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Our Summary
- An excellent investment opportunity
- Requiring some works of modernisation
- An ideal investment opportunity there are 6x 1 bedroomed Flats and 2x 2 bedroomed Flats
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Description
Jackson Green & Preston presents an investment opportunity with 8 self-contained flats converted from three former terraced houses on Hainton Avenue in Grimsby. The property offers a mix of one and two-bedroom flats, with five currently let and generating an annual income of £17,812, representing a 6.47% yield. The remaining three units are vacant, but with refurbishment and full letting, the potential rental income could reach £23,400, yielding an attractive 8.5% return on the current asking price.
The property features a small front garden and rear parking.