Earl Street | Grimsby | North East Lincolnshire | DN31 2PW
Asking Price: £175,000
Earl Street
Attention Investors ***
EPC: C-D | Tenure: Freehold | Council Tax: A 4
A fantastic opportunity to purchase a freehold concern of 3 individual flats that generate circa £17,348 pa when fully let. Within short walking distance of Grimsby town centre.
A rare opportunity to purchase 3 x apartments in a convenient location close to Grimsby Town Centre with its many amenities, shops and transport links.. The building is comprised of 2 x one bedroom ground floor apartments and 1 x two bedroom 1st floor apartment.
When fully let it would command in the region of £17,348 per annum which represents 9.9 % yield Gross at asking price. Each individual flat currently rents for - Flat 1 - £450.66 per calendar month Flat 2 - £475.00 per calendar month Flat 3 - £520.00 per calendar month
Location :- Earl street is an established residential position and is approximately 200m from Grimsby Town centre, making it extremely convenient for all the facilities such as shops, restaurants, public houses and transport links. It is also only a short distance to the A180 and M180 motorway, making it ideal for commuters. Macaulay Primary Academy is only 500m away and provides schooling at KS1 and KS2.
Agent’s Note: Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property. These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees. Buyers should ensure they seek appropriate financial advice and budget accordingly. 3
