4-bedroom house · DN32 8AB
To rentReduced £55 (−11.5%) on 17 OctListed 97 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Welcome to this well-presented House of Multiple Occupation, thoughtfully designed to offer comfortable and convenient living for professionals or students seeking a quality shared accommodation experience.
Situated in a prime residential area, this property provides an excellent balance of privacy and community, making it ideal for those who value both independence and the opportunity to connect with like-minded housemates.
With its spacious layout and modern amenities, the house is perfectly suited for individuals looking for a hassle-free move-in and a welcoming environment.
Property Highlights: This HMO boasts a generous number of well-proportioned bedrooms, each furnished to a high standard with a comfortable bed, a wardrobe and bedside cabinet.
All rooms come with an ensuite shower room. High-speed broadband is available throughout the house, supporting remote work or study needs.
The communal areas are tastefully decorated and offer a relaxing atmosphere for socialising or unwinding after a busy day.
The property is conveniently located close to local amenities and is well-served by public transport links, making commuting to the city centre or nearby universities straightforward and efficient.
Bedroom 3 is a spacious rear-facing bedroom, with a single bed, wardrobe, bedside cabinet and en-suite bathroom. It is available for £500 per month, with a £250 security deposit.
All rooms are for single occupancy only.
Interior Features: Inside, the property showcases a spacious, fully equipped communal kitchen fitted with modern appliances, including a large fridge-freezer, oven, microwave, and ample cupboard space for each resident.
The adjoining dining area provides a welcoming space for shared meals and gatherings. Each bathroom is finished with contemporary fixtures and offers either a walk-in shower or a full-sized bath-tub.
The property benefits from efficient central heating and double-glazed windows, ensuring a warm and comfortable environment throughout the year.
Laundry facilities are available on-site for added convenience.
The house is maintained to a high standard, with regular cleaning services provided for communal areas, allowing residents to enjoy a tidy and pleasant living space.
The monthly rent is competitively priced and includes all utility bills (gas, electricity, water, and broadband), simplifying budgeting for each resident.
To arrange a viewing or to request further information, please contact our agency and a member of our team will be happy to assist you.
Castle Homes will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: • A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
• An affordability assessment to ensure each applicant’s income will sufficiently cover the rental payments.
• To pass the affordability check, tenants must have an annual income of 2.5 times the annual rent. Ie if the rent is £500 per month, you would need an income of £15,000 per year or greater.
• Each applicant’s affordability is assessed individually against the criteria.
However, couples who have previously co-habited, are married or are in a civil partnership will have their incomes combined and assessed jointly.
• Self- will require an accountant’s reference and should have accounts for a minimum of two years. • Employment checks to confirm your start date, salary and if your position is permanent.
• A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease. • ‘Right to rent’ id checks.
Location Weelsby Street (DN32) is an established, high-density residential area located approximately 0.75 miles east of Grimsby Town Centre.
This location provides an affordable, practical urban setting that strongly appeals to budget-conscious families, working professionals, and long-term renters.
Property & Rental Market LandscapePredominant Housing: The street consists heavily of traditional, characterful Victorian and Edwardian mid-terraced houses.
You can also find specialized conversions, such as unique one-bedroom cottages hidden away in setups like "The Square".Rental Price Range: Prices are highly competitive for the UK market.
Typical monthly rents on the street generally span from £400 for a 1-bedroom unit to £500 – £785 for a 3-bedroom family terraced home.
Transport & ConnectivityTown Centre Proximity: Located roughly a 15 to 20-minute walk from the heart of Grimsby, giving residents easy access to the Freshney Place Shopping Centre and Grimsby Town railway station.
Coastal Access: The location sits between the town centre and the coastal resort of Cleethorpes, allowing direct transit routes to the beach and seaside amenities.
Public & Private Transport: Regular local bus routes serve the immediate cross-streets.
For heavy transport or moving days, Ready Rent a Car Grimsby operates a large commercial vehicle hire hub nearby on Abbey Road.
Local Amenities & ServicesConvenience Shopping: The street features small local businesses, including the popular Value For Money Store right on Weelsby Street for daily Catchment: The DN32 postcode area places residents in a solid catchment zone for popular primary and secondary schools, a major perk for families looking at multi-bedroom terraces.
Healthcare Access: Conveniently positioned for medical workers or patients, the street is roughly a 7-minute drive to St Hugh’s Hospital and a 13-minute drive to the Diana, Princess of Wales Hospital.
Shared Living Space Spacious, comfortable living room. Shared Kitchen Fully equipped shared kitchen Bedroom Comfortable single bed, equipped with en-suite bathroom, wardrobe and bedside cabinet.
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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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
Agent & docs
FAQ
About Room 3, 307 Weelsby Street, Grimsby
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