1-bedroom flat · DN31 1PT
Listing removedListed 146 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) Situated within the popular Victoria Mills development, this spacious first floor flat offers an excellent opportunity for first-time buyers, young professionals or landlords seeking a well-located investment property close to Grimsby town centre.
The flat is one of the larger style one-bedroom apartments within the development and provides well-planned accommodation comprising an entrance hall, a generous living area opening through to the kitchen, one bedroom and a bathroom.
Victoria Mills is conveniently positioned for access to Grimsby town centre, local shops, amenities, transport links and employment opportunities.
The development also benefits from communal car parking, adding further practicality for occupiers and visitors.
With its central location, generous room proportions, communal parking and attractive development setting, this property is well worth viewing. Ground Floor With lift to first floor.
First Floor Landing Having storage cupboard with hot water cylinder. Storage cupboard.
Living Room 6.76m x 4.64m With two electric storage heaters and two timber double glazed window units. Opening to kitchen.
Kitchen 2.91m x 2.66m With a range of wall and base units incorporating a sink unit with drainer and mixer tap and having plumbing for washing machine and dryer.
Electric oven, hob and extractor. Bedroom 5.43m x 3.05m With electric storage heater and two timber double glazed window units.
Bathroom Partially tiled and fitted with a white three piece suite comprising pedestal basin, low-flush w.c. and panelled bath with shower over.
Parking The property has the benefit of communal parking in residents parking. Tenure Leasehold - For a term of 125 years from 1st January 1991 with a ground rent of £25 per annum.
All interested parties are advised to make their own enquiries.
Service Charge We understand there is a service charge payable of £1500 per annum which is managed by Victoria Mills Management Limited.
All interested parties are advised to make their own enquiries.
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 15th May 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 their clients with expert mortgage and protection advice.
We have access to over 12,000 mortgages from 90+ lenders so we can find the right mortgage to suit your individual needs.
The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our customers have access to the latest deals available and receive a first-class service.
We will take care of everything from explaining all of your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole 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 actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. Mortgage Advice Bureau (truncated)
Value & comps
No previous sales on record.
Returns
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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 advisors 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
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FAQ
About Victoria Street, Grimsby, Lincolnshire, DN31
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