Hainton Avenue, Grimsby

Asking Price
£97,500

2 Bedroom Terraced House for sale in Lincolnshire

1 2 1
  • VIDEO VIEWING AVAILABLE
  • Mid terrace house converted into two self-contained flats
  • Each flat provides two-bedroom accommodation
  • Both flats currently empty and ready to let
  • Presented in good condition throughout
  • uPVC double glazing and gas central heating systems
  • Smart kitchens and modern bathroom facilities
  • Convenient for local amenities and Grimsby town centre
  • Estimated income of £12,000 p.a., potential gross yield of 12.3%

An excellent investment opportunity comprising a mid terrace house converted into two self-contained flats, both of which are currently empty and ready to let.

Each flat provides two-bedroom accommodation and is presented in good condition throughout, with uPVC double glazing, gas central heating, smart kitchen fittings and modern bathroom facilities. The property is well placed for the local rental market and offers an attractive income producing opportunity.

The anticipated rental income is in the region of £500 pcm per flat, producing a total estimated rental income of approximately £1,000 pcm, or £12,000 per annum. Based on the asking price of £97,500, this represents a potential gross yield of approximately 12.3%.

Hainton Avenue is conveniently located for local shops, amenities, schools and bus routes, with Grimsby town centre also within easy reach.

Important Information

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

Property Ref: GRS260808

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