3-bedroom terraced house · DN32 0JS
For saleListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Roost Estate Agents are delighted to present this versatile and spacious mixed-use property, ideally positioned in a central and highly convenient location within Grimsby.
Offering an excellent investment opportunity, this property comprises a ground floor commercial unit—most recently operating as a dog grooming salon—and a well-proportioned one-bedroom flat to the first floor.
Located close to a wide range of local amenities, public transport links, and just a short distance from Grimsby town centre, this property is perfectly placed for both commercial and residential use.
The ground floor features a large shop frontage with excellent street visibility, perfect for a variety of business uses.
To the rear, there is a separate room offering additional work or storage space, as well as a convenient WC.
Upstairs, the self-contained flat is accessed via a private entrance and offers well-maintained accommodation.
It includes a generous bay-fronted living room, a fitted kitchen, a double bedroom, and a shower room—making it ideal for tenants or owner-occupiers alike.
Externally, the property benefits from a substantial outbuilding, providing further storage or potential development opportunities (subject to planning).
Partially double glazed, the property is ready to be occupied or let immediately.
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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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 Farebrother Street, Grimsby
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