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Studio apartment for sale
Princes Avenue, Grimsby, Lincolnshire, DN31
£147,000
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 presents an attractive investment opportunity in Grimsby with 7 Princes Avenue, a converted mid-terrace town house comprising three self-contained flats. The property is currently let on Assured Shorthold Tenancy Agreements, generating an annual rental income of £12,960, representing an 8.82% yield. Each flat has its own access, double glazing, and independent electric heating systems, making it a straightforward transfer of landlord. The agents believe there is potential for further rental value growth, making this an even more attractive investment opportunity for property investors looking to increase their portfolio.