1-bedroom flat · DN31 2RL
Let agreedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
To let – a well-presented one-bedroom flat in Gilbey Road, Grimsby, offered in good condition with neutral décor and a shared rear garden.
Set on an established residential street close to Freeman Street and Grimsby town centre, the property provides a bright reception room with carpeted flooring and a focal fireplace surround, offering a comfortable living area.
The separate kitchen has wood-effect flooring, ample wall and base units and space for appliances, creating a practical cooking space.
The double bedroom is generously sized with neutral carpets and walls. A modern white bathroom suite with tiled walls and a shower-over-bath completes the accommodation.
The flat benefits from access to a shared rear garden, with steps leading down to a low-maintenance yard area.
The property has an EPC rating of C and falls within Council Tax Band A, helping to keep running costs manageable. A zero-deposit option is available, subject to terms.
Gilbey Road is conveniently positioned for local shops along Freeman Street, with supermarkets and everyday amenities within easy reach.
Grimsby town centre provides a wider range of retail, cafés and eateries, while nearby People’s Park and Sidney Park offer green space for walking and leisure.
Public transport links are good: Grimsby Docks station is approximately a 10–15 minute walk, with services to Grimsby Town, Cleethorpes and onward connections to Lincoln and Manchester, while Grimsby Town station in the centre is also easily reached by bus.
Road links via the A180 give straightforward access towards Immingham, the Humber Bridge and the wider motorway network.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
GRI260505/8 Main Accommodation Entrance Hall Living Room (4.01m x 3.15m (13' 2" x 10' 4")) Kitchen (3.48m x 2.74m (11' 5" x 9' 0")) Bedroom (3.15m x 3.15m (10' 4" x 10' 4")) Bathroom (1.83m x 1.8m (6' 0" x 5' 11"))
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 advisors 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 49A, Gilbey Road, Lincolnshire
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