2-bedroom flat · DN31 2RN
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available for LET is this Ground Floor Flat. Situated close to Grimsby Town Centre and it's many amenities this spacious property will make an ideal home.
Accommodation comprising, The Entrance leads to a hallway with a bathroom, two bedrooms and two storage areas. There is a generous size lounge which leads to a fully fitted kitchen.
The flat does have the added benefit of off-road parking to the rear. A holding deposit of £100 (Per tenancy) is required to reserve the property.
On successful completion of referencing and the tenancy being agreed the £100 holding deposit will be deducted from the first month's rent leaving the rent balance payable of £425 and the deposit of £605 (5 Weeks rent).
Council tax band A (This information was taken on the 22nd of October 2026 and is for guidance purposes only). All interested parties are advised to make their own enquiries into this matter.
***Only Part of the Building Shown is To LET***
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 Gilbey Road, Grimsby, DN31
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