1-bedroom house · DN32 9LR
Listing removedReduced £20 (−2.9%) on 20 MayListed 226 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Belvoir are delighted to introduce this property consisting of 6 large double en-suite bedrooms, with a large communal kitchen area, one utility room and a large shared bathroom.
The property is ideally located for easy access to the town centre, close to a good sized supermarket, good takeaways, numerous community shops and a bus stop with direct access to Cleethorpes, Grimsby and surrounding areas with easy access to all major roads in the area.
On-street parking is free without any time restrictions and parking on the front of the property.
With a mixture of good sized double en-suited rooms furnished with a modern tone, completed with Lush grey carpets, with white and grey matte walls, ample storage, a double sized bed, bedside cabinets / bedside lights and a working desk.
All rooms have blackout blinds for maximum privacy. Each En-Suite bathroom has a walk in shower, hand basin, toilet and mirror as well as some under sink storage for toiletries.
The property has a large communal kitchen area which includes a Oven and hob, sink, several storage options in each, and seating options.
It contains lots of cooking equipment, pots, pans, cutlery, utensils, a fridge / freezer in both, table, chairs, soft furnishings and a communal TV.
The utility room consists of 2 sinks, with under sink storage, as well as a washing machine and tumble dryer.
The property is fully centrally heated, double glazed throughout and sound proofed to ensure your space - stays your space.
The rear of the property has a low maintenance area for smoking outside and secure bike lock ups with secure access from the rear.
All utilities and high-speed Wi-Fi are included in the rent price and the shared areas of the house are cleaned on a fortnightly basis. EPC rating: D.
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.
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 163a Welholme Road
Explore nearby