We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DN34 5AD
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
- currently let - This two-bedroom first floor flat is for sale and occupies part of an attractive period building in central Grimsby.
The property is accessed via a communal entrance hall with an impressive return staircase leading to the first floor.
Inside, the flat offers a spacious lounge, separate kitchen, bathroom and two double bedrooms, providing practical accommodation for owner-occupiers or buy-to-let investors.
The flat benefits from gas central heating and a mixture of timber double-glazed and single-glazed windows.
Externally, residents have the advantage of an allocated parking space together with a guest parking area, as well as use of communal gardens.
The property is situated in the immediate town centre, placing a range of everyday amenities, shops and services within easy reach.
People’s Park is nearby, providing green open space, walking routes and a popular community setting.
Grimsby Town railway station is within easy reach, offering regular services to destinations such as Manchester, Sheffield and Lincoln, with journey times to Lincoln typically around one hour.
Local bus routes also connect the area with surrounding neighbourhoods and the wider town, supporting convenient access for commuters, students and families.
Currently let at £520 per calendar month / £120 per week, this flat presents an opportunity for buy-to-let investors seeking a centrally located two-bedroom flat in Grimsby with parking and communal outdoor space.
EPC Rating: C Location Grimsby Town railway station is within easy reach, offering regular services to destinations such as Manchester, Sheffield and Lincoln, with journey times to Lincoln typically around one hour.
Local bus routes also connect the area with surrounding neighbourhoods and the wider town, supporting convenient access for commuters, students and families.
Disclaimer We endeavour to ensure that our sales particulars are accurate and reliable; however, they do not constitute or form part of an offer or contract and should not be relied upon as statements or representations of fact.
Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the information provided.
Material Information relating to this property has been collected from our clients and, to the best of our knowledge and belief, is accurate at the time of publication.
Should any prospective purchaser require clarification or confirmation of any Material Information, we encourage them to contact us and we will make every effort to verify the details.
Any services, systems and appliances referred to within these particulars have not been tested by us, and no warranty or guarantee is given as to their condition, operating ability or efficiency.
All measurements are provided as a guide only and should not be relied upon as precise.
If you require further information or clarification on any aspect of the property, particularly before travelling a significant distance to view, please contact us.
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
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
.png)
FAQ
About Flat 7, 51 Bargate, Grimsby
Explore nearby