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See how verdicts work3-bedroom semi-detached house · DN32 8DN
For saleReduced £5k (−3.5%) on 22 SepListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no forward chain, this three-bedroom semi-detached home on Weelsby Street, Grimsby presents an excellent opportunity for first-time buyers, growing families or investors looking to put their own stamp on a property.
Requiring a slight scheme of modernisation, the home offers fantastic potential and occupies a generous corner plot.
The accommodation briefly comprises a welcoming entrance hall leading into a spacious lounge, ideal for relaxing with family and friends.
A separate dining room provides the perfect setting for everyday meals or entertaining guests, while the kitchen offers a practical layout with excellent scope for improvement to suit individual tastes.
Completing the ground floor is a convenient WC. To the first floor are three well-proportioned bedrooms, providing flexible accommodation for families, home working or visiting guests.
The family bathroom serves all three bedrooms and, like the rest of the property, offers an opportunity for updating to create a home tailored to your own style.
Externally, the property benefits from a low-maintenance front garden, creating an attractive first impression with minimal upkeep required.
To the rear is an enclosed garden featuring a lawn and a decked seating area, providing an ideal space for relaxing or entertaining during the warmer months.
Double gates provide access to a driveway, offering secure off-road parking.
Conveniently located close to local schools, shops, amenities and transport links, this property combines a desirable location with excellent potential.
Whether you're searching for your next family home or an investment opportunity, this is a fantastic opportunity to acquire a home with plenty of scope to add value.
Early viewing is highly recommended to appreciate the accommodation and potential on offer. Entrance Hall Entering the property reveals a tiled floor and a radiator.
Lounge (12' 5'' x 10' 11'' (3.78m x 3.33m)) The lounge has a radiator, wooden floor and a feature fire place.
Dining Room (13' 3'' x 11' 8'' (4.04m x 3.55m)) The dining room has a window to the rear elevation, a radiator and a wooden floor. There is also a feature fire place.
Kitchen (12' 7'' x 7' 1'' (3.84m x 2.16m)) The kitchen has a window to the rear elevation and a range of fitted units with plenty of counter space and a sink and drainer.
First Floor Landing The first floor landing has a window to the side elevation.
Bedroom 1 (12' 5'' x 10' 11'' (3.79m x 3.33m)) Bedroom one has a window to the front elevation, a radiator and wooden flooring.
Bedroom 2 (11' 3'' x 10' 8'' (3.42m x 3.24m)) Bedroom two has a window to the rear elevation, a radiator and a carpeted floor.
Bedroom 3 (7' 9'' x 7' 7'' (2.35m x 2.32m)) Bedroom three has a window to the rear elevation, a radiator and a carpeted floor.
Bathroom (7' 7'' x 6' 3'' (2.30m x 1.91m)) The bathroom has an opaque window to the front elevation, partially tiled walls and a white three piece suite with a WC, vanity basin and a bath with a mains shower and glass screen over.
Outside With gardens to the front and rear with the front bring low maintenance and accessed through a gate.
The rear garden has a lawn and decked area ideal for alfresco dining and enclosed by perimeter fencing. The parking is also accessed through gates to the rear of the garden.
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
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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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FAQ
About 507, Weelsby Street, Grimsby
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