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Kitchen (2)
Kitchen
Kitchen (3)
Living Room
Living Room (2)
Hall
Bedroom 1
Bedroom 2
Bathroom
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2 bedroom apartment for sale

Wellowgate, Grimsby, Lincolnshire, DN32
Apartment
2 beds
1 bath
322
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand A

Features and description

  • 2-bedroom first-floor flat
  • Sitting tenant in place
  • Annual rent: £5,280
  • Approximate yield: 10%
  • Consistent rental income
  • Investment opportunity
  • Established tenancy agreement
(WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH)
Two-bedroom first-floor flat currently occupied by a sitting tenant. The property generates an annual rental income of £5,280, providing a yield of approximately 10%. Suitable for investors seeking an income-producing asset with an established tenancy in place.

Rooms

First Floor

Entrance Hallway
Entered via a uPVC double glazed frosted front door and complete with a radiator.

Living Room 2.76m x 4.65m
With a uPVC double glazed front window, radiator and a timber mantelpiece.

Kitchen 3.26m x 2.19m
With a range of wall and base units incorporating a cooker with a four-ring gas hob and extractor, basin with a mixer tap and space and plumbing for other white goods. Complete with partial tiling and a uPVC double glazed front window.

Bedroom 1 1.97m x 4.04m
With a uPVC double glazed rear window, radiator and the "Glow Worm" combination boiler.

Bedroom 2 2.07m x 3.34m
With a uPVC double glazed rear window and a radiator.

Bathroom
A three piece suite comprising of a bath with an over head shower, pedestal basin and a w.c. Complete with partial tiling and a radiator.

Tenure
We understand the property is held on a 125 year lease from 6th April 1988 with a ground rent of £10 per annum. All interested parties are advised to make their own enquiries.

Service Charge
We understand there is a service charge of £230.65 per annum including insurance (for year 2024/2025), which is managed by Scotts Property LLP. We understand from the vendor that there may be some additional costs for unexpected works. All interested parties are advised to make their own enquiries.

Parking
We are advised there is an allocated parking space in the car park to the rear of the property.

Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.

Services
We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.

Council Tax Band A
This information was obtained on the 28th October 2025 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
Mortgage Advice Bureau works with Jackson, Green & Preston Estate Agents to provide their clients with expert mortgage and protection advice. We have access to over 12,000 mortgages from 90+ lenders so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our customers have access to the latest deals available and receive a first-class service. We will take care of everything from explaining all of your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. Mortgage Advice Bureau (truncated)

Property information from this agent

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About this agent

Jackson Green and Preston Estate Agents and Property Management - Grimsby
Jackson Green and Preston Estate Agents and Property Management - Grimsby
19 West St. Mary's Gate Grimsby DN31 1LE
01472 467885
Full profileProperty listings
Founded in 1920, Jackson Green & Preston is Grimsby and Cleethorpes largest and best known local Estate Agency, with 100 years experience in the property market. In 2011, on the retirement of the Partners in Goudes Chartered Surveyors, we acquired their very successful Lettings and Management Department, reinforcing our position as one of Grimsby's premier Management Agents. In 2016, following the retirement of the principal of Bacons Property Management, we were again approached and offered the opportunity to further enhance our position as Grimsby’s leading lettings specialist by acquiring Bacons Property Management. We have two offices, both situated in Town centre locations, each having excellent window displays. Well laid out and smartly furnished, the offices have a warm and welcoming atmosphere, and our friendly staff are always on hand to offer assistance and advice.
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