3-bedroom bungalow · DN37 9SH
For saleReduced £60k (−32.4%) on 20 OctListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely three-bedroom detached bungalow is for sale in a popular residential area on the outskirts of Grimsby, offering a generous plot with driveway for two cars, garage, and a pleasant enclosed garden.
Accommodation comprises an oak-faced kitchen fitted with oven and hob, sink, and plumbing for a washer.
There is one reception space, a spacious lounge, a bathroom with walk-in shower, WC and sink with vanity units, and three bedrooms. The home benefits from uPVC double glazing and gas central heating.
Located on the western side of Grimsby, the bungalow is well placed for local amenities including supermarkets, everyday shops and healthcare facilities in the surrounding neighbourhoods.
There are several green spaces and established walking routes nearby, with easy access to parks and recreational areas around Grimsby and neighbouring villages.
Public transport links are available via local bus routes connecting into Grimsby town centre and onwards to Cleethorpes.
Grimsby Town railway station, reachable in around 10–15 minutes by car or bus depending on traffic, offers services to destinations such as Lincoln, Barton-on-Humber and Doncaster, with connections to wider national routes.
The location is suitable for families and retirees, with schools, local services and leisure facilities accessible within a short drive.
This detached bungalow represents a practical option for those seeking a single-storey home in Grimsby with scope for improvement.
Location Located on the western side of Grimsby, the bungalow is well placed for local amenities including supermarkets, everyday shops and healthcare facilities in the surrounding neighbourhoods.
There are several green spaces and established walking routes nearby, with easy access to parks and recreational areas around Grimsby and neighbouring villages.
Public transport links are available via local bus routes connecting into Grimsby town centre and onwards to Cleethorpes.
Grimsby Town railway station, reachable in around 10–15 minutes by car or bus depending on traffic, offers services to destinations such as Lincoln, Barton-on-Humber and Doncaster, with connections to wider national routes.
Value & comps
No previous sales on record.
Returns
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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 15 Fortuna Way, Grimsby
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