1-bedroom flat · DN32 9LR
To rentReduced £44 (−9.2%) on 13 SepListed 683 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Affitto Estate Agents are proud to bring to the market this well-presented newly-refurbished shared house consisting of 5 double bedrooms.
The property benefits from having a communal lounge area as well as a low-maintenance outdoor area.
This modern shared house on Welholme Road, Grimsby has easy access to the town centre, close to supermarkets, good takeaways, numerous community shops, with easy access to all major roads in the area.
On-street parking is free without any time restrictions.
A mixture of good sized bedrooms decorated in cool modern colours each furnished with lush grey carpet, double bed with a quality mattress, wardrobe, chest of drawers, bedside table, blackout blinds, TV and high-speed Wi-Fi.
The modern kitchen contains one oven, microwave, kettle, lots of cooking equipment, pots, pans, cutlery, utensils, fridge, freezer, and laundry facilities, also has a communal lounge area with a breakfast bar.
The property has full central heating, double-glazed throughout and soundproofed to ensure your space - stays your space.
The rear of the property has a low maintenance area for smoking outside and a secure bike store with secure access from the rear.
All utilities and high-speed Wi-Fi are included in the rent price and the shared areas of the house are cleaned on a fortnightly basis. *£0 deposit now available* Deposit: £240 Holding Deposit: £120
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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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 175 Welholme Road, Grimsby
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