3-bedroom house · DN32 9NH
Sold STCListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom mid-terrace house situated in this established and popular location, convenient for local amenities and within easy reach of the town centre.
The accommodation comprises entrance hall, living room, sitting room, dining room and kitchen to the ground floor, together with three bedrooms and a bathroom to the first floor.
The property benefits from Extensive uPVC double glazing and gas central heating. There are gardens to the front and rear.
The property is currently let by way of an Assured Shorthold Tenancy producing £520 per calendar month, reflecting a gross yield of around 6.6% at the asking price.
With some general modernisation and improvements, we would anticipate a rental income in the region of £700 per calendar month, which would represent a gross yield of approximately 8.8%.
This area is particularly popular with families and young couples, and vacant possession can be provided if required, making this an ideal purchase for either an investor or owner-occupier.
EPC Rating: C Entrance Hall With uPVC double glazed entrance door. Radiator. Dado rail and stairs to first floor accommodation. Living Room Dimensions: 3.77m x 3.5m into chimney recess.
With radiator and uPVC double glazed window unit. Sitting Room Dimensions: 3.79m x 2.96m. With radiator. Dining Room Dimensions: 4.79m x 2.86m plus bay. With dado rail, radiator.
Opening to kitchen. Kitchen Dimensions: 3.6m x 2.88m.
With tiled floor and fitted with a range of wall and base units incorporating a sink unit with drainer and mixer tap and having electric oven, hob and extractor. Plumbing for washing machine.
Gas fired central heating boiler. uPVC double glazed window unit. Bedroom 1 Dimensions: 4.64m into chimney recess x 3.8m. With radiator and uPVC double glazed window unit.
Disclaimer Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.
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
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 advisors 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 Heneage Road, Grimsby, DN32
Explore nearby