Princes Avenue, Grimsby... 1 bed apartment for sale

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Princes Avenue, Grimsby... 1 bed apartment for sale

Princes Avenue, Grimsby, Lincolnshire, DN31
£147,000

Our Summary

  • In the Agents opinion, there is potential for a further increase in the rental value which would make this an even more attractive investment opportunity
  • Potential For Increase In Rent

Description

Jackson, Green and Preston is offering 7 Princes Avenue in Grimsby, a converted mid-terrace town house with three self-contained flats, to property investors looking to expand their portfolio. The property is currently generating an annual rental income of £12,960, with a current investment yield of 8.82%. Each flat has its own separate access, double glazing, and independent electric heating systems, and is let on Assured Shorthold Tenancy Agreements. With potential for further rental value increases, this property presents an attractive investment opportunity, with the added benefit of being a straightforward transfer of landlordship, as all required certification is already in place.