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10 bedroom house for sale
West Parade, Grimsby
£290,000
West Parade, Grimsby
£290,000
Our Summary
- Though a slight scheme of modernisation is required, this unique proposition presents a potential investor / landlord an opportunity to purchase a ready made set of homes
- With some of the apartments currently occupied by tenants, the potential owner could be achieving an annual rent of £60,000 from both blocks
- ‘This property is for sale by Traditional Auction
- Great Investment Opportunity
- Slight Refurbishment Required
Description
Farrow Estate Agents are offering a unique opportunity to purchase two Victorian Terraces, converted into 10 separate dwellings, comprising of 8 apartments and 2 bedsits. Although some modernization is required, the property presents a potential investor/landlord with a ready-made set of homes, with some apartments currently occupied by tenants and generating an annual rent of £60,000. The apartments and bedsits are each self-contained, with a lounge, kitchen, bathroom, and double bedroom, and are on separate utilities. The property also features a secure courtyard with ample space for relaxation and a designated smoking area. Located just a short walk from Grimsby Town Centre, with its many amenities, this substantial building is being sold by traditional auction, with exchange taking place immediately and completion within 28 days.