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See how verdicts work4-bedroom house · DN34 5PN
Listing removedListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a deceptively spacious four-bedroom mid-terrace home, ideally positioned within easy reach of excellent local amenities, a nearby supermarket, well-regarded schools and colleges, and frequent bus links providing convenient access to the town centre.
This substantial property offers far more accommodation than first meets the eye. A welcoming and generously proportioned entrance hall sets the tone, creating an immediate sense of space.
To the ground floor, a convenient cloakroom adds practicality for family living and visiting guests.
The kitchen provides ample storage and workspace, with excellent potential to modernise or personalise to suit individual tastes.
Spanning the rear of the property, the impressive lounge dining room offers a superb open-plan living and entertaining space, filled with natural light and perfectly suited to both everyday family life and larger gatherings.
To the first floor, the landing leads to four good-sized bedrooms, offering flexibility for growing families, home working, or guest accommodation.
The family bathroom is fitted with a suite that includes a separate shower, catering comfortably to busy households. Externally, the property continues to impress.
The rear garden features a paved patio area immediately behind the house, ideal for outdoor seating and summer dining, leading onto an extensive lawn providing excellent space for children and recreation.
Two brick-built outbuildings offer valuable storage or workshop potential. To the front, a block-paved driveway provides off-road parking, complemented by a neat lawned garden.
Offering generous proportions, outdoor space and superb convenience, this is a fantastic opportunity to secure a sizeable family home in a well-connected and established location.
Entrance Hall (9' 3'' x 8' 3'' (2.82m x 2.52m)) Lounge (21' 5'' x 12' 4'' (6.52m x 3.75m)) Kitchen (11' 9'' x 11' 2'' (3.59m x 3.40m)) Cloakroom (4' 6'' x 2' 8'' (1.36m x 0.81m)) Stairs And Landing Bedroom One (10' 10'' x 12' 4'' (3.29m x 3.75m)) Bedroom Two (11' 2'' x 10' 5'' (3.40m x 3.18m)) Bedroom Three (10' 4'' x 9' 2'' (3.15m x 2.79m)) Bedroom Four (10' 0'' x 6' 6'' (3.04m x 1.97m)) Family Bathroom (5' 5'' x 10' 1'' (1.64m x 3.08m)) Rear Garden Front Garden And Parking
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
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FAQ
About 516, Laceby Road, Grimsby
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