Name: 3 bedroom Mid Terrace House for sale, Grimsby, Lincolnshire, DN32
Brand: Reeds Rains
SKU: GRI240065
Price: 70000 GBP
Availability: InStock

Property ref: GRI240065

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Key Features

Council Tax: North East Lincolnshire County Council Band A

Tenure: Freehold

Fantastic renovation opportunity for investors
Generously sized layout with three bedrooms
Two reception rooms for living/dining
Large garden for relaxation or recreation
Gross yeild of 9.86% once renovation works have been completed.
Potentail rental income to be acheive of £575 PCM
Potential for modern, well-equipped kitchen
Close proximity to local amenities/schools
EPC RATING - D
COUNCIL TAX RATING - A

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Property details

This terraced property, currently listed for sale, presents a fantastic renovation opportunity for shrewd investors or landlords. In need of refurbishment, it offers the potential for a promising return on investment. Strategically situated with excellent public transport links, the property is also within close proximity to numerous local amenities, schools, and is part of a strong local community.

The property boasts a generously sized layout which includes three spacious bedrooms, two reception rooms, and a kitchen. The two reception rooms provide the ideal space for a combined living and dining area, perfect for family gatherings or entertaining guests. The kitchen, whilst in need of work, has the potential to become a modern, well-equipped space for any culinary enthusiast.

The property includes one bathroom which, with the right renovation, could be transformed into a contemporary, stylish space. Notably, the property benefits from a large garden, providing ample outdoor space for relaxation or recreation.

The property is within council tax band A and has an EPC rating of D, indicating a moderate energy efficiency level. Once the renovation works are completed, it is projected that the property could achieve a gross yield of 9.86% with a potential rental income of £575 pcm.

This property presents a unique opportunity to undertake a project and cultivate a potentially lucrative investment. Don't miss out on this chance to add a valuable asset to your portfolio.

Picture	Room	Measurements
	Main Accommodation
	Living / Dining Room	3.23m x 7.06m
	Kitchen	2.87m x 3.35m
	Utility Area	1.73m x 2.87m
	Bedroom / Sitting Room	2.77m x 3.45m
	First Floor Landing
	Bedroom 1	3.5m x 3.89m
	Bedroom 2	2.6m x 3.45m
	Bedroom 3	2.26m x 2.74m
	Bathroom	2.24m x 1.88m
	Front Garden
	Rear Garden

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.

EPC

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A

(81 - 91) B

(69 - 80) C

(55 - 68) D

(39 - 54) E

(21 - 38) F

(1 - 20) G

Not energy efficient - higher running costs

Current

Potential

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A

(81 - 91) B

(69 - 80) C

(55 - 68) D

(39 - 54) E

(21 - 38) F

(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

Stamp Duty

Use our calculator to see how much Stamp Duty you may pay if you buy this property.

Interested in this property?

Reeds Rains Grimsby Estate Agents

01472 241735

grimsby@reedsrains.co.uk

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This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders. Make an appointment with our partners, Embrace Financial Services to receive mortgage advice suitable for your needs and circumstances. The data entered into the mortgage calculator must be accurate and up-to-date.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Embrace Financial Services usually charges a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £499 to £999 and this will be discussed and agreed with you at the earliest opportunity.