4-bedroom house · DN32 9EQ
To rentReduced £30 (−6.3%) on 30 JulListed 98 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover comfortable and convenient living in this well-presented House of Multiple Occupation, ideally situated in a sought-after Grimsby location.
Perfect for professionals or students seeking a hassle-free lifestyle, this property offers furnished ensuite bedrooms, each thoughtfully designed to provide privacy and comfort.
Bedroom 2 is a spacious rear-facing single room, with a large en-suite bathroom. It includes a bedside table, a comfortable single bed and free standing wardrobe.
Available for £500 per month, with a £300 security deposit Maximum occupancy per room is one person. Every bedroom features its own private bathroom, ensuring a personal retreat for every resident.
The communal areas are furnished and maintained to a high standard, creating a welcoming space for relaxation or socialising with housemates.
All utility bills, including council tax, electricity, water, and high-speed internet, are included in the rent, allowing you to enjoy stress-free budgeting and peace of mind.
The property is conveniently located within easy reach of local amenities, shops, and transport links, making daily commutes and errands effortless.
Rent for each ensuite room is competitively priced, with a security deposit required prior to move-in (please enquire for specific rates and availability).
With flexible tenancy options and a straightforward application process, this property is an excellent choice for those seeking quality accommodation in Grimsby.
To arrange a viewing or to request further information, please contact our agency and a member of our team will be happy to assist you.
Castle Homes will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: • A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
• An affordability assessment to ensure each applicant’s income will sufficiently cover the rental payments.
• To pass the affordability check, tenants must have an annual income of 2.5 times the annual rent. Ie if the rent is £1100 per month, you would need an income of £33,000 per year or greater.
• Each applicant’s affordability is assessed individually against the criteria.
However, couples who have previously co-habited, are married or are in a civil partnership will have their incomes combined and assessed jointly.
• Self- will require an accountant’s reference and should have accounts for a minimum of two years. • Employment checks to confirm your start date, salary and if your position is permanent.
• A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease. • ‘Right to rent’ id checks.
Location The location provides excellent walkability to Grimsby Town Centre and Grimsby Docks, with local amenities on your doorstep.The DN32 postcode covers a highly accessible corridor in Grimsby, connecting the town center toward Cleethorpes.
Key Location Highlights 10 minute drive to Diana, Princess of Wales Hospital (dpow). Commuting & Transit: You are roughly a 10-15 minute walk (0.5 miles) from Grimsby Town Train Station.
Local bus networks run frequently along nearby main thoroughfares.Amenities: Supermarkets, convenience stores, takeaways, and local parks (such as People's Park to the south) are all within easy walking distance.
Bedroom 2 Spacious ensuite bedroom with single bed, beside table and wardrobe Shared Kitchen Diner Spacious, modern, fully equipped kitchen diner.
Shared Downstairs Toilet Guest toilet room at back of kitchen Shared Living Area Comfortable living space.
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.
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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 Room 2, 89 Ladysmith Road, Grimsby
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