This property has been taken off the market.

2 Bed Terraced House For Sale Lancaster Avenue, Grimsby, DN31

£80,000- Terraced

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Last Updated: 20th March 2024

Description

***** ATTENTION INVESTORS *****
A great opportunity to purchase a ready-made investment. An attractive 2 bedroom mid-terrace house that is only a stones throw from Grimsby Town centre, shops, transport links and amenities. A long term Tenant is currently paying £440pcm, which if sold at asking price would deliver an investment yield of 6.60%.

• Charming terraced property in good condition
• One reception room for relaxing/entertaining
• Well-maintained kitchen for culinary enthusiasts
• Two cosy bedrooms ideal for small family/professionals
• Modern bathroom with convenient amenities
• Cost-effective living with D EPC rating
• Long-term tenant paying £440 PCM
• Gross yield of 6.60%
• Sought-after location with easy access to amenities
• Ready-made investment opportunity

Presenting this charming terraced property in good condition, now available for sale in DN31.

This property offers comfortable living with one reception room, ideal for relaxing and entertaining guests. The well-maintained kitchen provides a functional space for culinary enthusiasts.

With two cosy bedrooms, this home is perfect for a small family or professionals seeking a comfortable living space. The bathroom provides convenience with its modern amenities.

Benefiting from a D EPC rating and falling under council tax band A, this property offers cost-effective living without compromising on comfort.

A unique investment opportunity awaits as this property comes with a long-term tenant currently paying £440PCM, providing a gross yield of 6.60%.

Situated in a sought-after location, this property offers easy access to local amenities, schools, and transport links, making it an ideal choice for those looking for a convenient lifestyle.


\rIMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

GRI240151/2
Agent Details
Reeds Rains
6, Bethlehem Street, Grimsby, DN31 1JU
Show Contact Number
01472 241 735

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested