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.
1/15
£109,995
3 bedroom Mid Terrace House for sale, Park Street, Grimsby, Lincolnshire, DN32
Features and Description
- Three well-proportioned bedrooms
- Two kitchens
- Two bathrooms
- Three reception rooms
- Currently two separate flats
- Instant rental income
- Gross yield of 10.9%
- Low maintenance rear garden
- Council tax band A
- Tenants in situ
Presenting a unique investment opportunity with this terraced house for sale. This property comprises of three bedrooms, two kitchens, two bathrooms, and three reception rooms. The house is currently configured into two separate flats, each in good condition and already tenanted, offering instant rental income for the prospective buyer.
The property is in a good general condition and offers a fantastic return on investment with the current tenants paying £500 each per calendar month. This equates to a gross yield of 10.9%, making it a worthwhile venture for the discerning investor.
Each of the three well-proportioned bedrooms provide comfortable living space, and the inclusion of two kitchens and two bathrooms across the property ensures ample facilities for all residents. The three reception rooms further enhance the versatility of this property, offering potential for various uses such as additional bedrooms or home office spaces.
One of the many benefits of this property is the low maintenance communal rear garden, a desirable feature for tenants and a bonus for landlords. The property falls under council tax band A, further contributing to its investment appeal.
Please note, this house is being sold with the tenants in situ, making it a ready-made investment for those looking to expand their portfolio. This is a rare opportunity to acquire a high-yielding, tenant-occupied property in a popular location. Don't miss out on this fantastic investment opportunity. Contact us today to arrange a viewing.
Living Room
16'0" x 12'5" (4.88m x 3.78m)
Dining Room
12'5" x 10'12" (3.78m x 3.35m)
Kitchen
11'2" x 10'3" (3.40m x 3.12m)
Bathroom
5'8" x 7'11" (1.73m x 2.41m)
Living Room
13'4" x 16'3" (4.06m x 4.95m)
Kitchen
10'8" x 7'9" (3.25m x 2.36m)
Bedroom 1
10'3" x 12'9" (3.12m x 3.89m)
Bedroom 2
10'8" x 7'9" (3.25m x 2.36m)
Bathroom
6'5" x 6'12" (1.96m x 2.13m)
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Park Street, Grimsby, Lincolnshire, DN32
Additional Information
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Property refGRI240579
-
EPCC
-
TenureFreehold
-
Council TaxA
-
Local authorityNorth East Lincolnshire County Council
Do you have a property you need to sell?
Reeds Rains Estate Agents Grimsby
Reeds Rains Grimsby
6 Bethlehem Street, Grimsby, DN31 1JU
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
Mortgage Calculator
Monthly payment
£
Borrowing £98,996 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
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Nearby locations
Photos
Map view
Street view
Living Room
16'0" x 12'5" (4.88m x 3.78m)
Dining Room
12'5" x 10'12" (3.78m x 3.35m)
Kitchen
11'2" x 10'3" (3.40m x 3.12m)
Bathroom
5'8" x 7'11" (1.73m x 2.41m)
Bedroom 1
10'3" x 12'9" (3.12m x 3.89m)
Communal Gardens
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
69Potential
78CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs