted bathroom, fresh décor and new flooring to be fitted throughout.
The property briefly comprises an entrance hall leading into a spacious lounge/sitting room, along with a modern newly fitted kitchen complete with integrated hob and cooker.
To the ground floor is a newly fitted three-piece bathroom suite comprising a bath with shower over, WC and wash hand basin. To the first floor are three well-proportioned double bedrooms.
The property benefits from UPVC double glazing and gas central heating throughout, together with low-maintenance front and rear gardens, providing practical outdoor space which is easy to maintain.
Situated within the Convamore Road area of Grimsby, the property is conveniently placed for local amenities, schools and transport links.
Please note: Refurbishment works are currently ongoing at the property. Final works, including the fitting of new flooring throughout, are still to be completed.
The photographs and presentation of the property may therefore differ from the final finished condition. The property will be fully finished prior to the commencement of the tenancy.
Early viewing is highly recommended to appreciate the size, layout and quality of this refurbished three-bedroom home. Source of heating The property is heated by a gas central heating system.
Gas/electricity supply The property has mains gas and electric supply. Water supply The property has mains water supply/waste supply. Broadband Ultrafast Fibre up to 1800mbps.
Actual service availability at a property or speeds received may be different. Mobile coverage Good outdoor, and in home.
This means there may be differences between the coverage prediction and your experience.
Flood risk The property is located in a high risk area, however the landlord has not informed us of any previous flooding.
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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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 323, Convamore Road, Grimsby
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