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 work2-bedroom house · DN31 1RG
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-Presented Two-Bedroom Mid-Terrace Home Shared Ownership Opportunity Situated in a central Grimsby location, this well-presented two-bedroom mid-terrace property offers an excellent opportunity for first-time buyers looking to step onto the property ladder through a shared ownership scheme.
The accommodation is maintained to a good standard throughout and benefits from a convenient position within walking distance of Grimsby town centre, providing easy access to a wide range of shops, amenities, schools and transport links.
Internal accommodation briefly comprises: Entrance Hallway, Lounge, Kitchen and w/c. Upstairs are 2 Bedrooms and Family Bathroom.
Externally, the property enjoys off-road parking to the front, while to the rear is a private, low-maintenance garden, ideal for relaxing and outdoor entertaining.
The property is being offered on a 25% shared ownership basis. Rent is payable on the remaining share at £211.24 per calendar month, with an annual service charge of £264.12.
Early viewing is highly recommended to appreciate the accommodation and location on offer.
Entrance Hall Lounge 4.36m x 3.59m - 14'4” x 11'9” Kitchen 4.64m x 2.8m - 15'3” x 9'2” WC First Floor Landing Bedroom 1 4.47m x 2.66m - 14'8” x 8'9” Bedroom 2 4.67m x 2.75m - 15'4” x 9'0” Bathroom 2.25m x 1.71m - 7'5” x 5'7”
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
.png){kind=logo}
FAQ
About 17a, Frederick Street, Grimsby
Explore nearby
