>
2 bedroom property for sale
Farebrother Street, Grimsby, Lincolnshire, DN32
£100,000
Farebrother Street, Grimsby, Lincolnshire, DN32
£100,000
Our Summary
- Alternatively, the property could be converted into a HMO subject to the necessary planning consents
Description
Located in a prime residential position near Grimsby town centre, this property offers a unique opportunity for investors or those looking to convert into a HMO. The property comprises two flats, a 2-bedroom ground floor flat and a 1-bedroom first floor flat, with a communal hallway connecting both. The ground floor flat features a front and rear bedroom, living room, kitchen, bathroom, and private rear garden, while the first floor flat has a landing with access to the living room, bedroom, kitchen, and bathroom. Both flats have uPVC double glazing and a gas central heating system. The property also boasts front and rear gardens, with the rear garden being secluded and partially laid to artificial lawn. Currently let at £9,600 per annum, the property has potential for a 10.2% yield at the current asking price, making it an attractive investment opportunity.