Terraced house for sale in Hargrave Street, Grimsby, Lincolnshire DN31

£55,000
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Terraced house for sale - 3 bedrooms

3 1 1 EPC Rating: D EPC Rating: D

Tenure:
Freehold
Council tax band:
A

Utilities and more details

Property features

  • Investment opportunity
  • Tenants paying £525/month
  • 11.45% gross return
  • Heart of Grimsby
  • Three bedrooms
  • One reception room
  • Council Tax Band A
  • EPC rating D
  • Established tenant base
  • Immediate income source

Property description

Presenting a lucrative investment opportunity, this 3-bedroom terraced property is currently listed for sale. The property is a ready-made investment, being sold with Tenants in situ who are presently paying £525 per month, yielding a gross return of 11.45%.

The property is situated in the heart of Grimsby, offering convenience and accessibility. The terraced house encompasses one reception room, a kitchen, three bedrooms, and a bathroom. The layout provides ample space for comfortable living while also offering potential for personalisation to suit the tenant's needs.

The property falls under the Council Tax Band A, which offers affordability in terms of annual tax payments. It also holds an EPC rating of 'D', indicating a reasonable level of energy efficiency.

While the property doesn’t have any unique features specified, its potential for high yield makes it an attractive proposition for investors looking for a dependable income source. It is an excellent choice for those seeking a property with an established occupancy record and strong return potential.

In summary, this mid-terrace property offers a promising investment opportunity with its established tenant base and central location in Grimsby. Be sure not to miss out on this property that presents both an immediate income source and the potential for future growth.

Important 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.

GRI240423/8

Location

Hargrave Street is located just off Gilbey Road and is approximately 500 m from Grimsby Town centre, making it extremely convenient for all the facilities such as shops, restaurants, public houses and transport links. It is also only a short distance to the A180 motorway, making it ideal for commuters.
Macaulay primary academy is only 300m away and provides schooling at KS1 and KS2.

Main Accommodation

Entrance Hall

Living Room (3.4m x 2.92m (11' 2" x 9' 7"))

Dining Room (3.96m x 3.38m (13' 0" x 11' 1"))

Kitchen (3.35m x 2.54m (11' 0" x 8' 4"))

Bathroom (1.47m x 1.3m (4' 10" x 4' 3"))

First Floor Landing

Bedroom 1 (3.99m x 3.4m (13' 1" x 11' 2"))

Bedroom 2 (3.38m x 3.07m (11' 1" x 10' 1"))

Bedroom 3 (3.2m x 2.57m (10' 6" x 8' 5"))

Garden

Property info

Floorplan(s): Floorplan

Floorplan View original

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For more information about this property, please contact
Reeds Rains - Grimsby, DN31 on +44 1472 467848 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Reeds Rains - Grimsby, and do not constitute property particulars. Please contact Reeds Rains - Grimsby 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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