Modern Method of Auction
Auction date not yet published
3-bedroom house · DN31 2DR
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**BEING SOLD VIA SECURE SALE ONLINE BIDDING. Terms & Conditions apply. STARTING BID £70,000** A substantial 3 bedroom mid terraced house, located in close proximity to Grimsby town centre.
Offering flexible internal space with 2 reception rooms and a kitchen diner on the ground floor, this could be a perfect first time home.
Alternatively, the property is currently let at £700PCM representing a yield of 9.3% at the current asking price making this an excellent addition to any buy to let investors portfolio.
Viewing is highly advised.
EPC Rating: D Entrance Hallway With a uPVC double glazed frosted front door, radiator, dado railing, under stairs storage cupboard and stairs leading access to the first floor accommodation.
Living Room Dimensions: 3.47m x 3.70m.
With a uPVC double glazed front bay window, decorative ceiling coving, dado railing, radiator, electric fire in attractive surround and an open archway leading into the dining room.
Dining Room Dimensions: 3.90m x 2.91m. With a uPVC double glazed rear window, radiator and leading access into the living room. Kitchen-Diner Dimensions: 2.80m x 6.95m.
With a range of fitted wall and base units incorporating a basin with a mixer tap, cooker with a four-ring electric hob, integral dishwasher and space for a 'fridge-freezer.
Complete with a uPVC double glazed side bay window as well as a secondary side uPVC double glazed window, ample space for a dining table, chimney breast and partial tiling.
Utility Room Dimensions: 2.66m x 2.51m. With under counter space for a washing machine and dryer, radiator, uPVC double glazed frosted rear window and the "Baxi" boiler.
Cloakroom Located off the utility with a uPVC double glazed frosted window, w.c. and a radiator.
Disclaimer Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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 Cromwell Avenue, Grimsby, DN31
Explore nearby