4-bedroom house · DN32 9LD
Listing removedListed 102 daysAuction 28 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 28/07/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A four bedroom terraced house, in need of modernisation. Benefitting from a Private Garden. Well located for the amenities and transport links of Grimsby.
Investsment let at £7,800 per annum Location City Centre Position - Hainton Avenue gives you quick access to Grimsby town centre, with Freshney Place Shopping Centre, Primark, Boots, and The Entertainer all within easy reach.
You’re also close to local convenience stores, takeaways, and cafés along Hainton Avenue and Freeman Street.
Independent favourites like Freeman Street Market add everyday practicality to the neighbourhood.
Surrounded by Green and Heritage - The property sits near Grimsby’s heritage spots, including Grimsby Minster and the Fishing Heritage Centre, as well as green spaces like People’s Park and Grant Thorold Park, offering peaceful areas for walking and leisure.
Excellent Transport Connectivity - Grimsby Town Station provides direct rail links to Lincoln, Doncaster, Sheffield, and Manchester.
Regular bus routes run along Hainton Avenue and Cleethorpe Road, giving easy access to Cleethorpes seafront, Grimsby Hospital, and surrounding residential areas.
Strong Local Amenities - Within a short walk you’ll find supermarkets, gyms, local shops, schools, and community facilities.
Buyers benefit from a high‐amenity neighbourhood with strong access to everyday essentials, making it appealing for families, commuters, and investors.
Transport Regular bus routes run directly along Hainton Avenue, with easy connections to Grimsby Town Centre, Cleethorpes seafront, Grimsby Hospital, and nearby residential areas.
Grimsby Town Station offering direct rail links to Lincoln, Doncaster, Sheffield, and Manchester. Strong road access.
Tenancy Let on a periodic tenancy at a rental of £650 per calendar month Accommodation Ground Floor - Three Reception Rooms, Kitchen, Shower Room, WC. First Floor - Four Bedrooms, Bathroom/WC.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 229 Hainton Avenue, Grimsby
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