3-bedroom house · DN31 2EQ
For saleListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Chain. A great first home or buy to let investment located approximately 1/2 mile from Grimsby town centre (Freshney Place area) and with local amenities close at hand.
Deceptive and extended at the rear, it has 3 bedrooms and the bathroom on the first floor with 2 separate reception rooms and a modern kitchen on the ground floor.
Tidy and in good order it's ready to be occupied now. Gas central heating and double glazing are throughout.
Outside there's a small forecourt to the front and an enclosed southerly yard at the rear with more than enough space to sit out. At this price we're expecting lots of interest.
Don't be put off by the untidy front photo! Watch our 360 virtual tour to see for yourself what a deal this is. Council Tax Band A EPC Rated D
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
FAQ
About 6, Newby Road, GRIMSBY
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