2-bedroom house · DN31 2BE
For saleReduced £5k (−7.7%) on 10 SepListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Farrow Estate Agents are delighted to present this generously sized two bedroom mid terrace home to the market.
Found in this popular Grimsby location on Cromwell Road the property is ideally placed within a wide range of amenities, regular transport links, in catchment of well regarded schools and walking distance to Grimsby Leisure Centre making it the perfect purchase for a multitude of buyers.
Boasting spacious living accommodation throughout, allowing any purchaser the ability to add their own stamp on it.
Briefly comprising of a convenient and airy entrance hallway, bright and welcoming lounge, separate dining room with ample space for furniture, and spacious kitchen with some base units and ample space for appliances.
To the first floor, there is a solid landing area which serves two well sized bedrooms. All the bedrooms are generously sized. The family bathroom is also located on the first floor.
Externally, the property benefits from front and rear gardens. The rear garden is partly paved but enclosed to all sides.
It also has a small paved area which provides the perfect space for entertaining.
"All services/appliance have not and will not be tested" Entrance Hallway Living Room (3.48m x 3.20m (11'5 x 10'6)) Dining Room (4.24m x 3.78m (13'11 x 12'5)) Kitchen (4.29m x 2.41m (14'1 x 7'11)) First Floor Landing Bedroom 1 (4.24m x 3.53m (13'11 x 11'7)) Bedroom 2 (3.76m x 2.49m (12'4 x 8'2)) Bathroom (2.69m x 2.41m (8'10 x 7'11)) Front & Rear Gardens
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 217, Cromwell Road, Grimsby
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