Wellington Court, Lincolnshire DN32 1 bed apartment for sale

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Wellington Court, Lincolnshire DN32 1 bed apartment for sale

Wellington Court, Grimsby, Lincolnshire DN32
£22,500

Our Summary

  • Presenting a unique opportunity for sale, this one-bedroom flat, situated on the first floor, offers a wealth of potential for both first-time buyers and seasoned investors
  • The property is currently in a state that requires renovation, making it an ideal canvas for those wishing to put their own stamp on a future home or investment property
  • Despite needing some tlc, the property's rooms offer a solid foundation for refurbishment and the potential to create a comfortable and modern living space
  • In summary, this flat presents a superb opportunity to purchase a property with great potential
  • Investment potential
  • Potential for renovation

Description

This one-bedroom flat on the first floor offers a unique opportunity for first-time buyers and investors alike. Although it requires renovation, the property's generous layout and solid foundation provide a blank canvas for creating a comfortable and modern living space. With an EPC rating of 'D' and council tax band 'A', the property's outgoings are relatively low. The estimated rental income is £475 per month, resulting in a high gross yield of 25.3%. The flat's prime location, close to amenities and transport links, makes it an attractive option for commuting professionals and those seeking convenient access to local facilities. Overall, this property presents a superb opportunity to purchase a property with great potential, whether you're a first-time buyer or an investor seeking a lucrative opportunity.
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