2-bedroom flat · DN34 5AD
Let agreedListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market for LET is this superb ground floor flat located in a beautifully presented period building.
Situated in the close proximity to Grimsby Town Centre, the property is ideally placed. The accommodation comprises of a communal entrance hallway leading to the self contained flat.
The flat comprises of two generous bedrooms, a lounge, kitchen and family bathroom. The property benefits from off-road allocated parking, and well presented communal gardens.
Also part of the LET is a garage to the rear of the building for additional storage. A holding deposit of £100 (Per tenancy) is required to reserve the property.
On successful completion of referencing and the tenancy being agreed the £100 holding deposit will be deducted from the first month's rent leaving the balance payable of £800 and the deposit of £1035 (5 Weeks rent).
Council tax band A (This information was taken on the 14th of September 2026 and is for guidance purposes only). All interested parties are advised to make their own enquiries into this matter.
PLEASE NOTE ONLY PART OF THE BUILDING SHOWN IS AVAILABLE TO LET.
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.
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 advisors 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 55 Bargate, Grimsby, DN34
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