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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
Jackson, Green and Preston are offering two flats for sale, a 2-bedroom ground floor flat and a 1-bedroom first floor flat, located in a prime residential area close to Grimsby town centre. The ground floor flat features a front and rear bedroom, living room, kitchen, bathroom, and a private rear garden, while the first floor flat has a landing with access to a living room, bedroom, kitchen, and bathroom. The property benefits from uPVC double glazing and a gas central heating system. The flats are currently let for £9,600 per annum, but with a potential market rent of £11,160, representing a 10.2% yield at the current asking price. The property also has potential for conversion into a HMO subject to necessary planning consents, making it an excellent opportunity for investors.