2 bedroom apartment for sale

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2 bedroom apartment for sale

Thorgam Court, Grimsby, Lincolnshire, DN31
£40,000

Our Summary

  • This property is currently Leasehold for a term of 99 years (less 10 days) from 1st February 1972 and therefore would not be mortgageable subject to the current lease and therefore would only appeal to cash buyers

Description

This is a recently refurbished two bedroomed flat located in Thorgam Court in Grimsby, available for purchase as part of a leasehold property. The flat boasts a spacious living room, modern fitted kitchen, two bedrooms, and a stylish white bathroom, with electric heating and uPVC double glazing. The property is currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £450 per calendar month, providing an excellent 13.5% investment return. Due to the leasehold status, the property would only appeal to cash buyers.
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