We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · DN34 4RF
No longer listedReduced £17k (−21.3%) on 1 AugListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*A Hidden Gem Awaiting Transformation ?* We are delighted to present this charming three-bedroom mid-terrace house, situated in a popular residential cul-de-sac with no forward chain.
This blank canvas is ripe for renovation, offering a fantastic opportunity for buyers to restore it to its former glory and modernise it to their taste.
The property comprises an entrance hall, kitchen, lounge open plan to dining room, and a conservatory extension on the ground floor, with three good-sized double bedrooms and a bathroom on the first floor.
While it requires a full renovation, the potential is clear.
The southerly facing garden is a lovely bonus, perfect for relaxing and entertaining, and the off-road parking on the crazy paved frontage adds convenience.
What sets this property apart is its unique style, a refreshing contrast to the other properties on the street. With some tlc, this house could be transformed into a stunning home.
Whether you're a first-time buyer, an investor, or a family looking to make a statement, this property ticks all the boxes.
Don't miss your chance to bring this hidden gem back to life and make it your own. Schedule a viewing today!
Entrance Hall (11' 10'' x 6' 5'' (3.60m x 1.96m)) Lounge (11' 7'' x 12' 0'' (3.52m x 3.66m)) Dining Room (12' 0'' x 11' 0'' (3.65m x 3.35m)) Kitchen (12' 0'' x 7' 5'' (3.66m x 2.26m)) Stairs And Landing Bedroom One (12' 2'' x 12' 4'' (3.70m x 3.77m)) Bedroom Two (10' 10'' x 12' 4'' (3.30m x 3.77m)) Bedroom Three (18' 1'' x 11' 3'' (5.52m x 3.43m)) Family Bathroom (4' 9'' x 12' 8'' (1.44m x 3.86m)) Front Garden And Driveway Rear 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.
Area
Agent & docs
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FAQ
About 55, Elm Avenue, Grimsby
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