A freehold residential investment opportunity comprising three self-contained flats, all held on one title and offered for sale as a single lot.
The property is arranged as two ground floor one-bedroom flats and a larger first floor two-bedroom flat, positioned on Weelsby Street, Grimsby, within a well-established residential location with consistent rental demand.

244 Weelsby Street is a ground floor one-bedroom flat accessed from the front and comprises an entrance hall, living room, modern fitted kitchen with smart units, rear lobby and bathroom fitted with a white suite. The flat benefits from a rear yard.
246 Weelsby Street is a ground floor one-bedroom flat accessed from the rear. Accommodation includes an entrance hall, smart shower room, fitted kitchen, living room and bedroom, together with a small rear yard.
246A Weelsby Street is a first floor flat extending over both ground floor units, resulting in larger overall accommodation. The property is accessed via a private ground floor entrance with staircase rising to the first floor and comprises a landing, shower room, dining room, living room, kitchen (dated but serviceable) and two bedrooms.

All three flats benefit from gas central heating systems and UPVC double glazing.

The flats are currently vacant, allowing a purchaser to set rents immediately and select tenants from completion.
Based on current market evidence, the anticipated rental values are:
246A Weelsby Street: IRO £400 pcm
244 Weelsby Street: IRO £365 pcm
246 Weelsby Street: IRO £365 pcm

This equates to a combined gross rental income of approximately £1,130 per calendar month, or £13,560 per annum.

At an asking price of £85,000 for the freehold interest, the investment offers an attractive projected gross yield of approximately 15.95%, with scope for further upside through light improvement and active management.

Rooms

244 Weelsby Street

Ground Floor

Entrance Porch
With uPVC double glazed entrance door. Radiator.

Living Room 4.29m x 3.65m
With electric fire. Radiator and uPVC double glazed window unit.

Bedroom 3.31m x 2.55m
With radiator and uPVC double glazed window unit.

Kitchen 3.91m x 2.11m
Partially tiled and fitted with a good selection of attractive wall and base units incorporating a sink unit with drainer and mixer tap, having integrated electric oven, gas hob and extractor canopy. Gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.

Rear Entrance Lobby
With uPVC door.

Bathroom
Tiled and fitted with a white three piece suite comprising panelled bath (bath with shower over, with glazed screen). Hand basin set in vanity unit and a low-flush w.c. Extractor. Radiator and uPVC double glazed window unit.

Gardens
Yard to rear.

246 Weelsby Street

Ground Floor - Rear Entrance

Entrance Hall
With storage cupboard. uPVC double glazed entrance door.

Shower Room
Tiled and fitted with a double shower cubicle with glazed screen and shower, low-flush w.c. and hand basin set in vanity unit. Panelled ceiling. Extractor. Radiator and uPVC double glazed window unit.

Kitchen 3.86m x 2.11m
Partially tiled and fitted with a range of wall and base units incorporating a sink unit with drainer and having gas point for cooker and plumbing for washing machine. Gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.

Living Room 4.26m x 3.68m
With radiator and uPVC double glazed window unit.

Bedroom 3.34m x 2.44m
With radiator and uPVC double glazed window unit.

Gardens
Small yard to rear.

246A Weelsby Street - First Floor Flat

Ground Floor

Entrance Hall
With uPVC double glazed entrance door and stairs to first floor accommodation.

First Floor

Landing
With radiator.

Shower Room
Fitted with a low-flush w.c. and hand basin set in vanity unit. Double shower cubicle with glazed shower screen. Extractor. Radiator and uPVC double glazed window unit.

Dining Area 4.29m x 2.52m
With radiator and uPVC double glazed window unit. Storage cupboard. Opening to living room.

Living Room 4.29m x 3.58m
With two radiators and a uPVC double glazed window unit.

Kitchen 2.52m x 2.04m
Partially tiled and fitted with a range of wall and base units incorporating a sink unit with drainer and mixer tap. Having gas point for cooker and plumbing for washing machine. Gas fired central heating combination boiler. uPVC double glazed window unit.

Bedroom 1 3.6m x 3.34m
With radiator and uPVC double glazed window unit.

Bedroom 2
3.69m maximum x 3.33m - L-shaped and having radiator and uPVC double glazed window unit.

NOTE
The Freehold of this property includes 244, 246 and 246A Weelsby Street. Currently there are no leases in please for any of these apartments.

Broadband & Mobile Phone Coverage
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Services
We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.

Council Tax Band A (Each Flat)
This information was obtained on the 19th January 2026 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation. Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See

Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.

Mortgage Advice
Mortgage Advice Bureau works with Jackson, Green & Preston Estate Agents to provide their clients with expert mortgage and protection advice. We have access to over 12,000 mortgages from 90+ lenders so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our customers have access to the latest deals available and receive a first-class service. We will take care of everything from explaining all of your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. Mortgage Advice Bureau (truncated)

Founded in 1920, Jackson Green & Preston is Grimsby and Cleethorpes largest and best known local Estate Agency, with 100 years experience in the property market. In 2011, on the retirement of the Partners in Goudes Chartered Surveyors, we acquired their very successful Lettings and Management Department, reinforcing our position as one of Grimsby's premier Management Agents. In 2016, following the retirement of the principal of Bacons Property Management, we were again approached and offered the opportunity to further enhance our position as Grimsby’s leading lettings specialist by acquiring Bacons Property Management. We have two offices, both situated in Town centre locations, each having excellent window displays. Well laid out and smartly furnished, the offices have a warm and welcoming atmosphere, and our friendly staff are always on hand to offer assistance and advice.

1 bedroom block of apartments for sale

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