1-bedroom flat · DN32 8DT
Listing removedListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom flat situated on the first floor of this end terrace property. Conveniently located close to amenities and easy access to central Grimsby and Cleethorpes.
The accommodation comprises; private front entrance, living room, kitchen, a double bedroom and shower room. Enclosed front garden. Offered for sale with No Forward Chain.
Open to offers Entrance - Accessed via the front of the property, with staircase to the accommodation. Living Room - 4.39 x 3.26 (14'4" x 10'8") - To front aspect, with wood effect laminate flooring.
Kitchen - 3.44 x 2.59 (11'3" x 8'5") - Fitted with a range of modern white gloss units, worktops incorporating a stainless-steel sink, built-in electrical oven, ceramic hob with extractor over, plumbing for a washing machine and space for further appliances.
Unit housing the gas central heating boiler. Side aspect window. Bedroom - 3.67 x 2.79 (12'0" x 9'1") - A double bedroom with fitted wardrobes/storage, and side aspect window.
Shower Room - 2.24 x 1.74 (7'4" x 5'8") - Fitted with a pedestal basin, wc, and large shower enclosure. Heated towel rail. Obscure glazed window.
Tenure - LEASEHOLD 50% OF THE FREEHOLD IS SHARED WITH GROUND FLOOR FLAT Council Tax - A
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.
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About Roberts Street, Grimsby
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