We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DN32 8EX
For saleReduced £3k (−2.1%) on 10 SepListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now available to market is this well presented and conveniently located semi-detached house.
An excellent opportunity for a buyer to acquire a stylish starter home or potential lucrative investment, benefitting from a new boiler installed February 2026.
Located in this popular area of central Grimsby, the property boasts close access to both Grimsby and Cleethorpes as well as having a range of amenities in close proximity such a shops, eateries and schools.
The ground floor consists of a spacious, dual aspect, bay fronted lounge/diner which offers plentiful reception space while a modern and stylish fitted kitchen provides the benefit of ample storage and work surface.
Further convenience can be found in the form a utility room. The first floor consists of a modern family bathroom and two well-appointed double bedrooms.
The property also boasts a large rear garden with plentiful space for leisure or family play as well as open views of playing fields to the rear that ensures privacy.
The plot also boasts off road parking in the form of a driveway and a detached garage for additional storage space.
This agent would highly recommend internal viewings to appreciate all that it has to offer.
Hallway Lounge/Diner (5.92m x 3.35m (19' 5" x 11' 0")) Kitchen (4.25m x 2.26m (13' 11" x 7' 5")) Utility Room (1.32m x 0.89m (4' 4" x 2' 11")) Landing Bedroom 1 (4.2m x 3.08m (13' 9" x 10' 1")) Bedroom 2 (3.35m x 2.82m (11' 0" x 9' 3")) Bathroom (1.8m x 1.7m (5' 11" x 5' 7"))
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
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FAQ
About 31, Colin Avenue, N E Lincs
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