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See how verdicts workHouse · DN32 9DR
For saleReduced £5k (−6.3%) on 25 SepListed 37 days
Opportunity summary
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About
*ATTENTION INVESTORS* Jackson, Green and Preston are delighted to advertise 210 Freeman Street, For Sale, a fantastic mixed-use property nestled in the heart of Grimsby.
The ground floor commercial unit is approximately 46 sqm/ 487 sqft and features a spacious and open-plan retail space with large windows that provide plenty of natural light.
The first floor is currently used as a two bedroomed flat.
This property is available with a vacant first floor flat and the tenant remaining in situ in the ground floor commercial unit and would be a perfect addition to any investors portfolio.
With easy access to major transport links, including the A16 and A180, this property is perfectly situated for businesses that need to commute to work or travel further afield.
This property would benefit from a number of different uses, subject to the landlord’s approval. This property allows any buyer the opportunity to receive an income from day one.
This property is currently generating an income of £10,000 Per Annum. Please note this property is on a 125-year leasehold and expires in 2121.
The Ground Rent payable on the shop is £145 p/a and on the flat is £25 p/a. The Ground Rent is paid twice per annum. Main Retail Area Dimensions: 7.47m x 3.52m.
Benefitting from electric shutters, laminate flooring, suspended ceilings and led lighting. Storage Dimensions: 3.55m x 3.07m. Including ample space for storage and tiled flooring.
Kitchen Area Dimensions: 2.55m x 2.37m. Including wall and base units, sink and drainer and tiled flooring. W.C. Dimensions: 1.55m x 1.29m.
Including a sink basin, tiled flooring and low flush w.c. Bedroom 1 Dimensions: 3.70m x 3.41m. Including a uPVC double glazed window and laminate flooring.
Disclaimer Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.
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
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FAQ
About 210, Freeman Street, Grimsby, DN32
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