This property has now been sold

Grimsby Branch Manager
Reeds Rains Grimsby
6 Bethlehem Street, Grimsby, DN31 1JU
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
Sold

1 bedroom Flat for sale,
Wellington Court, Grimsby, Lincolnshire, DN32

Kelly Helgeson-Roper Branch Manager
Kelly Helgeson-Roper
Branch Manager
SoldContact branch

Features and Description

  • One-bedroom flat
  • First floor location
  • Spacious reception room
  • Potential for renovation
  • Low council tax band
  • High rental yield
  • Prime location
  • Close to amenities
  • Good transport links
  • Investment potential
  • NO FORWARD CHAIN

Reeds Rains are now in receipt of an offer for the sum of £22,500 for 9 Wellington Court, DN32 7JY.

Anyone wishing to place an offer on the property should contact Reeds Rains, 6 Bethlehem Street, 01472 241735 before exchange of contracts.

Presenting a unique opportunity for sale, this one-bedroom flat, situated on the first floor, offers a wealth of potential for both first-time buyers and seasoned investors. The property is currently in a state that requires renovation, making it an ideal canvas for those wishing to put their own stamp on a future home or investment property.

The flat boasts a generous layout, comprising one spacious reception room, a kitchen, a bedroom, and a bathroom. Despite needing some TLC, the property's rooms offer a solid foundation for refurbishment and the potential to create a comfortable and modern living space.

The property carries an EPC rating of 'D', and falls within council tax band 'A', keeping your outgoings relatively low. The flat's potential rental income is estimated to be £475 per calendar month, which translates to a high gross yield of 25.3%. This indicates a significant return on investment for those seeking to venture into the rental market.

Additional Information

  • Property ref
    GRI250097
  • Tenure
    Leasehold
  • Lease length
    64 years
  • Council Tax
    A
  • Local authority
    North East Lincolnshire County Council
  • Ground Rent
    Contact the branch
  • Ground Rent Review
    Contact the branch
  • Service Charge
    Contact the branch
Nearby locations