3-bedroom terraced house · DN31 1RE
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3-bedroom mid-terraced house on Alexandra Road, situated close to the town centre. Currently let at £600 PCM, providing a gross yield in excess of 10% at the current asking price.
Suitable as an investment purchase or with potential for vacant possession for owner occupiers.
The accommodation comprises a porch, entrance hallway, living/dining room, kitchen, inner hall and bathroom to the ground floor. To the first floor are 3 bedrooms and a further bathroom.
Externally, the property benefits from front and rear gardens. Viewing highly recommended.
EPC Rating: D Porch Entered via a uPVC double glazed frosted front door and leading into the entrance hallway.
Entrance Hallway Complete with a radiator, decorative ceiling coving, dado railing and an open spelled stairway leading access to the first floor accommodation.
Living/Dining Room 3.0m x 7.8m With a uPVC double glazed front bay window as well as secondary rear window for dual aspect, two radiators and ceiling coving.
Kitchen 2.82m x 4.7m With a range of wall and base units incorporating a cooker with a four-ring gas hob and extractor and space and plumbing for all other white goods.
Complete with partial tiling, uPVC double glazed side window and door leading access to the rear garden.
Second Hallway With partial tiling and a uPVC double glazed frosted door leading access to the rear garden.
Bathroom A three piece suite comprising of a bath with a "Triton" electric shower, w.c. and a pedestal basin with a mixer tap.
Complete with full tiling, uPVC double glazed frosted window and a "Glow Worm" combination boiler. Landing An open spelled split landing with access to the loft and a storage cupboard.
Bedroom 1 3.76m x 4.8m With a uPVC double glazed front window, radiator and ceiling coving.
Bedroom 2 3.33m x 3.94m With a uPVC double glazed rear window and a radiator.
Bedroom 3 2.9m x 4.57m With a uPVC double glazed rear window, radiator, ceiling coving and access to the loft.
Gardens The property benefits from front and rear gardens with the front being paved and surrounded by brick walling.
The rear garden is predominantly paved, whilst also being surrounded by brick walling/timber fencing.
Broadband & Mobile Phone 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 19th May 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 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
Agent & docs

FAQ
About Alexandra Road, Grimsby, DN31
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