3-bedroom terraced house · DN32 9JB
Sold STCListed 323 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Meteor Homes are pleased to be able to bring to market this substantial bay fronted terraced home that has bags of potential and is available at this competitive price.
Offering spacious accommodation throughout it would make a great investment, first time buy and family home. This property must be viewed in order to fully appreciate the appeal and potential.
The ground floor comprises of a bay fronted Lounge, Dining Room with under stair recess that provides space which could be utilised, fitted Kitchen and Bathroom.
To the first floor are three double bedrooms and externally there is a small front yard and an easy maintenance rear garden. Call us now to book your viewing.
uPVC double glazed entrance door opens into; Entrance Porch With half tiled walls and original single glazed entrance door. Entrance Hall With radiator and laminate floor.
Lounge - 4.20m x 3.18m With walk in uPVC double glazed bay window, radiator, plate rack, beams to ceiling with original coving.
Dining Room - 4.27m x 3.28m With fire surround and tiled insert, uPVC double glazed window and radiator.
Kitchen - 4.31m x 2.56m With range of wall and base units, gas cooker point, plumbing for washing machine, tiled floor, wall mounted boiler and uPVC double glazed window to side.
Rear Lobby With uPVC double glazed rear entrance door and built in cupboard. Bathroom - 2.54m x 1.62m With white suite that comprises of WC, washbasin and panelled bath.
The floor and walls are tiled, there is a radiator and uPVC double glazed window.
Stairs off hallway lead to first floor landing with doors off to; Bedroom 1 - 4.24m x 3.69m With radiator and uPVC double glazed window.
Bedroom 2 - 4.30m x 2.54m With uPVC double glazed window and radiator. Bedroom 3 - 4.18m x 2.56m With radiator and uPVC double glazed window.
Outside There is a small front yard and to the rear an easy maintenance rear garden that is enclosed by fencing. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Welholme Road, Grimsby
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