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See how verdicts work2-bedroom flat · DN32 0JA
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within easy access of the Town Centre is this GROUND FLOOR TWO BEDROOM APARTMENT which is situated within this development of apartments.
Ideal for a variety of purchasers including first time buyers, investors and downsizers and has accommodation includes: Communal entrance which leads into the private entrance hall, good sized lounge/dining room, fitted kitchen, two bedrooms both with fitted wardrobes and a modern bathroom/wc.
Gas central heating system. Double glazing. Communal gardens including an allocated parking space Accommodation - . Front Elevation Photo - Measurements - All measurements are approximate.
Ground Floor - Communal Entrances - Apartment 1 is located on the ground floor has has two separate communal entrances one from inside the development and the second from Abbey Park Road.
Door leads into:- Private Entrance Hall - The long entrance hall has a double glazed window, radiator and coving to ceiling Lounge/Dining Room - 3.17 x 5.10 (10'4" x 16'8") - The excellent sized lounge has a a dual aspect with two double glazed bay windows, two radiators and coving to ceiling.
Ample space for both living and dining.
Lounge/Dining Room - Lounge/Dining Room - Kitchen - 2.45 x 2.35 (8'0" x 7'8") - Fitted with an excellent range cream base and wall units incorporating an electric oven and a gas hob together with extractor fan above.
The contrasting dark work surfaces are inset with a cream sink having tiled splash backs above. Double glazed window.
Bedroom 1 - 2.98 x 3.73 (9'9" x 12'2") - Fitted with an excellent bank of floor to ceiling wardrobes together with a double glazed window and radiator.
Bedroom 2 - 2.28 x 3.74 (7'5" x 12'3") - Again fitted with a modern bank of wardrobes which provides excellent hanging space, double glazed window and radiator.
Bathroom/Wc - 2.52 x 2.35 (8'3" x 7'8") - This modern bathroom is fitted with a suite in white comprising a panelled bath, a vanity unit including a recessed sink, useful storage cupboards and a concealed wc plus a corner shower cubicle which has Aqua boarding and a glass door to the front.
Double glazed window, coving to ceiling and radiator. Concealed within a useful storage cupboard is a Worcester boiler which was installed in 2024.
Outside - Allocated Parking - Apartment 1 has an allocated parking space which is located immediately in front of the building.
The Gardens - The complex stands in communal gardens which are set behind brick walls and are mainly lawed inset with mature trees, these are maintained by the Management Company Tenure - Leasehold - We are advised that the property is leasehold for a period of 250 years from 1988.
The freehold of Abbey Park Mews is owned by Abbey Park Mews Residents Association, the owners of the individual apartments are shareholders of the Management Company which effectively looks after the maintenance of the grounds, the common areas, building insurance and the running of the company.
Jackson, Green & Preston are the agents handling the management company and the latest bill for 2024 was £950 but this could change in the future.
Council Tax Band & Epc Rating - Council Tax Band - A EPC - C Viewing Arrangements - Please contact Joy Walker Estate Agents on to arrange a viewing on this property.
Opening Times - Monday - Friday 9.00 am to 5.15 pm. Saturday 9.00 am to 1.00 pm
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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FAQ
About Apt 1, Abbey Park Mews, Grimsby
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