# 3 bedroom detached house for sale (DN37 7LA) ## Property Details | Key | Value | |-----|-------| | Address | Walk Lane, Irby, Grimsby, N E Lincolnshire, DN37, DN37 7LA | | Price | £525,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | F | ## Description Unexpectadely Back On The Market A Truly Outstanding Unique Chapel Conversion Blending Period Character with Modern Living Originally built in 1884 as a chapel with later additions for a Sunday school, The Old Chapel at Irby has evolved into a truly distinctive home. Converted into a residence in the late 20th century and thoughtfully modernised and extended by the current owners, it now offers a harmonious blend of traditional features and contemporary style — a rare opportunity to own a piece of history with all the comforts of modern living. Step Inside Entry is through double Gothic doors into a welcoming entrance porch, which leads to a central hall where a painted staircase with wrought iron balustrade rises to the first floor — a striking feature that sets the tone for the rest of the home. The hall is finished with oak doors and traditional latches, period-style radiators, and wood-effect tiled flooring, all complemented by tasteful décor that adds a modern twist. The sitting room enjoys dual-aspect windows and features a charming reading nook set within the former Sunday school entrance. A feature fire recess with oak beam and faux wood burner adds warmth and character. The heart of the home is the open-plan kitchen, which includes a casual dining or breakfast area and a relaxed sitting space. The kitchen itself is a painted shaker-style design with block oak worktops and a Rangemaster cooker set into a recessed surround. Windows to the front and bi-fold doors to the rear flood the space with light and connect it beautifully to the garden. Off the kitchen is a spacious dining room with dual-aspect windows, large enough to accommodate both dining and a seating area. A practical utility room with a strategically placed WC sits near the rear door, ideal for outdoor access. A smaller room, perfect as a home office, links the hall to the rear entertaining space. Tastefully decorated and featuring bi-fold doors, it’s an ideal spot to sit and enjoy views of the garden and its wildlife. Completing the ground floor is a double bedroom with built-in wardrobes and a Victorian-style bathroom suite, which includes a freestanding bath and modern shower cubicle. Upstairs, the character continues with two further double bedrooms, both with fitted storage and views over the paddock. The upstairs also benefits from a spacious shower room. Step Outside To the front, a broad lawned garden sits alongside a block-paved walkway that sweeps from the drive to the front door. A double-width driveway offers multiple parking bays, with double gates leading to a further drive and a double tandem garage. Immediately to the rear is a covered entertaining space, accessible directly from the house and sheltered from the elements. This area includes a seating zone and bar, with an adjacent covered barbecue area — perfect for year-round hosting. A tasteful block patio and stone walkway separate the house from the unusually large rear garden — a rare feature for a chapel conversion. Mature hedging ensures privacy, while lawns, floral beds, and established shrubs add colour and structure. A standout feature is the hand-built children’s playhouse, crafted by a beloved grandparent — a magical addition for families with young children. ## Property Photos - ![Picture No. 01](/listings/photos/169346048/2648386) - Picture No. 01 - ![Picture No. 43](/listings/photos/169346048/2648387) - Picture No. 43 - ![Picture No. 52](/listings/photos/169346048/2648388) - Picture No. 52 - ![Picture No. 72](/listings/photos/169346048/2648389) - Picture No. 72 - ![Picture No. 27](/listings/photos/169346048/2648390) - Picture No. 27 - ![Picture No. 32](/listings/photos/169346048/2648391) - Picture No. 32 - ![Picture No. 35](/listings/photos/169346048/2648392) - Picture No. 35 - ![Picture No. 36](/listings/photos/169346048/2648393) - Picture No. 36 - ![Picture No. 