We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DN34 4SU
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and characterful two-bedroom townhouse arranged over three floors, ideally located in the heart of Grimsby and offered for sale with no forward chain.
This charming home offers spacious and versatile accommodation, combining period character with modern comforts.
Situated within easy walking distance of Grimsby Town Centre, the train station and a wide range of local amenities, it is ideally suited to first-time buyers, professionals or investors alike.
The property benefits from uPVC double glazing and gas central heating throughout, ensuring year-round comfort and energy efficiency.
Internal accommodation briefly comprises: Entrance Hallway, access to integral garage, Utility and W/C. To the first floor is the Lounge and Kitchen with balcony to both front and rear.
To the second floor are 2 Bedroom and Bathroom. Externally, the home boasts the added convenience of a private driveway and an integral garage, providing valuable off-road parking and storage.
Occupying a sought-after central location and offered with no forward chain for a straightforward purchase, this delightful townhouse presents an excellent opportunity to acquire a distinctive home with plenty of character.
Entrance Hall Utility 4.06m x 2.03m - 13'4” x 6'8” WC First Floor Landing Lounge 4.5m x 4.06m - 14'9” x 13'4” Kitchen 3.18m x 3.05m - 10'5” x 10'0” Front Balcony Rear Balcony Second Floor Landing Bedroom 1 4.5m x 4.09m - 14'9” x 13'5” Bedroom 2 3.2m x 3.1m - 10'6” x 10'2” Bathroom
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
.png)
FAQ
About 16, Pelham Road, Grimsby
Explore nearby