Stanley Street, Grimsby

Guide Price
£48,000

3 Bedroom Terraced House for sale in Lincolnshire

2 3 1
  • Three-bedroom mid-terrace house
  • Sold with Tenant in situ
  • Let on an Assured Shorthold Tenancy at £595 pcm
  • Approx. £7,140 per annum income
  • Gross yield of approx. 13.7% at £60,000
  • Living room and modern fitted kitchen
  • Rear entrance lobby and bathroom with three-piece suite
  • Gardens to both the front and rear
  • Established lettings location and ready-made investment opportunity

**BEING SOLD VIA SECURE SALE ONLINE BIDDING - Terms & Conditions apply. - STARTING BID £48,000**

A well-presented three-bedroom mid-terrace investment property offered for sale by auction, providing an attractive, ready-made opportunity for buy-to-let investors.

The accommodation briefly comprises a living room, kitchen fitted with modern units, rear entrance lobby and a bathroom with a three-piece suite. To the first floor are three bedrooms. The property also benefits from gardens to both the front and rear.

The house is being sold with the tenant in situ and currently let subject to an Assured Shorthold Tenancy at a rent of £595 per calendar month, producing an annual income of £7,140. Based on the starting bid price of £60,000, this reflects an excellent gross yield of approximately 13.7%.

Located within an established residential area with consistent rental demand, the property represents a solid income-producing investment from completion.

Important Information

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

Property Ref: GRS251683

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Jackson Green & Preston (Grimsby)

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

01472 311 113

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