We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DN32 7NG
For saleReduced £2k (−4%) on 22 AugListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Farrow Estate Agents are delighted to present this generously sized two bedroom mid terrace property to the market.
Found in this popular Grimsby (DN32) location on Rutland Street, the property is ideally placed within a wide range of amenities, regular transport links, in catchment of popular schools making it the perfect purchase for a multitude of buyers.
Boasting spacious living accommodation throughout, allowing any purchaser the ability to add their slight touch to it.
Briefly comprising of a convenient, bright and welcoming living room with plenty of room for furniture, separate dining room with solid chimney breast, and a large fitted kitchen with base units and ample space for appliances.
There is a toilet at the rear of the property and a small utility area.
To the first floor, there is a generous landing area which serves two good sized double bedrooms and the large family bathroom with shower over the bath.
Externally, the property benefits from a private and large rear garden. It is enclosed and mainly laid to lawn and has a paved area which provides the perfect space for entertaining and relaxing.
Living Room (3.68m x 3.38m (12'1 x 11'1)) Dining Room (4.29m x 3.68m (14'1 x 12'1)) Kitchen (3.63m x 2.18m (11'11 x 7'2)) Utility Area (2.79m x 2.18m (9'2 x 7'2)) W.C First Floor Bedroom 1 (3.68m x 3.38m (12'1 x 11'1)) Bedroom 2 (3.40m x 2.79m (11'2 x 9'2)) Bathroom (3.63m x 2.18m (11'11 x 7'2)) Rear Garden
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
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FAQ
About 82, Rutland Street, Grimsby
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