£75,000
4 bedroom Mid Terrace House for sale, Cleethorpes, Lincolnshire, DN35
Brereton Avenue
- -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
The pin shows the exact address of the property
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.
Picture | Room | Measurements |
---|---|---|
Main Accommodation | ||
Entrance Porch | ||
Entrance Hall | ||
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 | |
First Floor Landing | ||
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 | |
Bathroom | ||
Front Garden | ||
Rear Garden |
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
75Potential
102CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
N/APotential
N/AUse our calculator to see how much Stamp Duty you may pay if you buy this property.
Interested in this property?
Thinking of selling?
Find out how much your home is worth with a free valuation
Request free valuation