1-bedroom flat · DN32 0NQ
To rentListed 124 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description **houseshare** Affitto Estate Agents are proud to present to the market this exceptional 5-bedroom HMO property, ideally located on Welholme Road, Grimsby, just a short walk from the town centre, train station, and a range of local amenities.
Each room is fully furnished to a high standard and designed to offer a comfortable and practical living space.
Furnishings include a comfortable double bed, a wardrobe, a chest of drawers, and a bedside table, providing ample storage and everything needed for day-to-day living.
The downstairs room benefits from doors that open directly onto the garden, creating a bright and welcoming space with plenty of natural light and easy access to outdoor areas.
The upstairs room offers a generous and well-proportioned layout, providing a spacious and relaxed living environment. All rooms feature a private en-suite bathroom for added convenience and privacy.
Each en-suite is fully equipped with a toilet, sink and shower cupboard for storage, and a mirror.
The property also includes a shared kitchen and dining area, offering a sociable and functional space for cooking, dining, and everyday use. Contact us today to arrange A viewing Deposit: £600
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 123 Welholme Road, Grimsby
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