1-bedroom house · DN32 9LW
Listing removedListed 226 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Immediately Shared Property Available - All Bills Included Ideally located close to Grimsby town centre, is this superb 1st floor room, located in a beautiful shared house.
Area description Close to the town centre , local amenities, schools and public transport .
Property description Ideally located close to Grimsby town centre, is this superb 1st floor room, located in a beautiful shared house.
This modern first floor room is furnished with double bed (bedding not included) wardrobe, desk space, and television, ensuite bathroom with shower.
The house is finished to a superb standard and benefitting from gas central heating and UPVC double glazing, modern communal fitted kitchen with two cookers, hobs and fridge freezers plus relaxation area.
Communal areas cleaned on a regular basis by professional cleaner. Externally rear garden laid to concrete with communal bike store and storage area.
Parking – Street parking EPC Rating C Council Tax: A (included in rent) Tenancy Information: Rent: £520per calendar month (£120per week) Deposit: £600 Your income must be a minimum of £15,600.
Guarantor (if needed) income £18,720. A holding deposit of £120 (one week’s rent) is required to reserve the property when your application has been agreed for formal referencing.
Once your application has been approved, this amount will be deducted from the combined balance of the first month’s rent and deposit as detailed that will be due.
The tenancy is for a minimum six month period and will revert to a periodic tenancy thereafter. For a list of permitted tenant fees please visit our website.
Further Property Information available: If you would like any further specific information relating to this property, please call or email our team.
Agent information: Lovelle Estate Agency is a member of the ‘Property Mark Client Money Protection’ scheme and a member of ‘The Property Ombudsman’ redress scheme.
Further details are available on our website: and please select the relevant branch. EPC rating: C.
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.
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 Welholme Road, Grimsby, DN32
Explore nearby
