3-bedroom terraced house · DN31 2HY
Let agreedListed 256 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Farrow Estate Agents are delighted to present this generously sized three bedroom family home to the market.
Found in this popular Grimsby location on Ripon Street, the property is ideally placed within a wide range of amenities, regular transport links, in catchment of well regarded schools making it the perfect rental for a multitude of tenants.
Boasting spacious living accommodation throughout, allowing the tenants the ability to move straight into.
Briefly comprising of a bright and welcoming lounge and separate dining room with stunning neutral colours, newly fitted kitchen with base units and ample space for appliances and a three piece suite family bathroom.
To the first floor, there is a generous landing area which serves three well sized bedrooms. All the bedrooms are doubles.
Externally, the property benefits from a large enclosed rear garden that has a patio area which provides the perfect space for entertaining.
Living Room (3.91m x 3.07m (12'10 x 10'1)) Dining Room (3.91m x 3.53m (12'10 x 11'7)) Kitchen (4.75m x 2.06m (15'7 x 6'9)) First Floor Landing Bedroom 1 (3.91m x 3.07m (12'10 x 10'1)) Bedroom 2 (2.92m x 2.51m (9'7 x 8'3)) Bedroom 3 (3.58m x 1.96m (11'9 x 6'5)) Rear Garden
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 42, Haycroft Street, Grimsby
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