2-bedroom flat · DN31 2JA
Sold STCListed 386 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ATTENTION INVESTORS. Meteor Homes are proud to bring to market this spacious end terraced property that has been split into two flats with a Detached Garage to the rear.
This is an excellent investment opportunity. Both flats consist of one bedroom. The ground floor property is currently let to a long term tenant who is paying £475pcm.
There is a semi open plan Lounge and Kitchen area, Double Bedroom and Bathroom, there is also an enclosed rear yard.
The first floor flat is currently vacant and comprises of Lounge, Kitchen, Bedroom and Bathroom. Externally is Detached Garage which has previously been let at £10pw.
66A Entrance Hall With uPVC double glazed entrance door and built in cupboard. Bathroom - 2.39m x 1.51m With white bathroom suite that comprises WC, washbasin and panelled bath with shower over.
Radiator and uPVC double glazed window. Kitchen - 2.37m x 2.70m With beech effect fitted units, built in electric oven and 4 ring gas hob and uPVC double glazed window.
Lounge - 4.91m x 3.95m With uPVC double glazed window and radiator. Bedroom - 4.71m x 3.63m With built in cupboard, radiator and uPVC double glazed window.
66B uPVC double glazed entrance door accessed off Lister Street opens into lobby with staircase rising to; Landing With uPVC double glazed window and radiator.
Lounge - 4.50m x 3.64m With radiator and uPVC double glazed window.
Kitchen - 3.46m x 2.39m With uPVC double glazed window, wall mounted boiler, radiator, stainless steel sink unit, range of maple effect fitted units, built in electric oven and 4 ring gas hob.
Bedroom - 3.74m x 3.12m With radiator and uPVC double glazed window.
Bathroom - 1.82m x 1.70m With coloured suoite that comprieses of a panelled bath with telephone shower attachment, pedestal washbasin and WC. There is also a radiator and uPVC double glazed window.
what3words /// landed.stole.visits 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
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
FAQ
About Henry Street, Grimsby
Explore nearby