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See how verdicts work3-bedroom house · DN32 9HP
Sold STCListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three bedroom mid terrace property is located on Thomas Street, Grimsby, within reach of local amenities, schools and transport links.
The property offers straightforward accommodation suited to first time buyers or investors seeking a buy-to-let opportunity.
The ground floor comprises an entrance hall, living room, dining room, kitchen and bathroom. To the first floor are three bedrooms.
Externally, the property benefits from both front and rear gardens, providing outdoor space for seating, storage or landscaping if required.
An accessible purchase in an established residential area, offering potential for personalisation and long-term use as a home or rental investment.
EPC Rating: C Entrance Hallway Entered via a timber single glazed front door and complete with stairs leading access to the first floor accommodation.
Living Room Dimensions: 3.52m x 4.61m. With a uPVC double glazed front bay window, radiator, timber mantle piece and sliding doors leading into the dining room.
Dining Room Dimensions: 3.66m x 4.31m. With a uPVC double glazed rear window, radiator, under stairs storage space and sliding doors leading access to the living room.
Kitchen Dimensions: 3.11m x 2.88m. With a range of wall and base units incorporating a basin, space for a cooker and space for other white goods.
Complete with partial tiling, uPVC double glazed side window and the "i-Mini" combination boiler. Second Hallway With a timber door leading onto the rear garden and a storage cupboard.
Bathroom A three piece suite comprising of a bath, w.c. and a pedestal hand wash basin. Complete with partial tiling, radiator and a uPVC double glazed frosted window.
Disclaimer Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.
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

FAQ
About Thomas Street, Grimsby, DN32
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