Manchester St, R/o 87 Manchester Street, Cleethorpes, N E Lincs, DN35

£15,000
SSTC

Garage for sale in Cleethorpes

  • 3 x Garages
  • Currently Let At £1020 Per Annum
  • Managed By Jackson, Green and Preston
  • Yield Of 6.8% Yield At The Current Asking Price
  • Ideal Low Maintenance Investment

Jackson, Green and Preston are delighted to offer to the market three garages to the rear of Manchester Street, which are all currently let and managed by our Agency.
Garage 1 is let at £30 per calendar month, with the tenant having been in situ since 2019.
Garage 2 is let at £30 per calendar month, with the current tenant been in situ since 2018.
Garage 3 is currently let at £25 per calendar month with the current tenant been in situ since 2017.
The total passing income of the garages is £1020 per annum representing a 6.8% yield at the current asking price. We anticipate that a rent increase may be possible giving the time scale on which the current tenants have been in occupation, which would increase the potential income and yield for the properties.
Viewing is highly recommended for this exciting, low maintenance investment opportunity.

Property Management    Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail (rented@jacksongreenpreston.co.uk) for some informal advice. Further information is also available on our website at www.jacksongreenpreston.co.uk/info_landlords.php

Property To Sell    Do you have a property to sell? For professional valuation advice, contact our Grimsby Office (01472 311120).
One of our experienced valuers will be happy to provide a free marketing appraisal of your property.

Surveys    Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors.
To discuss your survey needs, please contact our Survey Department on 01472 311120.

Sources Of Useful Information    Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.

www.environmentagency.gov.uk
www.hpa.org.uk
www.nelincs.gov.uk
www.northlincs.gov.uk
www.e-lindsey.gov.uk
www.landregistry.gov.uk
www.gov.uk/council-tax-bands

Mortgage Advice    We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property.
They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity.
No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will be £100 upto a maximum of £250 for a residential mortgage. Any fee will be confirmed in writing prior to your proceeding with a mortgage application.
Your home may be repossessed if you do not keep up repayments on your mortgage.

Important information

This is a Freehold property.

Property Ref: 288481_VAL240002

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