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Block of flats
Pennistone Place, Grimsby DN33
£850,000
Pennistone Place, Grimsby DN33
£850,000
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 is a lucrative investment opportunity for potential buyers. The properties, built in 2008, are currently generating a steady annual gross income of £46,740 through rental returns. The portfolio comprises 15 bedrooms, 5 lounges, 5 kitchens, and 5 bathrooms, with each property having its own designated parking space. The properties are well-maintained and have tenants already in situ, providing a hassle-free investment opportunity for buyers. With the potential for future rental income and a competitive purchase price, this portfolio is an attractive addition to any investor's property portfolio.