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

4 bedroom Mid Terrace House for sale,
Cleethorpes, Lincolnshire, DN35

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

Features and Description

  • -Ready made investment for sale
  • -Large 4 bedroom mid-terrace property
  • -Situated with long term Tenants
  • -Current rental income of £585PCM but will be increasing to £718 PCM
  • -Gross yeild of 11.49%
  • -Prime location
  • -In a good condition throughout
  • -Low maintenance Garden
  • -EPC RATING- C
  • -COUNCIL TAX RATING-A

Welcome to this fantastic opportunity to invest in a well-maintained 4-bedroom mid-terrace house, currently occupied by long-term tenants who are paying £585 per month and will be increasing to £8616.40 per annum from April 2024. With a gross yield of 11.49%, this property represents a solid and lucrative investment in the heart of Grimsby, DN35.

This charming home is not only a reliable source of rental income but also a testament to its excellent condition. The property has been meticulously cared for, ensuring a hassle-free ownership experience for the next fortunate investor. From its attractive curb appeal to the interior finishing, every detail reflects the pride of ownership and tenant satisfaction.

The 4-bedroom layout provides ample space for families or individuals alike, offering a comfortable and versatile living arrangement. The property's neutral decor appeals to a broad range of tenants, making it an attractive option in the rental market.

One of the key highlights of this investment opportunity is the presence of reliable long-term tenants. With a consistent rental income of £718 per month, you can enjoy the peace of mind that comes with a stable and secure financial return. The property's gross yield of 11.49% is a testament to its financial viability and potential for long-term growth.

Situated in a sought-after area of Brereton Avenue, DN35, this property benefits from its proximity to local amenities, schools, and transportation options. The convenience and appeal of the neighborhood further enhance its desirability for both current and future tenants.

Living Room

4.6m x 3.56m

Dining Room

3.96m x 2.92m

Shower Room

1.9m x 1.98m

Dining Room

4.27m x 2.97m

Kitchen

4.75m x 3m

Bedroom 1

4.24m x 3.96m

Bedroom 2

3.96m x 2.9m

Bedroom 3

3.02m x 2.92m

Bedroom 4

2.6m x 2.06m

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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