73](/listings/photos/169346048/2648394) - Picture No. 73 - ![Picture No. 41](/listings/photos/169346048/2648395) - Picture No. 41 - ![Picture No. 44](/listings/photos/169346048/2648396) - Picture No. 44 - ![Picture No. 51](/listings/photos/169346048/2648397) - Picture No. 51 - ![Picture No. 47](/listings/photos/169346048/2648398) - Picture No. 47 - ![Picture No. 56](/listings/photos/169346048/2648399) - Picture No. 56 - ![Picture No. 74](/listings/photos/169346048/2648400) - Picture No. 74 - ![Picture No. 39](/listings/photos/169346048/2648401) - Picture No. 39 - ![Picture No. 31](/listings/photos/169346048/2648402) - Picture No. 31 - ![Picture No. 61](/listings/photos/169346048/2648403) - Picture No. 61 - ![Picture No. 63](/listings/photos/169346048/2648404) - Picture No. 63 - ![Picture No. 64](/listings/photos/169346048/2648405) - Picture No. 64 - ![Picture No. 08](/listings/photos/169346048/2648406) - Picture No. 08 - ![Picture No. 75](/listings/photos/169346048/2648407) - Picture No. 75 - ![Picture No. 16](/listings/photos/169346048/2648408) - Picture No. 16 - ![Picture No. 11](/listings/photos/169346048/2648409) - Picture No. 11 - ![Picture No. 70](/listings/photos/169346048/2648410) - Picture No. 70 - ![Picture No. 71](/listings/photos/169346048/2648411) - Picture No. 71 - ![Picture No. 22](/listings/photos/169346048/2648412) - Picture No. 22 ## Floorplans - ![Floorplan](/listings/photos/169346048/2648413) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/169346048/2648414) - EPC Rating Graph ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] ROTHESAY VILLA WALK LANE, IRBY, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 7LA | £650,000 | 26/08/2022 | Detached | | [Same street] ROTHESAY VILLA WALK LANE, IRBY, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 7LA | £590,000 | 19/11/2021 | Detached | **Street average:** £620,000 (2 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £320,245 (33 Detached, DN37, 2024–2026) - **Deviation:** +63.9% ## Rental Range *ONS Price Index of Private Rents (North East Lincolnshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £586/mo - **Realistic:** £651/mo - **Optimistic:** £716/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Grimsby (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £520/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | [Blyth Way, Laceby, DN37](http://87.117.209.195:8080/listings/22524e9) | £950/mo | 3 | 1.61 miles | Rightmove | | [New Cottage, Riby, Lincolnshire DN37 8NJ](http://87.117.209.195:8080/listings/35c91e4) | £850/mo | 3 | 2.27 miles | Rightmove | | [St Nicholas Drive, Grimsby, DN37](http://87.117.209.195:8080/listings/e7bbd96) | £950/mo | 3 | 3.28 miles | Rightmove | | [Woodhall Drive, Waltham, DN37](http://87.117.209.195:8080/listings/4ee659c) | £900/mo | 3 | 3.32 miles | Rightmove | | [Chestnut Road, Waltham](http://87.117.209.195:8080/listings/9aac6c7) | £1,000/mo | 3 | 3.49 miles | Rightmove | | [Brian Avenue, Waltham, Grimsby](http://87.117.209.195:8080/listings/e506c3f) | £825/mo | 3 | 3.62 miles | Rightmove | | [Timberley Drive, Wybers Wood, DN37](http://87.117.209.195:8080/listings/217622a) | £900/mo | 3 | 3.65 miles | Rightmove | | [Cromwell Road, Grimsby](http://87.117.209.195:8080/listings/46fd1b3) | £700/mo | 3 | 4.21 miles | Rightmove | | [Loft Avenue, Grimsby](http://87.117.209.195:8080/listings/7218f72) | £750/mo | 3 | 4.25 miles | Rightmove | **Average rent: £869/mo (9 listings)** ## 1% Rule - **Rent ratio:** 0.17% (weak for cashflow) - **Max investor price (0.8%):** £112,500 - **Target investor price (1%):** £90,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £900/mo).* - **Gross yield:** 2.1% - **Cost-to-rent:** 48.6× - **Monthly cashflow:** £-1,283/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -10.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -15.5% - **10y growth:** 59.1% ## House Price Index (HM Land Registry) *Official index for North East Lincolnshire; Detached series; as of July 2026.* - **1y growth (index):** 6% - **5y growth (index):** 11.1% - **10y growth (index):** 35% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)