House · DN32 9LD
Listing removedListed 257 days
Opportunity summary
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About
Calling all Landlord Investors Jackson Green & Preston are offering to the market 8x self contained Flats converted from 3x former Terraced Houses and are located on Hainton Avenue in Grimsby.
An ideal investment opportunity there are 6x 1 bedroomed Flats and 2x 2 bedroomed Flats. The properties are in a mix of general condition with 3 units currently unoccupied.
We anticipate a rental income if refurbished and fully let in the region of £23,400 per annum which would represent a very attractive investment return of 8.5% on the current advertised price.
There is a small garden to the front and parking to the rear. 219 Hainton Avenue Entrance Hall Living Room 3.64m x 3.52m With radiator and UPVC double glazed bay window.
Inner Hallway With radiator and storage cupboard. Bedroom 1 3.36m x 2.95m With radiator and UPVC double glazed window unit.
Kitchen 3.39m x 1.96m With Vaillant combination boiler and a selection of wall and base units. Radiator. Bathroom Low flush w.c, pedestal basin and panelled bath. Radiator.
Tenancy details - currently let at £75 per week 219b Hainton Avenue Ground Floor Flat Entrance Lobby Living Room 3.61m x 3.53m With radiator and UPVC double glazed window unit.
Kitchen 3.52m x 1.91m With gas fired central heating combination boiler, selection of wall and base units, UPVC door and UPVC double glazed window unit.
Bedroom 3.41m x 2.11m With radiator and UPVC double glazed window unit.
Bathroom Partially tiled and fitted with a 3 piece suite comprising panelled bath, pedestal basin and low flush w.c. Radiator.
Tenancy details - currently Vacant 219c Hainton Avenue First Floor Flat Landing With radiator Bedroom 3.31m x 3.82m With radiator and UPVC double glazed window unit.
Living Room 3.91m x 3.53m With radiator and UPVC double glazed window unit.
Kitchen 3.59m x 1.92m With gas fired central heating combination boiler, a selection of base units incorporating a sink unit with drainer. Plumbing for washer.
Radiator and UPVC double glazed window unit. Shower Room With low flush w.c, pedestal basin and shower cubicle with glazed door and shower. Radiator and UPVC double glazed window unit.
Tenancy details - currently Vacant 219d Hainton Avenue First Floor Flat Landing With radiator Living Room 4.27m (max) x 3.98m (max) - With radiator and UPVC double glazed window unit.
Kitchen 2.88m x 1.69m With a selection of wall and base units incorporating a sink unit with drainer, electric point for cooker, plumbing for washing machine, gas fired central heating combination boiler.
Radiator and UPVC double glazed window unit. Bedroom 3.01m x 2.13m With radiator and UPVC double glazed window unit.
Bathroom Partially tiled with a 3 piece suite comprising panelled bath, pedestal basin and low flush w.c.
Tenancy details - currently let at £53.50 per week 221a Hainton Avenue Ground Floor Flat Entrance Hall With radiator.
Living Room 3.88m (plus bay) x 3.61m - With reconstituted marble hearth with plaster surround. Radiator and UPVC double glazed bay window.
Bedroom 1 3.88m x 3.18m With radiator and UPVC double glazed window unit. Bedroom 2 3.47m x 1.81m With gas fired central heating combination boiler.
Radiator and UPVC double glazed window unit.
Kitchen/Diner 4m x 2.18m With a selection of base units incorporating sink unit with drainer and mixer tap, having a gas point for cooker and plumbing for washing machine.
Timber double glazed door and 2 UPVC double glazed window units. Bathroom Fitted with a 3 piece suite comprising panelled bath (bath with shower over), pedestal basin and low flush w.c.
Radiator and UPVC double glazed window unit. Tenancy details - currently vacant 221b Hainton Avenue First Floor Flat Entrance Hall With radiator and storage cupboard.
Living Room 4.84m x 3.87m With radiator and 2 UPVC double glazed window units.
Kitchen 2.96m x 2.42m With a selection of wall and base units incorporating a sink unit with drainer and mixer tap. Radiator and UPVC double glazed window unit.
Bedroom 1 4.32m x 2.77m With gas fired central heating combination boiler. Radiator and 2 UPVC double glazed window units.
Bathroom With white 3 piece suite comprising panelled bath with mixer tap and shower attachment, pedestal basin and a low flush w.c. Radiator.
Tenancy details - currently vacant 223a Hainton Avenue Ground Floor Flat Communal Entrance Hall Living Room 3.92m (plus bay) x 3.64m (into the chimney recess) - With radiator and UPVC double glazed bay window.
Inner Hallway With 2 radiators.
Kitchen 3.87m x 2.64m Fitted with a good selection of wall and base units incorporating a sink unit with drainer and mixer tap, having gas point for cooker, radiator, plumbing for washer and UPVC double glazed unit.
Bedroom 1 4m x 2.5m With radiator and UPVC double glazed window unit. Bedroom 2 3.4m x 1.83m With Ideal Logic gas fired central heating combination boiler.
Radiator and UPVC double glazed window unit. Bathroom Partially tiled and fitted with a 3 piece suite comprising panelled bath, pedestal basin and low flush w.c.
Radiator and UPVC double glazed window unit.
Tenancy details - currently Vacant 223b Hainton Avenue Entrance Hall With radiator Living Room 4.72m (into the chimney recess) x 3.88m - With radiator and 2 UPVC double glazed window units.
Bedroom 1 4.33m x 2.72m With gas fired central heating combination boiler. Radiator and UPVC double glazed window unit.
Kitchen 2.86m x 2.42m With a selection of wall and base units incorporating sink unit with drainer and mixer tap. Plumbing for washing machine. Radiator and UPVC double glazed window unit.
Bathroom fitted with a 3 piece suite comprising panelled bath, pedestal basin and a low flush w.c. radiator.
Gardens There is a garden to the front and there is a driveway at the back for multiple vehicles accessed via an 8ft at the rear.
Tenancy details - currently Vacant Council Tax Band A (Each Flat) This information was obtained on the 1st December 2023 and is for guidance purposes only.
Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See
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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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 advisors before making any investment decisions.
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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.
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About Hainton Avenue, Grimsby, Lincolnshire, DN32
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