3 Bed Terraced House, Single Let, Grimsby, DN32 9JE, £45,000

• For Sale by Modern Auction – T & C’s apply +
• Subject to Reserve Price +
• Buyers fees apply +
• The Modern Method of Auction +
• Three spacious bedrooms +
• Two reception rooms +
• Large kitchen for refurbishment +
• Potential rental income £720/month +
• 19.2% gross yield potential +
• Large tranquil gardens +

Presenting a unique opportunity to acquire a three-bedroom terraced house in need of renovation. This property, listed for sale, is a terrific investment opportunity with enormous potential. The house boasts two spacious reception rooms, offering ample space for entertaining and relaxation. The large kitchen provides the ideal canvas for refurbishment, allowing you to design your dream culinary space.

Three generously sized bedrooms offer plenty of room for a growing family or for hosting guests. A single bathroom serves the property, which, like the rest of the house, presents an excellent opportunity for modernisation.

The property is nestled within large gardens, offering a tranquil oasis and further potential to extend or enhance the outdoor space. The property's potential rental income of £720 per calendar month provides a 19.2% gross yield once renovation works have been completed, making this a highly attractive investment opportunity.

The house is equipped with a gas central heating system, and a new boiler was fitted in 2014, ensuring a warm and cosy atmosphere during the colder months. There is no forward chain, allowing for a smooth and straightforward purchase process.

Finally, this property falls within council tax band A, which is an additional financial advantage for the new owner.

In summary, this three-bedroom terraced house, although requiring refurbishment, offers immense potential to create a comfortable and stylish home or a lucrative rental property.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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