Hainton Avenue Grimsby

Asking Price
£249,995

House for sale in Lincolnshire

  • An excellent investment opportunity
  • 8x Flats converted from 3x Terraced Houses
  • 6x 1 Bedroomed Flats
  • 2x 2 Bedroomed Flats
  • Mix of general condition
  • 5x Currently let and producing and income of £17812 per annum
  • Requiring some works of modernisation
  • Potential rental income of in the region of £23,400 per annum (8.5% yield)

Calling all Landlord Investors, this is a portfolio of 8x Flats converted from 3 former Terraced Houses located on Hainton Avenue, Grimsby. Currently 6x 1 bedroomed Flats and 2x 2 bedroomed Flats that are in a mix of general condition. 5x currently Let producing an annual income of £17,812 per annum (6.47% yield) with 3x currently Vacant. Following some refurbishment we anticipate a maximum rental for these to the in the region of £23,400 per annum equating to an investment yield of approximately 8.5%. MUST BE VIEWED

Important Information

  • This is a Freehold property.
  • This Council Tax band for this property is: A
  • EPC Rating is D

Property Ref: GRS_GRS230815

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Jackson Green & Preston (Grimsby)

19 West Saint Marys Gate, Grimsby, Lincolnshire, DN31 1LE

01472 311 113

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