St. Martins Crescent, Grimsby... 3 bed semi

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St. Martins Crescent, Grimsby... 3 bed semi

St. Martins Crescent, Grimsby, Lincolnshire, DN33 1BG
£82,000

Our Summary

  • - STARTING BID £82,000*For sale by public auction – A three-bedroom semi-detached house situated in a pleasant cul-de-sac off Laceby Road, being sold subject to the existing tenancy
  • The property does require a little refurbishment but benefits from a valid Gas Safety certificate
  • The tenant is keen to remain in occupation, offering an ideal ready-made investment opportunity for landlords
  • Requires Some Refurbishment
  • Requires some refurbishment

Description

For sale by public auction, this three-bedroom semi-detached house in a quiet cul-de-sac off Laceby Road is being sold subject to an existing tenancy. The property is currently let for £700 per month, generating an annual income of £8,400 and a strong gross yield of over 10% against the guide price of £82,000. The accommodation includes an entrance hall, living room, kitchen, three bedrooms, and bathroom, with a driveway providing off-road parking and a garage. While the property requires some refurbishment, it benefits from a valid Gas Safety certificate and a tenant who is keen to remain in occupation, making it an ideal ready-made investment opportunity for landlords. The property is located close to local amenities, schools, and transport links, making it a desirable location for residents.