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See how verdicts work2-bedroom flat · DN32 8AL
Listing removedReduced £11k (−16.7%) on 8 AugListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This freshly refurbished second floor apartment is now available for immediate tenancy and offers a deceptively spacious apartment which overlooks the park.
Boasting a central Grimsby location which is well within walking distance from a full range of amenities. The apartment consists of private staircase for entry with newly fitted intercom.
Two Bedrooms, a large reception room, a modern fitted kitchen and three piece family bathroom.
The apartment also benefits from a gated area of hard standing that can be utilised A holding deposit of £75 (Per tenancy) is required to reserve the property.
On successful completion of referencing and the tenancy being agreed the £75 holding deposit will be deducted from the first month's rent leaving the balance payable of £550 and the deposit of £720, (5 Weeks rent).
Council tax band A (This information was taken on the 14th July 2025 and is for guidance purposes only). All interested parties are advised to make their own enquiries into this matter.
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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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
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FAQ
About Flat 5, 129, Eleanor Street, N E Lincs
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