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Grafton Street, Grimsby... 1 bed apartment for sale
Grafton Street, Grimsby, Lincolnshire, DN32 7RW
£30,000
Grafton Street, Grimsby, Lincolnshire, DN32 7RW
£30,000
Our Summary
- Due to the current lease length being below 80 years, the property will be unmortgageable to some lenders
Description
This property is being sold via online bidding and is an excellent investment opportunity with a yield of 10% at the current asking price. The property is a well-planned accommodation comprising a communal hallway, internal hallway and landing, kitchen, living room, bedroom, and shower room. The current tenant has been in situ since November 2024 and is paying £400 per month, making for a great sitting investment. The property features a uPVC double glazed front door, a range of wall and base units in the kitchen, and a three-piece bathroom suite. The property also has the benefit of a front garden, which is mainly concreted and surrounded by dwarf brick walling. Note that the property is leasehold for a term of 99 years from 2004, which may affect its mortgageability.