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See how verdicts work4-bedroom flat · DN32 0NQ
For saleListed 1265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this great investment opportunity comprising of two self contained, two bedroom flats with both tenants showing a strong interest on remaining within the property, so a great buy for the investor looking to earn from day one with both tenants currently paying £110 per week.
Both flats comprise of lounge, kitchen, bathroom and two bedrooms. Front and rear gardens with the rear garden providing the ability for off road parking.
Viewing is highly advised and is strictly through the agent only please. Gf Lounge (12' 11'' plus bay x 12' 1'' (3.935m x 3.677m)) UPVC double glazed bay window to the front elevation.
Coving to the ceiling. Laminate wood flooring. Central heating radiator. Gf Bedroom One (12' 10'' x 9' 9'' (3.911m x 2.972m)) UPVC double glazed window to the rear elevation. Central heating radiator.
Coving to the ceiling. Gf Inner Hallway Laminate wood flooring. Central heating radiator. Understairs recess. Gf Second Inner Hallway Central heating radiator. Laminate flooring.
Coving to the ceiling. Gf Bedroom Two (10' 3'' x 7' 6'' plus side bay (3.125m x 2.288m)) UPVC double glazed bay window. Central heating radiator. Coving to the ceiling.
Gf Bathroom (5' 7'' x 7' 6'' (1.691m x 2.290m)) UPVC double glazed window to the side elevation. Fitted with a close coupled w.c, panelled bath and pedestal wash hand basin.
Shower cubicle with electric shower. Tiled splashback. Central heating radiator.
Gf Kitchen (8' 1'' x 10' 10'' (2.470m x 3.314m)) UPVC double glazed window to the side elevation and French doors to the rear.
Fitted with a range of wall and base units with contrasting roll edged work surfacing with inset stainless steel sink and drainer. Splashback tiling. Integrated oven and four ring gas hob.
Gf Outside Garden to the rear with potential to create off road parking.
Ff Living Room Spacious living room with feature wall paper, 2 UPVC windows and neutral carpet Ff Bedroom 1 Good size double bedroom with original fire place, neutral walls and carpet.
Ff Bedroom 2 Cosy second bedroom with UPVC window and neutral walls. Ff Bathroom Family bathroom comprising of bath, toilet, basin and separate shower cubicle.
Ff Kitchen Modern kitchen with integral oven and hob, wooden units with plenty of cupboard space. Note Please note this property is in a conservation area.
Buyers are encouraged to make further enquiries with the local council or their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 107, Welholme Road (GF & FF), Grimsby
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