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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£55,000
3 bedroom Mid Terrace House for sale, Weelsby Street, Grimsby, Lincolnshire, DN32
Features and Description
- Three-bedroom terraced house
- Two reception rooms
- Spacious bedrooms
- Investment opportunity
- Potential rental income
- Gross yield of 12.5%
- No onward chain
- Customisable renovation project
- EPC rating D
- Council tax band A
Presenting a three-bedroom terraced house for sale, brimming with potential. This property could be a fantastic opportunity for those looking to make their mark on a home. Currently, the property is in need of renovation, thus offering the perfect blank canvas for future homeowners to customise to their tastes.
The layout of the house includes two reception rooms, providing ample space for family gatherings or entertaining guests. There is also one kitchen, which awaits your personal touch to become the heart of the home. The property offers three spacious bedrooms and one bathroom, all anticipating your creative ideas to transform them into comfortable and personalised spaces.
This property is not only a perfect project for homeowners but also a great investment opportunity, with potential rental income of £575 per calendar month to be achieved once renovation works are completed. It offers a gross yield of 12.5%, making it an attractive prospect for investors.
In terms of energy performance, the house has an EPC rating of D. This rating indicates that there is room for improvement, presenting another opportunity for enhancing the property's value and comfort. The property falls within council tax band A, thereby offering affordable local taxation.
Lastly, this property is offered with no onward chain, facilitating a potentially smoother and quicker transaction. Don't miss this chance to take on a project that could become an excellent investment or your ideal home.
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.
Weelsby Street, Grimsby, Lincolnshire, DN32
Additional Information
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Property refGRI240662
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EPCD
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TenureFreehold
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Council TaxA
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Local authorityNorth East Lincolnshire County Council
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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
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Borrowing £49,500 and repaying over 25 years with a 2.5% interest rate.
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Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
67Potential
89CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs