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Stanley Street, Grimsby... 3 bed terraced house for sale
Stanley Street, Grimsby, Lincolnshire, DN32
£45,000
Stanley Street, Grimsby, Lincolnshire, DN32
£45,000
Our Summary
- - STARTING BID - £45,000*A well-proportioned three-bedroom mid-terrace investment property offered for sale by auction, representing an excellent addition to an established lettings portfolio
- The tenant is established and wishes to remain, making this an attractive turnkey investment opportunity
Description
This three-bedroom mid-terrace property is being sold via online bidding with a starting bid of £45,000. The property offers a well-proportioned layout, with a living room, separate sitting/dining room, fitted kitchen, rear entrance lobby, and bathroom on the ground floor, and three generously sized bedrooms on the first floor. The property benefits from uPVC double glazing, a gas central heating system, and gardens to both the front and rear. Currently let at £144.23 per week, producing an annual income of approximately £7,500, this provides a strong gross yield of 16.7%. The tenant is established and wishes to remain, making this an attractive turnkey investment opportunity with immediate return.