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See how verdicts work2-bedroom flat · DN32 0DR
For saleListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crofts Estate Agents are delighted to bring to the market this impressive and characterful period apartment, enjoying a highly desirable position overlooking the beautiful People’s Park.
Offering spacious accommodation, a superb central location and access to extensive communal gardens and generous rear parking, this is an excellent opportunity for both owner-occupiers and investors alike.
The property forms part of a particularly well-maintained period building, with the communal areas and grounds also cared for to a good standard.
The flat itself is spacious and well presented, offering a versatile layout that combines traditional character with practical modern living.
The accommodation briefly comprises a communal entrance hallway, private entrance into the apartment, front-facing lounge, lengthy inner hallway, generous double bedroom, further single bedroom, family bathroom and an impressive kitchen/diner.
A particular highlight is the spacious kitchen/diner, which benefits from a balcony/fire-escape overlooking the attractive rear communal gardens, creating a lovely spot to enjoy the outlook and providing access down to the grounds.
Externally, the property benefits from a large communal garden to the rear together with ample parking, providing excellent convenience for residents and visitors alike.
The central location places a wide range of local amenities, shops, services and facilities within easy walking distance, making this an ideal choice for those seeking convenient town-centre living.
The property is held on a 999-year lease commencing from 1992 and benefits from a monthly service charge of £80, which covers maintenance of the communal gardens and hallways, window cleaning and communal lighting.
With its attractive period setting, generous accommodation, balcony overlooking the gardens, excellent parking and enviable position overlooking People’s Park, this is a property that offers considerably more than the typical apartment and early viewing is strongly recommended.
Communal Area A beautiful reception hallway with intercom access gives you the first glimpse of the quality of this building and is without a doubt superbly maintained and kept by the residents.
Staircase leading to the first and second floor apartments. Apartment Hallway With entry door the hallway is attractively presented and a split level landing.
Velux window allowing for natural light to brighten the area. Central heating radiator.
Living Room (14' 8'' x 14' 6'' (4.46m x 4.42m)) Pleasantly presented and having a uPVC double glazed window to the front aspect. Central heating radiator.
Kitchen/Diner (13' 1'' x 13' 1'' (4.00m x 4.00m)) This well apportioned dining kitchen offers a good complement of fitted wall and base units along with contrasting work surfacing with inset stainless steel sink and drainer.
Space and plumbing for a washing machine. Gas cooker point and space for a larder fridge freezer. Wall mounted gas boiler. Central heating radiator.
French doors to the rear opening onto the balcony/fire escape.
Bathroom (9' 4'' x 6' 7'' (2.85m x 2.00m)) A modern bathroom equipped with a p-shaped shower bath, pedestal wash hand basin and a close coupled w.c. Central heating radiator.
Tiled splashback to the bath/shower area. Fitted extractor fan. Bedroom One (14' 5'' x 10' 4'' (4.40m x 3.14m)) Offering double glazed windows to the rear and side elevations.
Central heating radiator. Bedroom Two (10' 0'' x 5' 8'' (3.04m x 1.73m)) Single bedroom with Velux window and central heating radiator.
Balcony To Rear Outside To the rear is a communal block-paved parking and turning area, providing convenient off-street parking.
Beyond this lies a well-maintained shared lawned garden with mature trees, shrubs and planted borders, offering an attractive and peaceful outlook.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Second Floor Flat 6, 25-27, Welholme Road, Grimsby
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