Block of flats

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Block of flats

Pennistone Place, Grimsby DN33
£795,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • Investment potential detailed below (Let Property Pack)

Description

This portfolio of five properties in Grimsby, all built in 2008, offers a steady and rewarding rental income for investors. The properties, located on Pennistone Place, consist of three-bedroom end-terrace, mid-terrace, and detached houses, as well as a semi-detached house, providing a total of 15 bedrooms, 5 lounges, 5 kitchens, and 5 bathrooms. Each property has its own designated parking space and is currently occupied by tenants, generating an annual gross income of £46,740. The portfolio presents a worthwhile investment opportunity for those looking to expand their property portfolio, with potential for future rental income growth.