4-bedroom house · DN32 8AB
To rentReduced £30 (−6.3%) on 23 JulListed 103 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.
Room 4 is a rear-facing single bedroom with a large ensuite shower room, it is available for £475 per month, with a security deposit of £250.
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.
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 £475 per month, you would need an income of £14,250 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.
Shared Living Space Spacious, comfortable living room.
Shared Kitchen Fully equipped shared kitchen Bedroom Comfortable single bedroom, equipped with large 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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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
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FAQ
About Room 4, 307 Weelsby Street, Grimsby
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