3-bedroom bungalow · DN34 5HJ
For saleReduced £11k (−5.6%) on 23 MayListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built in 2020 and tucked away on Medway Place in Grimsby, this modern three-bedroom semi-detached true bungalow offers stylish open-plan living, flexible room layouts and a move-in-ready finish throughout.
With off-road parking to the front and a private, fenced rear garden, the home is ideal for anyone seeking contemporary single-storey living in a well-connected, friendly residential area.
Inside The property opens into a welcoming entrance hall that leads to all principal rooms, giving the home a natural flow and excellent accessibility.
The heart of the bungalow is the spacious open-plan lounge/diner, beautifully presented with large windows and patio doors that fill the space with natural light.
The room comfortably zones into living and dining areas, making it perfect for everyday relaxation and entertaining.
The modern kitchen continues the contemporary open plan feel, featuring cream cabinetry, wood-effect worktops, and a stylish splashback.
Its layout maximises storage and workspace while keeping everything within easy reach. There are three well-proportioned bedrooms, each offering versatility depending on lifestyle needs.
Two are generous doubles, while the third makes an ideal guest room, home office or snug. The modern bathroom is finished with quality tiling, a shower-over-bath, and a sleek vanity unit.
Throughout, the décor is fresh, neutral and thoughtfully styled, allowing buyers to move straight in and personalise at their leisure.
Outside To the front, the property benefits from off-road parking, making day-to-day living convenient.
The rear garden is fully fenced for privacy and features a well-kept lawn and a paved patio area — perfect for outdoor dining, relaxing, or creating a low-maintenance space for children or pets.
The garden enjoys good natural light and provides a peaceful backdrop to the home’s open-plan living spaces.
Location Medway Place is a sought-after modern development positioned within easy reach of Grimsby town centre, local shops, supermarkets, and transport links.
The area is known for its quiet, residential feel while still offering excellent convenience.
Buyers of all types benefit from: Great connectivity to the A180, Cleethorpes, and wider Lincolnshire Nearby amenities, including retail parks, healthcare, and leisure facilities Good local schools, appealing to families Peaceful surroundings, ideal for downsizers or those seeking a calmer pace Strong rental demand, making it attractive to investors Access to green spaces, coastal walks, and countryside routes It’s a location that blends practicality with lifestyle — close enough to everything you need, yet tucked away in a modern, well-kept neighbourhood.
The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches.
The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process.
The legal pack includes • Evidence of title • Standard searches (regulated local authority, water & drainage & environmental) • Protocol forms and answers to standard conveyancing enquiries The legal pack is available to view in the branch prior to agreeing to purchase the property.
The vendor requests that the buyer buys the searches provided in the pack which will be billed at £360 inc VAT upon completion.
ENTRANCE HALL KITCHEN AREA 8' 6" x 7' 11" (2.6m x 2.41m) LOUNGE/DINER 20' 5" x 14' 6" (6.22m x 4.42m) BEDROOM 11' 9" x 9' 6" (3.58m x 2.9m) BEDROOM 10' 10" x 9' 3" (3.3m x 2.82m) BATHROOM 7' 2" x 6' 6" (2.18m x 1.98m) BEDROOM/SNUG 10' 10" x 9' 7" (3.3m x 2.92m) Agents Note to Buyers Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property.
These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees.
Buyers should ensure they seek appropriate financial advice and budget accordingly.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Medway Place, Grimsby, N.E.Lincolnshire, DN34
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