4 bedroom block of apartments for sale

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4 bedroom block of apartments for sale

Earl Street, Grimsby, Lincolnshire, DN31
£150,000

Our Summary

  • Outstanding Investment Opportunity - Fully Tenanted Block of 3 Flats in Central Grimsby National Residential are delighted to present this fantastic freehold investment property on Earl Street, Grimsby - a fully tenanted, end-terrace building split into 3 self-contained flats, all under a single title

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph without a list: This outstanding investment opportunity is a fully tenanted block of three self-contained flats in central Grimsby, located on Earl Street. The property is end-terrace and has a single title, with each flat being a separate unit. The flats are ideally situated for renters, with easy access to Grimsby town centre, shopping, schools, and the main train station, making it a highly attractive rental option. The property generates a gross monthly rental income of £1,456, with a gross annual rental income of £17,472, and an impressive gross yield of 10%. The tenants are responsible for their own utility expenses, and the property has no additional ground rent or service charges. With its central location, ongoing regeneration, and steady demand for rental properties, Grimsby is an attractive location for investors seeking strong yields and long-term growth. This fully tenanted investment offers a rare opportunity for investors to expand their portfolio, with a 10% rental yield and low overhead.
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