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2 bedroom apartment for sale
Freshney Drive, Grimsby, Lincolnshire, DN31
£40,000
Freshney Drive, Grimsby, Lincolnshire, DN31
£40,000
Our Summary
- The property is in need of renovation, presenting a fantastic opportunity for investors or DIY enthusiasts looking for their next project
- One of the significant advantages of this property is its potential for a high rental yield of 12
- This makes it an excellent investment opportunity
- Please note that due to the need for refurbishment, the property is ideally suited to cash buyers
Description
This two-bedroom flat is a fantastic opportunity for investors or DIY enthusiasts looking to renovate and flip a property. The first-floor apartment needs some TLC to bring it up to modern standards, but its potential for a high rental yield of 12.7% makes it an excellent investment opportunity. The property features two well-sized bedrooms, a single bathroom, and a reception room perfect for a cozy living area. A practical kitchen space and garage with off-street parking are additional bonuses. With gas central heating and an Energy Performance Certificate rating of 'C', the property is efficient and should have reasonable energy bills. The flat is also in council tax band 'A', reducing annual outgoings. With no forward chain, the purchasing process is simplified, and the property is ideal for cash buyers. Don't miss out on this unique opportunity to transform a property and reap the rewards.