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1 bed house
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Price History
Our Summary
- An ideal investment opportunity there are 6x 1 bedroomed Flats and 2x 2 bedroomed Flats
- An excellent investment opportunity
- Requiring some works of modernisation
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Description
The property, located on Hainton Avenue in Grimsby, consists of 8 self-contained flats converted from three former terraced houses. The flats, which include six one-bedroom and two two-bedroom units, are in mixed condition, with three currently unoccupied. With some refurbishment and letting, the properties are expected to generate a rental income of £23,400 per annum, representing an attractive investment return of 8.5% on the current asking price.
The property also features a small front garden and parking at the rear, making it an ideal investment opportunity for landlords.