- Clear refurbishment and value-add potential +
- Projected 15.6% gross rental yield +
- Estimated £650 pcm rental income +
- No forward chain sale +
- Three good-sized bedrooms +
- Short distance to Grimsby town centre +
- Close to shops and supermarkets +
- Accessible rail links from Grimsby Town +
- Near schools, parks and amenities +
- Ideal investment or project property +
This three-bedroom terraced house is offered for sale and requires renovation, presenting a clear refurbishment opportunity for buyers seeking a project. The accommodation currently includes one reception room, a kitchen and a bathroom, together with three bedrooms. The property has an EPC rating of E and falls within Council Tax Band A. It is noted as a mid-terrace with potential for an estimated rental income of £650 per calendar month once works are completed, and an indicated gross yield of 15.6%. The property is offered with no forward chain.
Situated in Grimsby, the house is well placed for access to the town centre, which offers a range of shops, supermarkets, and everyday amenities. Grimsby’s main high street and Freshney Place Shopping Centre provide further retail and leisure options, with cafés, restaurants and services available nearby.
The wider area includes a variety of primary and secondary schools, along with parks and open spaces around the town, providing recreational opportunities. This property may appeal to purchasers looking for a project in Grimsby with scope to add value through improvement works.
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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