3-bedroom house · DN32 7PF
For saleReduced £2.5k (−3.7%) on 21 AugListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now available to market is this deceptively spacious and fully compliant buy to let investment which includes a sitting tenancy currently returning £525 pcm.
Having been well maintained and subject to full compliance checks and certification, this property offers any investor or landlord a chance to acquire a long term tenancy with fantastic payment record.
Situated within central Grimsby, the property enjoys close proximity to the wide range of amenities offers by both the town centre itself as well as Freeman Street and Grimsby Road highstreets.
The ground floor consists of two spacious reception rooms, a modern fitted kitchen and family bathrooms.
First floor consists of three sizable bedrooms, making the property ideal for established families. More information can be available on request, including compliance details where required.
Hall Lounge (3.5m x 2.64m (11' 6" x 8' 8")) Dining Room (3.58m x 3.49m (11' 9" x 11' 5")) Kitchen (3.49m x 2.01m (11' 5" x 6' 7")) Bathroom Bedroom 1 (3.58m x 3.5m (11' 9" x 11' 6")) Bedroom 2 (2.65m x 2.55m (8' 8" x 8' 4")) Bedroom 3 (3.49m x 1.98m (11' 5" x 6' 6"))
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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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 179, Weelsby Street, N E Lincs
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