Bullets - Investment potential: Ideal opportunity for developers and landlords with NO ONWARD CHAIN. +
Two flats: Spacious end-terraced property split into ground and first-floor flats. +
Ground floor flat: Features a bay-fronted lounge/bedroom, additional bedroom, living/dining room, kitchen, and bathroom. +
First floor flat: Offers three bedrooms (or two and a sitting room), bathroom, and kitchen. +
Modernisation required: Great scope for adding value through refurbishment. +
Rental income: Estimated potential income of £12,000 per annum once updated and compliant with legislation. +
DDM Residential have received an offer of £78,000
Any increased offers are to be received within 5 days of this publication at the above agents DDM Residential, 25 Osbourne Street Grimsby DN31 1EY - telephone
Offered with no onward chain, this large end-terraced property presents a superb investment opportunity for developers and landlords alike. Currently configured as two self-contained flats – one on the ground floor and one on the first – the property is in need of modernisation throughout, providing a blank canvas for those looking to add value.
Please note there is on street parking nearby.
Ground Floor Flat: The ground floor flat is accessed via a communal entrance to the left, and features a spacious hallway leading to:
A bright front lounge or bedroom with a charming bay window.
A second bedroom.
A generous living/dining room.
A well-sized kitchen with direct access to the rear yard.
A bathroom located at the rear of the flat.
First Floor Flat: The first-floor flat is accessed straight ahead from the communal entrance, where there's useful storage space under the stairs. The flat offers:
Three bedrooms (or two bedrooms and a front sitting room) at the front of the property.
A bathroom and an additional bedroom towards the rear.
A kitchen with plenty of potential.
Once modernised, this property has an estimated rental income of £12,000 per annum, subject to compliance with current legislation. Situated in a popular area of Grimsby, it’s ideally located for access to local amenities, schools, and transport links.
This is an ideal project for those looking to capitalise on the rental market or developers seeking to add value through refurbishment. Don’t miss out on this fantastic opportunity!
Please be aware there is on street parking nearby and the property has limited indoor mobile coverage.
Agent Details
DDM Residential, Grimsby
01472 404591
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
Similar Properties
Like this property? Maybe you'll like these ones close by too.
