Heneage Road, Grimsby

Asking Price
£87,000

3 Bedroom Terraced House for sale in Lincolnshire

3 3 1
  • Three bedroom mid-terrace house
  • Popular and established location
  • Entrance hall with three reception rooms
  • Extensive uPVC double glazing and gas central heating
  • Front and rear gardens
  • Currently let at £520pcm, potential £700pcm
  • Vacant possession available if required

A three bedroom mid-terrace house situated in this established and popular location, convenient for local amenities and within easy reach of the town centre.

The accommodation comprises entrance hall, living room, sitting room, dining room and kitchen to the ground floor, together with three bedrooms and a bathroom to the first floor. The property benefits from Extensive uPVC double glazing and gas central heating. There are gardens to the front and rear.

The property is currently let by way of an Assured Shorthold Tenancy producing £520 per calendar month, reflecting a gross yield of around 6.6% at the asking price. With some general modernisation and improvements, we would anticipate a rental income in the region of £700 per calendar month, which would represent a gross yield of approximately 8.8%.

This area is particularly popular with families and young couples, and vacant possession can be provided if required, making this an ideal purchase for either an investor or owner-occupier.

Important Information

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

Property Ref: GRS251253

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