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See how verdicts workHouse · DN35 7AF
No longer listedListed 25 daysAuction 21 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Lot 201 for sale by auction on 21/10/2026 To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website Comprising a Ground Floor Retail Unit and Self Contained Flat Above Retail Unit subject to a Commercial Lease producing £10,500 per annum First Floor Flat subject to an Assured Periodic Tenancy producing £7,800 per annum Total Current Rent Reserved £18,300 per annum The open spaces of Sidney Park are within walking distance High Street includes a wide range of amenities from supermarkets, independent shops Key Locations The nearby A46 provides direct access to Lincoln New Clee Rail Station is located nearby The North Promanade is located within walking distance High Street includes a wide range of amenities from supermarkets, independent shops The open spaces of Sidney Park are within walking distance
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 67 Grimsby Road, Cleethorpes, South Humberside, DN35
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