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 terraced house
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Farrow Estate Agents are delighted to present this well presented and generously sized three bedroom mid terrace property to the market.
Found in this popular Grimsby (DN32) location on Castle Street, the property is ideally placed within a wide range of amenities, regular transport links, in catchment of popular schools making it the perfect purchase for a multitude of buyers.
Boasting spacious living accommodation and neutrally decorated throughout. Currently fully tenanted allowing any purchaser the ability to start earning after completion.
Briefly comprising of a convenient, bright and welcoming hallway, living room with plenty of room for furniture, separate dining room with quirky stairs to the first floor, modern fitted kitchen with base units and ample space for appliances.
The three piece suite family bathroom is also located downstairs. As you go upstairs, there is a generous landing area which serves three good sized double bedrooms.
All the bedrooms have enough spaces for all the furniture. There is also a second shower room on the first floor. Externally, the property benefits from a large low maintenance rear garden.
The garden is enclosed to all sides and mainly laid to lawn and has a paved area which provides the perfect space for entertaining and relaxing.
Living Room (3.84m x 3.68m (12'7 x 12'1)) Dining Room (3.89m x 3.84m (12'9 x 12'7)) Kitchen (3.81m x 2.06m (12'6 x 6'9)) Bathroom (2.18m x 2.06m (7'2 x 6'9)) First Floor Landing Bedroom 1 (3.84m x 3.68m (12'7 x 12'1)) Bedroom 2 (3.89m x 3.38m (12'9 x 11'1)) Bedroom 3 (2.90m x 2.06m (9'6 x 6'9)) 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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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
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FAQ
About Castle Street, Grimsby
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