Abbey Drive East, Grimsby, Lincolnshire, DN32

£139,950

4 Bedroom Terraced House for sale in Lincolnshire

2 4 2
  • CALLING ALL INVESTORS
  • Ground Floor & First Floor Flat
  • Each Flat Has 2 Bedrooms
  • Both Flats Extremely Well Presented
  • Each Have Modern Kitchen & Bathroom
  • Both Let On Assured Shorthold Tenancy Agreements
  • Total Rental Income £12,900 PA Combined
  • 8.9% Yield At Current Price

CALLING ALL LANDLORD INVESTORS - Jackson, Green and Preston are delighted to offer to the market for sale this excellent investment opportunity.
This is a period terrace property located in Abbey Drive East convenient for Grimsby town centre that has been converted to provide two self contained two bedroomed flats. Each flat is refurbished to an excellent standard, decorated throughout to a contemporary style and has excellent modern fitted kitchen and bathroom.
Each flat has the benefit of gas fired central heating and there is the benefit of double glazing throughout.
The flats are currently let on Assured Shorthold Tenancy Agreements and managed through Jackson, Green and Preston Estate Agents. The total combined annual rental is £12,900 which represents an investment yield of 8.9% at the current asking price.
This would be perfect for the seasoned investor as it is a readymade investment opportunity.
VIEWING A MUST.

Ground Floor Flat

Ground Floor

Communal Entrance Hall    With radiator.

Living Room 13'5" x 12'10" (4.1m x 3.9m). With radiator and uPVC double glazed window unit.

Bedroom 1 12'6" (3.81m) maximum into chimney recess x 11'3" (3.42m) maximum. With radiator and uPVC double glazed window unit.

Bedroom 2/Dining Room 9'1" x 8'1" (2.77m x 2.46m). With laminate flooring, gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.

Kitchen 9'7" x 9'6" (2.92m x 2.9m). Partially tiled and fitted with a smart range of wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, hob and extractor canopy. Plumbing for washing machine. uPVC double glazed window unit.

Inner Lobby    With radiator and rear entrance door.

Bathroom    Partially tiled and fitted with an attractive white three piece suite comprising panelled bath with mixer tap and shower attachment, tiled flooring, extractor, radiator and uPVC double glazed window unit.

First Floor Flat

Ground Floor

Entrance Porch    With stairs to first floor accommodation.

First Floor

Landing    With radiator.

Living Room 17'2" x 13'5" (5.23m x 4.1m). With radiator, uPVC double glazed window unit and uPVC double glazed bay window.

Bedroom 1 12'6" x 11'3" (3.8m x 3.43m). With radiator and uPVC double glazed window unit.

Bedroom 2 9'4" x 7'10" (2.84m x 2.4m). With radiator and uPVC double glazed window unit.

Kitchen 11'2" x 8'7" (3.4m x 2.62m). Partially tiled and fitted with a good selection of modern wall and base units incorporating a sink unit with drainer and mixer tap. Having electric oven, gas hob and extractor canopy. Radiator. uPVC double glazed window unit and uPVC double glazed entrance door.

Bathroom    With laminate flooring and fitted with an attractive white three piece suite comprising panelled bath with shower over, low-flush w.c. and a hand basin set in vanity unit. Gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.

Gardens    The property has gardens to front and rear. The front garden is designated for use by the ground floor flat and the rear garden is designated for use by the first floor flat.

Tenure    We understand the property will be sold as Freehold. There is currently a lease of the first floor flat which will also be conveyed in the sale. All interested parties are advised to make their own enquiries.

Council Tax Band A (Each Flat)    This information was obtained on the 22nd September 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See www.gov.uk/council-tax-bands

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_GRS231354

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