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See how verdicts work3-bedroom house · DN32 7LA
For saleListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention buy to let investors Lovelle offer to market this spacious three bedroom mid-terrace house, in need of some modernisation, situated within a well-established area of Grimsby Town Centre.
The property is currently let on an assured shorthold tenancy producing £120 rent per week / £6,240 per annum .
The accommodation briefly comprises of, a welcoming entrance hall, two spacious reception rooms, kitchen, rear lobby, ground floor bathroom, landing with separate wc and three bedrooms.
Externally the property has front and rear gardens. The property is majority uPVC double glazed and gas central heated. Viewings are recommended.
EPC Rating: C Location A well established area of Grimsby.
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.
Area
Agent & docs
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FAQ
About 126 Castle Street, Grimsby
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