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See how verdicts work3-bedroom terraced house · DN32 9HZ
Sold STCListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Meteor Homes are pleased to bring to market this 3 bedroom terraced home located on Convamore Road, close to the junction of Welholme Road. The property is currently tenanted, achieving £650pcm.
The property offers spacious accommodation throughout complete with ground floor bathroom. There is scope for improvement within the property and could be offered with vacant possession if preferred.
To the ground floor are two reception rooms, fitted Kitchen and Bathroom. To the first floor are three good sized bedrooms and outside is a small enclosed front yard and rear garden.
uPVC double glazed entrance door opens into; Entrance Lobby With tiled floor and further door into; Entrance Hall With radiator. Lounge - 4.22m x 2.94m With uPVC double glazed bay window and radiator.
Dining Room - 4.08m x 3.06m With uPVC double glazed window, gas fire and radiator.
Kitchen - 3.94m x 2.27m With a range of white fitted units, plumbing for washing machine and uPVC double glazed window.
Bathroom - 2.25m x 1.86m With white suite comprising washbasin, WC and panelled bath. There is also a tiled floor and uPVC double glazed windows. Stairs off hallway to first floor landing.
Bedroom 1 - 3.97m x 3.62m With uPVC double glazed window and radiator. Bedroom 2 - 4.08m x 2.36m With radiator and uPVC double glazed window.
Bedroom 3 - 3.81m x 2.31m With boiler, radiator and uPVC double glazed window. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 Convamore Road, Grimsby
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