3-bedroom semi-detached house · DN34 4BP
Sold STCListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with No Forward Chain Now available to market is the spacious, robust and enviably located semi-detached house that offers the potential of an ideal family home in a much sought after part of central Grimsby.
The Springway Crescent area enjoys close proximity to the centre of Grimsby and the wide range of amenities that it enjoys which includes a full spectrum of shops, schools, eateries, pubs and even a leisure centre.
The property itself boasts generous proportions and neutral presentation, making it a blank canvas of possibility while still offering a huge amount of potential.
Its lucrative history as a buy-to-let investment also means that it is compliant with modern safety standards, having undergone required gas safety and electrical safety checks at various intervals.
The ground floor consists of a highly spacious, bay fronted and dual aspect lounge and a large, modern fitted kitchen.
Offering versatile and flexible reception space, the lounge could easily accommodate some room for dining as well.
The first floor boasts a family bathroom suite split between a separate w/c and bath/sink combination while three sizable bedrooms complete the available accommodation.
The entire property benefits from gas central heating and PVC double glazing throughout.
A further boon is the easy maintenance, courtyard style rear garden while off road parking is available in the form of a drive to the front.
This agent highly recommends internal viewings to fully appreciate the full potential that this property has to offer.
Hall Lounge (6.74m x 3.45m (22' 1" x 11' 4")) Kitchen (4.86m x 2.55m (15' 11" x 8' 4")) Landing Bedroom 1 (3.7m x 3.63m (12' 2" x 11' 11")) Bedroom 2 (3.55m x 3.04m (11' 8" x 10' 0")) Bedroom 3 (2.7m x 2.39m (8' 10" x 7' 10")) Bathroom (2.55m x 1.33m (8' 4" x 4' 4")) W/C
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
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 advisers 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 38, Springway Crescent, NE Lincs
Explore nearby