2-bedroom terraced house · DN37 0FF
Sold STCListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after village of Waltham, this attractive newly built two-bedroom end-terrace home is available through a shared ownership scheme, providing an excellent opportunity for first-time buyers, downsizers, or those seeking an affordable route onto the property ladder.
The accommodation is thoughtfully designed and comprises a welcoming lounge, a modern fitted kitchen complete with integrated oven, hob and extractor hood, and a convenient ground floor WC.
To the first floor are two well-proportioned bedrooms and a contemporary family bathroom.
Externally, the property benefits from a fully enclosed rear garden, ideal for outdoor relaxation and entertaining, together with an allocated off-road parking space behind.Offering modern, low-maintenance living in a popular residential location, this home represents an excellent opportunity to secure a quality property in the desirable village of Waltham.
Accommodation Lounge Kitchen WC Two Bedrooms Bathroom Enclosed Rear Garden Off Road Parking Space Location The popular village of Waltham is positionedapproximately 4 miles south of Grimsby in North East Lincolnshire.
The village landmarks include Waltham windmill, and there is also public housesin the village whilst Grimsby is a short drive away.
Shared Ownership The price of £42,500 is for a 25% share in the property, with other share amounts available subject to affordability.
Based on a 25% share, there is a monthly rent of £292.19, and monthly service charge of £28.99. Interested parties are requested to complete a short financial assessment prior to application.
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.
Area
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FAQ
About Magpie Close, Waltham, Grimsby
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