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See how verdicts work1-bedroom flat · DN31 1PT
Listing removedListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain free, this well-presented fourth-floor apartment sits within the popular Victoria Mills conversion on Victoria Street. Ideal for first-time buyers, downsizers or investors.
It offers comfortable one-level living in a secure town-centre setting with lift access and allocated parking.
The apartment offers a practical layout typical of the development and provides an excellent opportunity for those seeking a low-maintenance home close to amenities.
Inside The apartment is accessed via a communal entrance with telecom entry system and lift to the upper floors.
A private hallway leads into a bright open-plan living space, featuring a lounge area with a large windows and an adjoining fitted kitchen.
The kitchen is arranged with modern units, worktops, integrated cooking appliances and space for additional freestanding items.
The double bedroom is a generous size with room for wardrobes and additional furniture.
Completing the accommodation is a well-proportioned bathroom fitted with a three-piece suite and shower over the bath. Electric heating is installed throughout.
Outside Residents benefit from off-road parking within the development, along with secure communal access and maintained shared areas.
Location Victoria Mills enjoys a highly convenient position on Victoria Street, placing you within easy reach of Grimsby town centre, Freshney Place, the train station, bus routes and a wide range of shops, cafés and services.
Road links to Cleethorpes, the A180 and wider motorway network are also close by, making this a practical and well-connected place to live.
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional. TO VIEW OR MAKE A BID – Contact DDM Residential on .
LIVING ROOM 12' 1" x 11' 2" (3.68m x 3.4m) KITCHEN 7' 9" x 5' 3" (2.36m x 1.6m) BEDROOM 14' 3" x 8' 2" (4.34m x 2.5m) BATHROOM 8' 2" x 5' 9" (2.5m x 1.75m) 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.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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

FAQ
About Victoria Court, Grimsby, DN31
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