Available
*** Attention Investors *** A fantastic opportunity to purchase a freehold concern of 3 individual flats that generate circa £17,348 pa when fully let. Within short walking distance of Grimsby town centre.

4 Bed Property For Sale

£175,000

Grimsby, N.E Lincs

  • 4
  • 3
  • 3
Key Features
  • Attention Landlords
  • Excellent Investment Opportunity
  • Three flats each with their own entrance and front and back door
  • All currently tenanted
  • Close to £17,000 pa rental income
  • 2 x 1 bed flats - 1x 2 Bed Flat
  • Close to town Centre
Property Description
A rare opportunity to purchase 3 x apartments in a convenient location close to Grimsby Town Centre with its many amenities, shops and transport links.. The building is comprised of 2 x one bedroom ground floor apartments and 1 x two bedroom 1st floor apartment. When fully let it would command in the region of £17,348 per annum which represents 9.9 % yield Gross at asking price. Each individual flat currently rents for - Flat 1 - £450.66 per calendar month Flat 2 - £475.00 per calendar month Flat 3 - £520.00 per calendar month Location :- Earl street is an established residential position and is approximately 200m from Grimsby Town centre, making it extremely convenient for all the facilities such as shops, restaurants, public houses and transport links. It is also only a short distance to the A180 and M180 motorway, making it ideal for commuters. Macaulay Primary Academy is only 500m away and provides schooling at KS1 and KS2.
Floorplan for Grimsby, N.E Lincs
EPC for Grimsby, N.E Lincs
Key Features
  • • Attention Landlords
  • • Excellent Investment Opportunity
  • • Three flats each with their own entrance and front and back door
  • • All currently tenanted
  • • Close to £17,000 pa rental income
  • • 2 x 1 bed flats - 1x 2 Bed Flat
  • • Close to town Centre
Property Description
A rare opportunity to purchase 3 x apartments in a convenient location close to Grimsby Town Centre with its many amenities, shops and transport links.. The building is comprised of 2 x one bedroom ground floor apartments and 1 x two bedroom 1st floor apartment. When fully let it would command in the region of £17,348 per annum which represents 9.9 % yield Gross at asking price. Each individual flat currently rents for - Flat 1 - £450.66 per calendar month Flat 2 - £475.00 per calendar month Flat 3 - £520.00 per calendar month Location :- Earl street is an established residential position and is approximately 200m from Grimsby Town centre, making it extremely convenient for all the facilities such as shops, restaurants, public houses and transport links. It is also only a short distance to the A180 and M180 motorway, making it ideal for commuters. Macaulay Primary Academy is only 500m away and provides schooling at KS1 and KS2.
Floorplan for Grimsby, N.E Lincs
EPC for Grimsby, N.E Lincs

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