1 bedroom house for sale

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1 bedroom house for sale

Hainton Avenue, Grimsby, Lincolnshire, DN32
£249,995

Our Summary

  • An ideal investment opportunity there are 6x 1 bedroomed Flats and 2x 2 bedroomed Flats

Description

Jackson Green & Preston are offering 8 self-contained flats converted from 3 former terraced houses on Hainton Avenue in Grimsby. The property features 6 one-bedroom and 2 two-bedroom flats, with 5 currently let and generating an annual income of £17,812. The investment yield is around 6.47% based on the current asking price. The properties are in mixed condition, with 3 units currently unoccupied, and the potential rental income if fully let and refurbished is estimated at £23,400 per annum, representing an attractive investment return of 8.5%. The property also features a small garden and parking to the rear.
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