4 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- CALLING ALL INVESTORS
- Ground Floor & First Floor Flat
- Each Flat Has 2 Bedrooms
- Both Flats Extremely Well Presented
- Each Have Modern Kitchen & Bathroom
- Both Let On Assured Shorthold Tenancy Agreements
- Total Rental Income £12,900 PA Combined
- 8.9% Yield At Current Price
This is a period terrace property located in Abbey Drive East convenient for Grimsby town centre that has been converted to provide two self contained two bedroomed flats. Each flat is refurbished to an excellent standard, decorated throughout to a contemporary style and has excellent modern fitted kitchen and bathroom.
Each flat has the benefit of gas fired central heating and there is the benefit of double glazing throughout.
The flats are currently let on Assured Shorthold Tenancy Agreements and managed through Jackson, Green and Preston Estate Agents. The total combined annual rental is £12,900 which represents an investment yield of 8.9% at the current asking price.
This would be perfect for the seasoned investor as it is a readymade investment opportunity.
VIEWING A MUST.
Rooms
Ground Floor Flat
Ground Floor
Communal Entrance Hall
With radiator.
Living Room 4.08m x 3.91m
With radiator and uPVC double glazed window unit.
Bedroom 1
3.81m maximum into chimney recess x 3.42m maximum - With radiator and uPVC double glazed window unit.
Bedroom 2/Dining Room 2.77m x 2.46m
With laminate flooring, gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.
Kitchen 2.91m x 2.9m
Partially tiled and fitted with a smart range of wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, hob and extractor canopy. Plumbing for washing machine. uPVC double glazed window unit.
Inner Lobby
With radiator and rear entrance door.
Bathroom
Partially tiled and fitted with an attractive white three piece suite comprising panelled bath with mixer tap and shower attachment, tiled flooring, extractor, radiator and uPVC double glazed window unit.
First Floor Flat
Ground Floor
Entrance Porch
With stairs to first floor accommodation.
First Floor
Landing
With radiator.
Living Room 5.23m x 4.1m
With radiator, uPVC double glazed window unit and uPVC double glazed bay window.
Bedroom 1 3.8m x 3.43m
With radiator and uPVC double glazed window unit.
Bedroom 2 2.84m x 2.4m
With radiator and uPVC double glazed window unit.
Kitchen 3.4m x 2.62m
Partially tiled and fitted with a good selection of modern wall and base units incorporating a sink unit with drainer and mixer tap. Having electric oven, gas hob and extractor canopy. Radiator. uPVC double glazed window unit and uPVC double glazed entrance door.
Bathroom
With laminate flooring and fitted with an attractive white three piece suite comprising panelled bath with shower over, low-flush w.c. and a hand basin set in vanity unit. Gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.
Gardens
The property has gardens to front and rear. The front garden is designated for use by the ground floor flat and the rear garden is designated for use by the first floor flat.
Tenure
We understand the property will be sold as Freehold. There is currently a lease of the first floor flat which will also be conveyed in the sale. All interested parties are advised to make their own enquiries.
Council Tax Band A (Each Flat)
This information was obtained on the 22nd September 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice
We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property.
They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity.
No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will (truncated)
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference GRS231354. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson Green & Preston - Grimsby.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 22, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 3, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.