Block of flats for sale in Greenlands Avenue New Waltham, Grimsby DN36

Offers over £54,950 (£123.76/sq. ft)
Interested in this property? Call +44 1472 467137 * or Request Details

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Block of flats for sale

444 sq. ft*

Property features

  • Excellent Investment Opportunity
  • Tenanted first floor modern flat
  • Living Area of approx. 444 sq. Ft. (41.2 sq. M).
  • Offering an impressive yield in excess of 12%

Property description

The subject property is located in the highly sought after area of New Waltham. It is situated to the rear off Greenland Avenue. The seaside town of Cleethorpes and Humberston are within easy reach and close to Grimsby town centre with easy access to the motorway network.

The property is a first floor flat and is accessed to the rear of the shops. It has recently been refurbished and is currently tenanted with a rental income of £550 per month on an assured shorthold tenancy. The living area is approx. 444 sq. Ft. (41.2 sq. M).

The approximate accommodation comprises:
Lounge 175 sq. Ft. (16.3 sq. M).
Kitchen 59 sq. Ft. (5.5 sq. M).
Bedroom 127 sq. Ft. (11.8 sq. M).
Bathroom 47 sq. Ft. (4.3 sq. M).

The flat is achieving an annual income of £6,600 per annum (£550 per month) giving an impressive yield of 12%.

Each party will be responsible for their own legal costs incurred in this transaction together with any stamp duty or land tax that may apply.

We are advised that the property is leasehold.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Cleethorpes Properties, DN31 on +44 1472 467137 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cleethorpes Properties, and do not constitute property particulars. Please contact Cleethorpes Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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