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6 bedroom terraced house for sale
St. Augustine Avenue, Grimsby, Lincolnshire, DN32
£210,000
St. Augustine Avenue, Grimsby, Lincolnshire, DN32
£210,000
Our Summary
- 49 St Augustine Avenue, Grimsby, DN32 0LD Fully Licensed 6-Bed HMO | Freehold | High-Yield Investment Opportunity Overview Pure Investors are delighted to present this fully licensed 6-bedroom HMO located on St Augustine Avenue, a proven rental hotspot in Grimsby
- Property Features Terraced, freehold 6-bed licensed HMO Fully let to 6 tenants with compliant ASTs Professionally maintained and in strong rental condition Interlinked fire safety system with emergency lighting Strong local rental demand ensuring minimal voids Stable income with scope for future rental uplift Location Positioned in the DN32 postcode, the property offers tenants excellent access to: Grimsby town centre Shops and amenities Transport links Major employers and industrial hubs This creates an ideal environment for sustained occupancy and long-term rental performance
Description
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Here is a summary of the property description in a single paragraph:
The property is a fully licensed 6-bedroom HMO located on St Augustine Avenue in Grimsby, offering a high-yield investment opportunity with a net annual income of £21,060 and a NET yield of 10.0%. The property is fully tenanted, professionally managed, and delivers consistent returns with minimal operational complexity. The property benefits from a full HMO licence, complete certification, and strong local rental demand, ensuring minimal voids and a stable income. With a freehold ownership, comprehensive fire, gas, electrical, and safety certification, and a long remaining HMO licence, this property is ideal for hands-off investors seeking a stress-free acquisition and secure passive income.