5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- CALLING ALL INVESTORS
- 3 Self Contained Flats
- All To An Excellent Standard
- Each Let On Assured Shorthold Tenancy Agreements
- Total Rental Income Of £20,460 Per Annum
- A Superb Investment Return Of Circa 9%
- An Excellent Addition To A Lettings Portfolio
- Must Be Viewed
We are offering for sale three self contained flats (one of which is a duplex apartment) and are all presented to a good standard. Two of the flats have two bedrooms and one is a one bedroomed flat.
All of the flats are fully let generating an annual income of £20,460 per annum with the tenants wishing to remain in occupation. This is, therefore, a readymade investment yield of circa 9%.
Each of the individual flats are presented to a good standard with modern fitted kitchen kitchens and bathrooms and each have double glazing and central heating.
This would, therefore, be an extremely straight forward transfer of landlord owner and therefore is an opportunity not to be missed.
The property is located in this established and sought-after residential location in Mill Road in Cleethorpes, a short distance the main shopping parade on St. Peters Avenue and convenient for excellent local amenities.
EARLY VIEWING IS HIGHLY RECOMMENDED TO AVOID DISAPPOINTMENT.
Rooms
5A - Ground Floor Flat
Ground Floor
Living Room 4.72m x 3.93m
With laminate flooring, radiator and uPVC double glazed window unit. uPVC double glazed entrance door. Opening into kitchen-diner.
Kitchen-Diner 4.09m x 3.57m
With partially tiled walls, laminate flooring and fitted with a good selection of modern wall and base units and having gas point for cooker and plumbing for washing machine. Gas central heating combination boiler. uPVC double glazed door and side screen to the garden.
Inner Hallway
With tiled floor. Radiator.
Bedroom 1 3.54m x 2.9m
With radiator and uPVC double glazed window unit.
Bedroom 2 3.9m x 2.02m
With radiator and uPVC double glazed window unit.
Bathroom
Partially tiled and having a tiled floor and fitted with an attractive white three piece suite comprising panelled bath (bath with shower over), pedestal basin and low-flush w.c. Radiator and uPVC double glazed window unit.
Outside
There is a yard to the side for the exclusive use of this apartment.
NOTE
This property is currently let on an Assured Shorthold Tenancy Agreement at £625 per calendar month.
5B - First Floor Duplex Apartment
Ground Floor
With joint entrance to 5C. It has tiled floor and stairs to first floor accommodation with uPVC double glazed entrance door.
Hallway
First Floor
Landing
With laminate flooring. Stairs to second floor. Radiator and uPVC double glazed window unit.
Living Room
4.08m into chimney recess x 4.08m - With coving, ceiling rose, laminate flooring. Radiator and two uPVC double glazed window units. Opening to kitchen.
Kitchen 3.54m x 2.89m
With good selection of modern wall and base units incorporating a sink with drainer and mixer tap and having plumbing for washing machine and gas point for cooker. Laminate flooring. Gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.
Bathroom
Partially tiled and fitted with an attractive white three piece suite comprising panelled bath (bath with shower over), pedestal basin and low-flush w.c. Laminate flooring. Radiator and an extractor.
Second Floor
Bedroom 1 4.69m x 2.62m
With laminate flooring. Radiator and uPVC double glazed window unit.
Bedroom 2
5.75m maximum x 2.6m maximum - With radiator and uPVC double glazed window unit.
NOTE
This flat is currently let at £625 per calendar month.
5C - First Floor Flat
Entrance Hall
Living Room/Kitchen 4.57m x 3.04m
Partially tiled and fitted with a selection of wall and base units incorporating a sink unit with drainer and mixer tap, gas point for cooker, plumbing for washing machine. Radiator and uPVC double glazed window unit.
Bathroom
Partially tiled and fitted with an attractive white three piece suite comprising panelled bath (bath with shower over), pedestal basin and low-flush w.c. Radiator and uPVC double glazed window unit.
Bedroom 3.58m x 2.9m
With laminate flooring, radiator and uPVC double glazed window unit. Gas fired central heating combination boiler and a uPVC double glazed rear door to external staircase.
NOTE
This flat is currently let at £455 per calendar month.
Council Tax Band A (Each Flat)
This information was obtained on the 24th January 2024 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)
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