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1 bedroom flat for sale
Elmer Street North, Grantham, NG31
£70,000
Elmer Street North, Grantham, NG31
£70,000
Our Summary
- With some works the rent could be increased to produce a stronger yield
- Value-Add Opportunity- Scope for Improvements to Increase Rental Value and Boost Yield
Description
This property offers a great investment opportunity with a tenant already in place, providing a 7.54% yield. The one-bedroom flat is located on Elmer Street North in the heart of Grantham, with direct access to the High Street and close proximity to public transport links. The property features a kitchen, lounge/diner, shower room, and one bedroom, and with some renovation work, the rent could be increased to produce a stronger yield. With an EPC rating of E, this property presents a solid investment opportunity for an investor looking for a hassle-free rental income stream.