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See how verdicts work2-bedroom bungalow · DN34 4TW
For saleReduced £15.1k (−7%) on 18 JulListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lovelle offer to market this formerly two-bedroom detached bungalow in a quiet cul-de-sac close to Grimsby town centre, offering a layout suited to investors or retirees seeking a property that needs modernising.
The bungalow currently provides a spacious lounge, which is open plan to a second room (formerly bedroom 2) that is used as a dining area and could easily be reverted back to a bedroom if required.
The kitchen is fitted with wall and base units, with plumbing for a washing machine and an oven and hob. The bathroom includes a bath with shower over, sink and WC.
The property benefits from uPVC double glazing and gas central heating.
Externally, it occupies a corner plot with a pleasant garden, driveway and single garage, providing useful off-road parking and outdoor space.
Situated close to Grimsby town centre, the property is well placed for local amenities, including supermarkets, shops and healthcare facilities.
People’s Park and Sidney Park are a short drive away, offering green space and leisure opportunities.
Public transport links are readily accessible, with regular bus services from the surrounding area into Grimsby town centre and neighbouring districts.
Grimsby Town railway station can be reached in around 5–10 minutes by car, providing services towards Cleethorpes, Sheffield, Manchester and beyond, with journey times to Cleethorpes typically around 10 minutes and to Sheffield approximately 1 hour 45 minutes.
This no-chain detached bungalow presents an opportunity for buyers to update and configure the accommodation to their own requirements in a location convenient for town centre facilities and transport connections.
EPC Rating: C Location Situated close to Grimsby town centre, the property is well placed for local amenities, including supermarkets, shops and healthcare facilities.
People’s Park and Sidney Park are a short drive away, offering green space and leisure opportunities.
Public transport links are readily accessible, with regular bus services from the surrounding area into Grimsby town centre and neighbouring districts.
Grimsby Town railway station can be reached in around 5–10 minutes by car, providing services towards Cleethorpes, Sheffield, Manchester and beyond, with journey times to Cleethorpes typically around 10 minutes and to Sheffield approximately 1 hour 45 minutes.
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
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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.
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About 3 Heathfield Court, Grimsby
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