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See how verdicts work2-bedroom terraced house · DN32 0NN
Listing removedListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Farrow Estate Agents are delighted to offer to the market this opportunity to purchase two separate converted apartments.
The top floor is purposely converted into a spacious self contained one bedroom apartment, and the ground floor is also converted into a rather spacious one bedroom apartment.
Situated in this popular residential position, close proximity to Grimsby Town Centre and within reasonably easy reach of amenities as well as the famous Weelsby Woods, this should make an ideal investment opportunity or family home.
The well designed accommodation comprises of: Two rather spacious lounges, fitted kitchens and well equipped bathrooms.
The ground floor apartment is designed to hold a spacious double bedroom, large living room with stylish window, fitted kitchen with ample storage units and a well equipped bathroom with shower over the bath.
The rear door can be accessed via the kitchen. The first floor apartment can be accessed via the front entrance with it's secured door to the first floor.
There is also a very spacious living room / diner, a modern and attractive fitted kitchen with array of units, good sized double bedroom and a well equipped bathroom.
There is also a metal stairway which gives access to the rear garden. Externally, the property offers gardens to the front and a small courtyard to the rear. Both of which are easy to maintain.
Ground Floor Flat Living Room (3.51m x 3.28m (11'6 x 10'9)) Bedroom (3.94m x 2.34m (12'11 x 7'8)) Kitchen (4.50m x 2.57m (14'9 x 8'5)) Bathroom (2.57m x 1.80m (8'5 x 5'11)) First Floor Flat Living Room (4.27m x 3.51m (14'0 x 11'6)) Bedroom (3.94m x 2.64m (12'11 x 8'8)) Bathroom (2.46m x 1.78m (8'1 x 5'10)) Kitchen (3.00m x 2.57m (9'10 x 8'5)) Front & Rear Gardens
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 44, Legsby Avenue, Grimsby
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