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See how verdicts work2-bedroom bungalow · DN34 5UX
For saleListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Arguably occupying the best position within a specialist over-55s retirement development, This beautifully presented two-bedroom bungalow offers stylish single-storey living, private patio space, communal grounds and residents’ parking.
Step Inside:- Set within the popular Peterhouse Road retirement development, this neat and well-presented two-bedroom bungalow offers an easy, comfortable single-storey layout perfectly suited to buyers aged 55 and over.
The accommodation extends to approximately 655 sq.ft. and is bright, practical and tastefully maintained throughout.
A welcoming entrance hall gives access to the principal rooms, with light-toned flooring, white internal doors and a clean decorative finish creating an immediate sense of calm.
The lounge is a particularly pleasant living space, enjoying a smart decorative scheme with wall panelling, feature fireplace surround and sliding patio doors opening directly onto the private patio area.
This creates a lovely connection between the indoor and outdoor space, ideal for morning coffee, summer air and a little bit of sunshine without the burden of a large garden to manage.
The kitchen has been modernised with contemporary grey units, contrasting work surfaces and metro-style tiled splashbacks.
Integrated appliances include an eye-level oven, microwave and electric hob, with space and plumbing for laundry appliances. A window over the sink provides natural light and a pleasant outlook.
There are two genuine double bedrooms, both well-proportioned for this style of bungalow.
The main bedroom includes fitted furniture and wardrobe storage, while the second bedroom offers flexibility as a guest room, hobby room or occasional sitting space.
The shower room has also been updated with a modern suite, including a glazed shower enclosure, WC, wash hand basin, fitted storage and decorative wall panelling.
Overall, this is a very tidy, well-cared-for home that should appeal strongly to those seeking secure, low-maintenance living within a managed over-55s setting.
Step Outside:- Externally, the property enjoys a private fenced patio area, offering just the right amount of outdoor space for seating, planters and light entertaining.
The fencing gives a good degree of separation while still allowing views towards the greenery beyond.
The development itself is well maintained, with attractive communal lawns, mature trees and landscaped areas creating a peaceful setting.
Residents’ parking is available nearby, adding further everyday convenience.
The management charge is currently advised at £270.99 per month, which includes on-site manager services, window cleaning, gardening, external building maintenance and contributions towards the community room.
Location:- Peterhouse Road is a well-regarded residential position in Grimsby, offering convenient access to local shops such as the Aldi super market within walking distance, amenities, bus routes and healthcare services.
The setting is particularly well suited to those wanting independence while remaining within a specialist retirement development.
Grimsby town centre is within easy reach, providing a wider selection of shopping, leisure and transport facilities, while the surrounding road links make access across North East Lincolnshire straightforward.
Leasehold Information:- We are advised the property is leasehold. The lease term is stated as 125 years from 1 July 1987.
The vendor informs us the ground rent is £148pa, with a maintenance rent also applicable. The management charge is currently advised at £282.14 per month.
Buyers and their legal advisers should verify the lease term, rent, service charge, maintenance rent, review provisions, assignment requirements and any age or occupancy restrictions before exchange of contracts.
LOUNGE 16' 11" x 10' 4" (5.16m x 3.15m) KITCHEN 8' 1" x 7' 7" (2.46m x 2.3m) BEDROOM ONE 13' 3" x 10' 11" (4.04m x 3.33m) BEDROOM TWO 13' 1" x 11' 3" (4m x 3.43m) SHOWER ROOM 7' 5" x 6' 7" (2.26m x 2m) AGENTS NOTES 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.
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
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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.
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Area
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FAQ
About Peterhouse Road, Grimsby, N E Lincolnshire, DN34
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