Torrington Street, Grimsby, DN32

1 bedroom Flat in Grimsby

For Sale
Offers Over £53,000
Current Yield 8.4 %
Potential Yield 10.1 %
Property Reference: 217082706
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 47 sq m

Property Features

Property Features

  • 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)

Property Information

Full Details

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.

Helpful Information

Property Reference: 217082706

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £425
  • Potential Rent pcm: £515
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: Moved in within the last 2 years
  • Tenants means of funding: Employment
Property Reference: 217082706
Property Reference: 217082706

Property Location

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Request DetailsTorrington Street, Grimsby, DN32

Offers Over £53,000

Make an offer
Torrington Street, Grimsby, DN32

Listing Price

Offers Over £53,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.