4-bedroom terraced house
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious Edwardian style 4 bedroom terrace home located in a lovely area just off Weelsby Road with close links for Grimsby and Cleethorpes town centres and the reputable Lisle Marsden school.
The beautiful Peoples Park is also within easy walking distance, as are Franklin Sixth Form College and Grimsby Institute.
This substantial property stands back from the main road with the benefit of off street parking and a pleasant private rear garden.
The generous accommodation comprises of an entrance hall with cloakroom and stairs ascending to the first floor Landing, the Lounge has a walk in bay window with a feature fireplace and ornate coving to ceiling, which has a large walk in window and fitted shelving.
To the rear is a contemporary style open plan fitted breakfast Kitchen which incorporates double Belfast sink, range oven, 6 ring gas hob and extractor hood.
There is recessed spotlights to the ceiling and French doors open onto the rear garden. To the first floor, there are four good sized bedrooms, with fitted wardrobes in Bedrooms 1 and 2.
There is a Shower Room suite adjacent to the main Bedroom and a 4 piece Bathroom suite which serves the whole family.
Parking: Off Road Parking EPC Rating - D Council Tax Band - C Deposit £1,500.00 Holding Deposit (per tenancy) £300.00 A holding deposit equivalent to one week's rent is required to reserve the property.
Please note that the holding deposit may be retained if any relevant person (including any guarantor) withdraws from the proposed tenancy, fails a Right to Rent check, provides false or misleading information which materially affects their suitability to rent the property, or fails to take all reasonable steps to enter into the tenancy agreement (and/or Deed of Guarantee) within 15 calendar days, or within any other deadline agreed in writing between the parties.
Assured Periodic Tenancies The property will be let on an Assured Periodic Tenancy (rolling monthly tenancy). The landlord is seeking tenants interested in longer-term occupation.
The Renters' Rights Act 2025 New legislation commenced in May 2026, introducing changes affecting both existing and new tenancies.
If you are currently renting, please check your notice period with your landlord before arranging a viewing.
Please note that the tenant notice period for Assured Periodic Tenancies is a minimum of two months' notice, ending on a rent payment date or the day before a rent payment date falls due.
Accessing applicant(s) rent affordability: All applicants are assessed on their outgoing credit commitments and basic expenditures relevant to renting a home.
These findings are then compared to the applicants' monthly income to determine if the rent is affordable to the applicant(s).
HomeLet presents this figure to the agent/landlord on the final report, which will give an understanding of the maximum rent that the applicant is able to afford based on the applicant's declared monthly income.
All applicants must be fully referenced by HomeLet Affordability Example 20% of total monthly income taken for expenses (as per HomeLet's process) minus outgoings = total rent affordability Monthly income is £3,500 20% of that is £700 Minus applicants monthly outgoings £800 Applicants Maximum Rent share available is £2,000 (this is an example only and doesn't represent any figures for this specific property) For further information on the process, please speak to a member of the rental team.
Hall Cloakroom Living Room 4.78m x 3.63m - 15'8” x 11'11” Living Room 4.2m x 4.01m - 13'9” x 13'2” Dining Room 4.85m x 3.4m - 15'11” x 11'2” Kitchen 5.49m x 3.35m - 18'0” x 10'12” Bedroom 1 3.94m x 3.28m - 12'11” x 10'9” Bedroom 2 4.2m x 4.04m - 13'9” x 13'3” Bedroom 3 3.4m x 3.15m - 11'2” x 10'4” Bedroom 4 2.44m x 2.36m - 8'0” x 7'9” Bathroom 2.44m x 2.41m - 8'0” x 7'11” Shower Room 3.05m x 1.45m - 10'0” x 4'9” Unknown Unknown
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Park Avenue, North East Lincs
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