4 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Calling all investors
- Ground Floor & First Floor Flat
- Each Flat Has 2 Bedrooms
- Both Flats Extremely Well Presented
- Each Have Modern Kitchen & Bathroom
- Both Let On Assured Shorthold Tenancy Agreements
- Total Rental Income £12,900 PA Combined
- 8.9% Yield At Current Price
This is a period terrace property located in Abbey Drive East convenient for Grimsby town centre that has been converted to provide two self contained two bedroomed flats. Each flat is refurbished to an excellent standard, decorated throughout to a contemporary style and has excellent modern fitted kitchen and bathroom.
Each flat has the benefit of gas fired central heating and there is the benefit of double glazing throughout.
The flats are currently let on Assured Shorthold Tenancy Agreements and managed through Jackson, Green and Preston Estate Agents. The total combined annual rental is £12,900 which represents an investment yield of 8.9% at the current asking price.
This would be perfect for the seasoned investor as it is a readymade investment opportunity.
VIEWING A MUST.
Rooms
Ground Floor Flat
Ground Floor
Communal Entrance Hall
With radiator.
Living Room 4.08m x 3.91m
With radiator and uPVC double glazed window unit.
Bedroom 1
3.81m maximum into chimney recess x 3.42m maximum - With radiator and uPVC double glazed window unit.
Bedroom 2/Dining Room 2.77m x 2.46m
With laminate flooring, gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.
Kitchen 2.91m x 2.9m
Partially tiled and fitted with a smart range of wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, hob and extractor canopy. Plumbing for washing machine. uPVC double glazed window unit.
Inner Lobby
With radiator and rear entrance door.
Bathroom
Partially tiled and fitted with an attractive white three piece suite comprising panelled bath with mixer tap and shower attachment, tiled flooring, extractor, radiator and uPVC double glazed window unit.
First Floor Flat
Ground Floor
Entrance Porch
With stairs to first floor accommodation.
First Floor
Landing
With radiator.
Living Room 5.23m x 4.1m
With radiator, uPVC double glazed window unit and uPVC double glazed bay window.
Bedroom 1 3.8m x 3.43m
With radiator and uPVC double glazed window unit.
Bedroom 2 2.84m x 2.4m
With radiator and uPVC double glazed window unit.
Kitchen 3.4m x 2.62m
Partially tiled and fitted with a good selection of modern wall and base units incorporating a sink unit with drainer and mixer tap. Having electric oven, gas hob and extractor canopy. Radiator. uPVC double glazed window unit and uPVC double glazed entrance door.
Bathroom
With laminate flooring and fitted with an attractive white three piece suite comprising panelled bath with shower over, low-flush w.c. and a hand basin set in vanity unit. Gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.
Gardens
The property has gardens to front and rear. The front garden is designated for use by the ground floor flat and the rear garden is designated for use by the first floor flat.
Tenure
We understand the property will be sold as Freehold. There is currently a lease of the first floor flat which will also be conveyed in the sale. All interested parties are advised to make their own enquiries.
Council Tax Band A (Each Flat)
This information was obtained on the 22nd September 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Property information from this agent
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Broadband availability and predicted speed
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