Farebrother Street, Grimsby, Lincolnshire, DN32

House for sale in Lincolnshire

Jackson, Green and Preston are delighted to offer to the market 1 x 2 bedroom ground floor flat and 1 x 1 bedroom first floor flat, located in this prime residential position in close proximity to Grimsby town centre.
This well planned accommodation briefly comprises of a communal hallway with a uPVC double glazed frosted front door, which leads access to both the ground floor and the first floor flat, with the ground floor comprising of a front and rear bedroom as well as a living room, kitchen, bathroom and a private rear garden. The first floor accommodates a landing providing access to the living room, bedroom, kitchen and bathroom.
Externally the property has a front garden, which is low maintenance being laid to concrete and surrounded by a dwarf brick wall and a rear garden accessed via the ground floor flat, which is secluded on all sides by a mixture of timber fencing and brick walling and is partially laid to concrete and partially laid to artificial lawn.
Both flats benefit from uPVC double glazing throughout and a gas central heating system each.
This is an excellent opportunity for any investor looking to add to their portfolio, with the properties currently let at £9,600 per annum, but with a potential market rent of £11,160, which would represent a 10.2% yield at the current asking price.
Viewing is highly recommended for this excellent opportunity.

Ground Floor

Communal Hallway    With a uPVC double glazed frosted front door and leading access to both flats.

Ground Floor Flat

Bedroom 1 13'6" x 11'1" (4.11m x 3.38m). With a uPVC double glazed front window, radiator and dado railing.

Living Room 12'5" x 12'2" (3.78m x 3.7m). With a uPVC double glazed rear window, radiator and an attractive electric fire.

Kitchen    With a range of attractively fitted wall and base units incorporating a basin with a mixer tap as well as a cooker with a four-ring gas hob and space for a 'fridge-freezer. Complete with a uPVC double glazed side window and the "Ideal" combination boiler.

Second Hallway    Complete with a radiator and a uPVC double glazed frosted door leading onto the garden.

Bedroom 2 10'6" x 9' (3.2m x 2.74m). With a uPVC double glazed frosted window and a radiator.

Bathroom    An attractive three piece suite incorporating a bath with a shower head attachment, w.c. and a pedestal basin. Complete with a uPVC double glazed frosted window and partial tiling.

First Floor Flat

Landing    Leading access to all rooms in the flat and complete with a radiator, storage cupboard and dado railing.

Living Room 13'6" x 14'4" (4.11m x 4.37m). With two uPVC double glazed front windows, radiator and dado railing.

Bedroom 12'6" x 8'4" (3.8m x 2.54m). With a uPVC double glazed rear window, radiator and dado railing.

Kitchen 8'7" x 8'10" (2.62m x 2.7m). With a range of wall and base units incorporating a basin, cooker with a four-ring gas hob and space for a 'fridge-freezer and washing machine. Complete with partial tiling and a uPVC double glazed rear window.

Bathroom    A three piece suite comprising of a bath, w.c. and pedestal basin. Complete with partial tiling and a uPVC double glazed frosted window.

Gardens    The property benefits from a front garden, which is low maintenance being mainly laid to concrete and is surrounded by a dwarf brick wall as well as a rear garden, which is also low maintenance being mainly laid to concrete/artificial turfing being secluded on all sides by a mixture of timber fencing/brick walling and is accessed via the ground floor.

Tenancies    We understand the ground floor is let on an Assured Shorthold Tenancy with the tenant paying £400 per calendar month and has been in occupation since 2018. We understand the first floor flat is let on an Assured Shorthold Tenancy with the tenant paying £400 per calendar month and has been in occupation since 2021.

Tenure    We understand the property is freehold and all interested parties are advised to make their own enquiries.

Council Tax Band A (Each Flat)    This information was obtained on the 31st October 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_VAL230138