Situated on Tasburgh Street in Grimsby, this spacious mid-terrace property is offered for sale with a long-standing tenant in situ, making it an ideal opportunity for investors seeking an income-generating asset from day one.
The property is currently let at £600 PCM (£7,200 per annum), providing a gross yield of approximately 10.3% based on a guide price of £69,950.
Key Features:
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Tenant in situ – immediate income
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Approx. 10.3% gross yield
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Three-bedroom property
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Two reception rooms
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Ground floor bathroom & first floor WC
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Scope to add value through cosmetic improvement
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Ideal for buy-to-let investors
Property Overview:
The accommodation is well-proportioned and arranged over two floors, briefly comprising:
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Ground Floor: Entrance hallway, bay-fronted lounge, separate dining room, fitted kitchen and family bathroom to the rear
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First Floor: Three bedrooms and an additional WC
The property has been maintained for tenancy purposes and presents a functional rental standard, with scope for cosmetic improvements to further enhance presentation and potentially increase rental value over time.
Yield figures are provided as a guide only. Prospective purchasers should carry out their own due diligence
Additional Information:
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Council Tax Band: A
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EPC Rating: D