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See how verdicts work3-bedroom terraced house · DN32 8BA
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for investors, developers or cash buyers to acquire this traditional Victorian bay-windowed mid-terrace property, which is offered for sale at offers over £30,000 and requires comprehensive modernisation and refurbishment throughout.
The property has been largely stripped back internally, including exposed brick walls, and will require a full programme of works to bring it up to modern standards.
While requiring significant investment, the property retains some original features and offers considerable potential for those looking for a renovation project.
The accommodation briefly comprises two reception rooms, kitchen/diner, utility area and ground-floor WC, with the first floor providing three bedrooms and a bathroom.
The property benefits from gas central heating and electricity, although these services have not been tested. Externally, there are gardens to both the front and rear.
This is a property that will require essentially everything to be completed, including refurbishment, redecoration and modernisation, but could provide an attractive investment opportunity once renovated.
Cash buyers only. Viewing is recommended for those looking for a substantial project with potential.
Draft Details - PLEASE NOTE THESE ARE DRAFT PARTICULARS AWAITING FINAL APPROVAL FROM THE VENDOR, THEREFORE THE CONTENTS HEREIN MAY BE SUBJECT TO CHANGE AND MUST NOT BE RELIED UPON AS AN ENTIRELY ACCURATE DESCRIPTION OF THE PROPERTY.
Measurements - All measurements are approximate. Accommodation - . Porch - REtaining original tiled floor Entrance - Accessed via wooden door.
Hallway - Original coving and stairs leading to first floor.
Lounge - 4.18 x 3.12 (13'8" x 10'2") - Original bay window to the front aspect, original coving and an attractive open brick fireplace with ornate wall-mounted mantel and plate rack, along with a radiator.
Dining Room - 5.75 x 4.17 (18'10" x 13'8") - Having original coving, raditor and window to the rear aspect.
Kitchen Diner - 6.17 x 2.75 (20'2" x 9'0") - Two windows and a door to the side aspect, original sink unit fitted.
Utility/Cloakroom - 1.64 x 2.75 (5'4" x 9'0") - Having plumbing and two windows to the rear aspect. First Floor - .
First Floor Landing - Split level with enclosed bannister and original storage cupboard. Bedroom One - 4.19 x 3.57 (13'8" x 11'8") - Window to the front aspect, radiator and original tiled fireplace.
Bedroom Two - 3.75 x 2.48 (12'3" x 8'1") - Window to the rear aspect and radiator. Bedroom Three - 2.73 x 2.63 (8'11" x 8'7") - Window to the rear aspect, housing the boiler and tank.
Bathroom - 1.87 x 1.67 (6'1" x 5'5") - Having plumbing and a window to the side aspect.
Outside - The Gardens - Walled front garden with walled and fence rear garden and new wooden gate leading to the passageway.
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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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 Durban Road, Grimsby
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