3-bedroom terraced house · DN31 2QP
To rentReduced £55 (−8.5%) on 3 OctListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Farrow Estate Agents are delighted to present this generously sized three bedroom mid terrace family home to the market.
Found in this popular Grimsby (DN31) location on Elsenham Road, the property is ideally placed within a wide range of amenities, regular transport links, in catchment of well regarded schools and within walking distance to Grimsby Town Centre, making it the ideal go to property for potential tenants.
Boasting spacious living accommodation throughout, allowing potential tenants to move straight into.
Briefly comprising of a convenient and airy entrance hallway, spacious and welcoming lounge / diner with large bay window, modern fitted kitchen / diner with array of base units and ample space for kitchen appliances.
The modern three piece suite family bathroom is also located downstairs. The first floor has a generous and convenient landing area which serves the three good sized bedrooms.
All the bedrooms are good doubles. Externally, the property boasts low maintenance gardens to the front and rear. The front garden is gated with secured knee high brick fencing.
The rear garden is also enclosed and mainly surrounded by 5ft fencing. It also has a small paved area which provides the perfect space for entertaining.
Entrance Hallway Living Room (3.43m x 3.20m (11'3 x 10'6)) Dining Room (3.63m x 3.35m (11'11 x 11'0)) Kitchen (4.27m x 2.57m (14'0 x 8'5)) Bathroom (2.34m x 1.57m (7'8 x 5'2)) First Floor Landing Bedroom 1 (4.24m x 3.48m (13'11 x 11'5)) Bedroom 2 (3.61m x 2.62m (11'10 x 8'7)) Bedroom 3 (4.27m x 2.57m (14'0 x 8'5)) Front & Rear Gardens
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 81, Elsenham Road, Grimsby
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