Offers over
£53,000
(£105/sq. ft)
1 bed flat for saleTorrington Street, Grimsby DN32
1 bed
1 bath
1 reception
506 sq. ft
- Leasehold
Let Property
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About this property
Buy-to-Let Opportunity
Tenants Currently Situated
Likely to attract enquiries from Serious Investors & Developers
Good Condition
Three Piece Bathroom
Shared private parking and rear garden
Easy Access to Local Amenities
Investment potential detailed below (Let Property Pack)
This one-bedroom flat is located in Grimsby, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns.
This is a brilliant opportunity for investors!
This property offers one bedroom, a lounge, a kitchen, and a bathroom with three fixtures. Additional features include access to a shared private parking area and a communal rear garden
Investment Details:
The property generates an annual gross income of £5,100, which the new owner could increase to a market rate of £6,180 with tenants currently situated. The purchase price makes it a worthwhile addition to any investor's portfolio.
Please see the Let Property Pack linked below for more details on this property's investment potential.
Tenancy Details:
The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.
Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.
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More information
Tenure
Leasehold (123 years)
Service charge
Council tax band
Ground rent
£20
Ground rent date of next review