Prime Location: Close to Grimsby Town Centre with excellent access to amenities and transport links. +
Versatile Layout: Includes a 30ft kitchen/dining room, ensuite bedrooms, and private lounge for Bedroom 3. +
Traditional Period Property: Combines charming character features with modern functionality. +
Convenient Parking: Shared rear access to parking and a small front garden. +
For Sale By Auction – T & C's Apply +
Subject To An Undisclosed Reserve Price +
Reservation Fee Applicable +
The Modern Method Of Auction +
DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £250,000 plus reservation fee.
Six-Bedroom HMO on Abbey Road, Grimsby.
Welcome to this substantial six-bedroom HMO property on Abbey Road, Grimsby. This traditional period property offers a lucrative investment opportunity, combining charming character features with a practical and versatile layout. Ideally located close to Grimsby Town Centre, the property benefits from excellent access to local amenities, making it highly attractive to tenants.
We are told by the current owner the HMO license is valid until 2029 (prospective buyers are advised to make their own enquiries to confirm).
Accommodation Overview
Ground Floor:
Spacious entrance hall reflecting the property's period character.
Bedroom 1.
Bedroom 2 with private ensuite.
Generously sized 30ft kitchen/dining room, ideal for shared use.
First Floor:
Bedroom 3 with private lounge and bathroom, providing an exceptional level of comfort.
Bedroom 4.
Bedroom 5.
Communal shower room.
Second Floor:
Bedroom 6 with ensuite, completing this versatile layout.
External Features
The property includes a small front garden and rear access to a shared parking area, offering convenience for tenants.
Key Information
Period Appeal: This traditional property retains its character while offering modern functionality as a licensed HMO.
Location: Situated close to Grimsby Town Centre, tenants will enjoy easy access to shops, restaurants, public transport, and other amenities.
Current Income: Annual income details to be confirmed, presenting a promising investment opportunity.
This property represents a fantastic opportunity for investors looking to acquire a fully licensed and operational HMO in a prime location.
To arrange a viewing or to discuss this property further, please get in touch.
PLEASE NOTE - 81 Abbey Road room current rents:
Room 1 = £433pm
Room 2 = £475pm
Room 3 = £520pm
Room 4 = £390pm
Room 5 = £411pm
Room 6 = currently vacant but expected to rent £500pm once electrical upgrade has been carried out by the new owners/ purchasers
Due to recent regulation changes, room 6 cannot be let until the fire alarm system is upgraded which (based on a recent quote) is expected to cost £3000 the current owners have informed us.
The property is currently managed by Letsand.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties’ personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £349 (Inc. VAT) for this pack which you must viewed before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
TO VIEW OR MAKE A BID – Contact DDM Residential on .
Agent Details
DDM Residential, Grimsby
01472 404591
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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