2 bed terraced house

Our Summary

• ERV £575–£600pcm with potential yield of approx
• Offered for sale by auction with a £60,000 starting bid
• SummaryAn attractive buy-to-let investment opportunity offered for sale by auction, located on Haycroft Street in a well-established residential area of Grimsby
• Comparable properties of this type and location would typically command rents in the region of 575-600 per calendar month, indicating clear scope for rental growth, subject to statutory requirements
• On reversion to market rent, the potential gross yield increases to approximately 11
• The property is offered for sale by auction and would make a strong addition to an existing portfolio
• Council Tax Band: ATenure: FreeholdAuctioneers Additional CommentsPattinson Auction are referred to below as The Auctioneer
• This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer
• The property is being sold via a transparent online auction
• An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction