Main image of 8 bedroom Detached House for sale, Abbey Park Road, Grimsby, Lincolnshire, DN32
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£450,000 Guide price

8 bedroom Detached House for sale,
Abbey Park Road, Grimsby, Lincolnshire, DN32

Kelly Helgeson-Roper Branch Manager
Kelly Helgeson-Roper
Branch Manager
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Features and Description

  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction
  • Detached house
  • Eight spacious bedrooms
  • Six comfortable bathrooms
  • Six fully-equipped kitchens
  • Seven reception rooms
  • High annual income
  • One vacant apartment
  • Gross yield 8.3%
  • Up-to-date safety standards
  • Lucrative investment opportunity

We are pleased to present this magnificent detached house for sale, an ideal opportunity for serious investors and developers. This property is currently partitioned into several apartments, making it a thriving source of income with potential for further growth.

The house is composed of eight spacious bedrooms, six comfortable bathrooms, six fully-equipped kitchens, and seven reception rooms, making it a versatile space that can cater to various tenants' needs.

Currently, five of the apartments are occupied, bringing in an impressive annual income of £30,580. These include four apartments with one bedroom each, and two flats with two bedrooms each. All properties are well-maintained and have up-to-date EPCs, which can be provided upon request.

One apartment remains vacant, providing an immediate opportunity for additional revenue. Once occupied, it is projected to bring in an additional £550 per month, pushing the annual income to an estimated £37,560.

Abbey Park Road, Grimsby, Lincolnshire, DN32

Additional Information

  • Property ref
    GRI240437
  • Tenure
    Freehold
  • Council Tax
    A
  • Local authority
    North East Lincolnshire County Council
Kelly Helgeson-Roper Branch Manager
Kelly Helgeson-Roper
Branch Manager

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Reeds Rains Estate Agents Grimsby

Grimsby Branch Manager
Reeds Rains Grimsby
6 Bethlehem Street, Grimsby, DN31 1JU
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
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From 1 April 2025

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A