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 work1-bedroom flat · DN32 9LS
For saleListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
(WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH) This well-presented leasehold one-bedroom ground floor flat offers newly improved accommodation throughout and would make an ideal purchase for a first-time buyer, downsizer or investor.
The property is currently vacant, although it was previously achieving a rental income of £495 per calendar month, making it an appealing proposition for buy-to-let investors seeking a ready-to-let property.
The accommodation is entered into a pleasant living room, featuring a uPVC window and door allowing for good natural light, together with an electric storage heater.
The kitchen has been newly fitted and comprises a range of base units with work surfaces, an integrated cooker, sink and drainer, space for a washing machine and vinyl flooring.
The bedroom is a comfortable double room with a uPVC window, newly fitted carpet and electric storage heater.
The bathroom has also been newly fitted and includes a bath with electric shower over, WC, wash basin, vinyl flooring and uPVC window.
Externally, the property benefits from a private gated concrete garden area, with shared access also serving the upstairs flat.
The property is held on a long lease until 2989, with a ground rent of £50 per annum.
Overall, this is a tidy and recently improved leasehold property offering low-maintenance accommodation in ready-to-occupy condition, with strong potential as either a home or investment.
Kitchen 3.68m x 2.39m With a uPVC windows newly fitted kitchen with a range base units and work surface with a integrated cooker, sink with drainer and space for a washing machine.
Vinyl flooring. Living Room 2.79m x 4.24m With a uPVC window and door electric storage heater.
Bedroom 2.69m x 2.77m With a uPVC window, newly fitted carpet, electric storage heater.
Bathroom 2.13m x 1.6m With a uPVC window, newly fitted bathroom suite, bath with electric shower over, vinyl flooring, w.c. and wash basin.
Garden Concrete private gated garden shared access with the first floor flat. Tenure Leasehold ending in 2989 with a ground rent payable of £50 per annum.
Tenancy The property is currently let to the Local Authority with a fixed term ending on 24th April 2027 at £495 PCM.
Broadband & Mobile Phone Coverage Please use the following link to check the mobile phone and broadband coverage for this property.
Services We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.
Council Tax Band A This information was obtained on the 9th July 2026 and is for guidance purposes only.
Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries.
See Property Management Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs.
Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail ( ) for some informal advice.
Further information is also available on our website at Property To Sell Do you have a property to sell? For professional valuation advice, contact our Grimsby Office ).
One of our experienced valuers will be happy to provide a free marketing appraisal of your property.
Surveys Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors.
To discuss your survey needs, please contact our Survey Department on .
Sources Of Useful Information Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice Mortgage Advice Bureau works with Jackson, Green & Preston Estate Agents to provide expert mortgage and protection advice.
With access to over 12,000 mortgages from more than 90 lenders, they can help find a suitable mortgage, explain your options, recommend appropriate protection and manage the application process.
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The amount payable will depend on your circumstances.
The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.
Mortgage Advice Bureau is a trading name of Brook Financial Services Limited, an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited, which are authorised and regulated by the Financial Conduct Authority.
Disclaimer Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.
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
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 Hainton Avenue, Grimsby, DN32
Explore nearby