- Sold subject to existing tenancy
- Rent £110pw a rent review is curently in progress
- Gross yield approx. 10.4%
- Three-bedroom mid-terrace property
- Two reception rooms
- Kitchen, rear lobby and ground floor bathroom
- Rear garden
- Strong, ready-made investment opportunity
3 Bedroom Terraced House for sale in Lincolnshire
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An excellent opportunity to acquire a tenanted three-bedroom mid-terrace property, ideally suited to buy-to-let investors seeking an immediately income-producing asset with strong yield potential.
The property is being sold subject to an existing tenancy, currently producing £110 per week (£5,720 per annum) a rent review is currently in progress. Based on the asking price of £55,000, this reflects a gross yield of approximately 10.4%.
The accommodation briefly comprises a living room, separate sitting/dining room, fitted kitchen, rear lobby and ground floor bathroom. To the first floor are three bedrooms.
Externally, the property benefits from a rear garden.
The property is located within an established residential area of Grimsby, well placed for local amenities and transport links, and continues to be a popular location for rental demand.
This is a straightforward, ready-made investment with income in place and a strong yield profile, making it an ideal addition to an existing portfolio or a solid first investment purchase.
Important Information
- This is a Freehold property.
- This Council Tax band for this property is: A
- EPC Rating is C
Property Ref: GRS260370
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Jackson Green & Preston (Grimsby)
19 West Saint Marys Gate, Grimsby, Lincolnshire, DN31 1LE
01472 311 113
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