1-bedroom flat · DN32 9NB
Listing removedReduced £5k (−6.7%) on 23 MayListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
(WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH).ATTENTION LANDLORD- ready made investment achieving 7.2% return based on the asking price.
Smartlypresented1-bedroom duplex apartment conveniently located in a tucked-away position.
This modern property is spread across three floors, offering a spacious and comfortable living space with balcony and open plan to the kitchen.
The top floor features a bright and airy bedroom with ample storage space, along with a bathroom. The property also benefits from off-street covered parking, making it ideal for those with a vehicle.
This maisonette offers a tranquil retreat while still being within easy reach of local amenities and transport links.
Perfect for investors looking for a stylish and low-maintenance property in a convenient location. Viewing is highly recommended. Ground Floor Entrance Lobby With stairs to first floor.
First Floor Landing With uPVC double glazed window. Loft access hatch.
Open Plan Sitting Room/Kitchen 5.94m maximum x 4.22m maximum reducing to 2.68m - This room has uPVC double glazed doors onto a balcony. Two electric wall heaters and uPVC triple aspect windows.
The kitchen area is fitted with units in white colouration which incorporate a stainless steel sink and drainer unit with mixer tap. There is also washing machine plumbing.
Bedroom 1 2.98m x 4.22m This generously sized bedroom which is L Shaped has triple aspect uPVC double glazed windows, making the room light.
There is an electric radiator, fitted cupboard over stairs and ceiling coving. Bathroom 2.16m x 1.86m Fitted with a bath having 'Triton' shower over. W.C. and wash hand basin.
Extractor fan and fan heater. uPVC double glazed window. Outside There is a car port covered parking space. Tenure Leasehold - For a term of 99 years from 1st April 1993.
We understand from the vendor there is a ground rent of £25 per annum. All interested parties are advised to make their own enquiries.
Service Charge We understand from the vendor there is a service charge payable of £222 per annum. All interested parties are advised to make their own enquiries.
Broadband & Mobile Phone Coverage Please use the following link to check the mobile phone and broadband coverage for this property.
Services We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.
Council Tax Band A This information was obtained on the 11/3/2026 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 Property Management Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs.
Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail ( ) for some informal advice.
Further information is also available on our website at Property to Sell Do you have a property to sell? For professional valuation advice, contact our Grimsby Office ).
One of our experienced valuers will be happy to provide a free marketing appraisal of your property.
Surveys Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors.
To discuss your survey needs, please contact our Survey Department on .
Sources of Useful Information Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice Mortgage Advice Bureau works with Jackson, Green & Preston Estate Agents to provide their clients with expert mortgage and protection advice.
We have access to over 12,000 mortgages from 90+ lenders so we can find the right mortgage to suit your individual needs.
The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our customers have access to the latest deals available and receive a first-class service.
We will take care of everything from explaining all of your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process.
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. Mortgage Advice Bureau (truncated)
Value & comps
No previous sales on record.
Returns
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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 advisors 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 Intax Farm Mews, Welholme Road, Grimsby, NE Lincolnshire, DN32
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