Thorgam Court Grimsby

Asking Price
£40,000
SSTC
This property listing is now SSTC

2 Bedroom Flat for sale in Lincolnshire

1 2 1
  • VIDEO VIEWING AVAILABLE
  • Calling All Landlord Investors
  • 2 Bedroomed 2nd Floor Apartment
  • Extremely Modernised Throughout
  • Sold Subject To Assured Shorthold Tenancy At £450 PCM
  • Impressive 13.5% Investment Yield
  • Sold With Short Lease
  • CASH BUYERS ONLY
  • Viewing Essential

VIDEO VIEWING AVAILABLE - (WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH) CALLING ALL LANDLORD INVESTORS - This is a very smartly presented and recently refurbished 2 bedroomed 2nd floor flat in Thorgam Court in Grimsby. Sold subject to an Assured Shorthold Tenancy and generating a rental income of £450 PCM representing a 13.5% investment yield at the asking price. The property is currently Leasehold for a term of 99 years (less 10 days) from 1st February 1972 and therefore would not be mortgageable with its currently lease length and should therefore only appeal to cash buyers. AN EXCELLENT INVESTMENT OPPORTUNITY.

Important Information

  • This is a Leasehold property.
  • The annual cost for the ground rent on this property is £20
  • The annual service charges for this property is £240
  • This Council Tax band for this property is: A
  • EPC Rating is D

Property Ref: GRS_GRS240187

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