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2 bedroom apartment for sale

Thorgam Court, Grimsby, Lincolnshire, DN31
Virtual tour
Cash buyers only
Apartment
2 beds
1 bath
430 sq ft / 40 sq m
EPC rating: D
Added > 14 days

Key information

TenureLeasehold | 46 yrs left
Ground rent£20 per annum | review period: unconfirmed
Service charge£240 per annum
Council taxBand A
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (46 years remaining)
  • Video viewing available
  • Calling All Landlord Investors
  • 2 Bedroomed 2nd Floor Apartment
  • Extremely Modernised Throughout
  • Sold Subject To Assured Shorthold Tenancy At £450 PCM
  • Impressive 13.5% Investment Yield
  • Sold With Short Lease
  • Cash buyers only
  • Viewing Essential
(WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH)
CALLING ALL LANDLORD INVESTORS!
This is a very smartly presented and recently refurbished two bedroomed second floor flat located in Thorgam Court in Grimsby.
It comprises spacious living room, modern fitted kitchen, two bedrooms and stylish white bathroom.
Benefitting from electric heating and uPVC double glazing along with off-road parking.
Currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £450 per calendar month this represents an excellent 13.5% investment return at the advertised price.
This property is currently Leasehold for a term of 99 years (less 10 days) from 1st February 1972 and therefore would not be mortgageable subject to the current lease and therefore would only appeal to cash buyers.

Rooms

Ground Floor

Entrance Hall
With stairs to second floor.

Second Floor

Living Room 5.05m x 3.04m
With electric heater. uPVC double glazed window unit.

Kitchen 2.98m x 2.31m
Fitted with a good selection of modern 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.

Bedroom 1 4.03m x 3.04m
With uPVC double glazed window unit.

Bedroom 2 3.04m x 2.35m
With uPVC double glazed window unit.

Bathroom
Fitted with an attractive white three piece suite comprising panelled bath (bath with shower over), pedestal basin and low-flush w.c. Airing cupboard containing the hot water cylinder.

Parking
There is allocated car parking for the use of this flat.

NOTE
Please note the photographs used were taken prior to the current tenancy.

Tenure
The property is currently subject to a 99 year lease (less 10 days) from 1st February 1972 with a ground rent of £20 per annum. Note this property would not be suitable for mortgage purpose with the current lease length, however the vendor of this property would have the right to a statutory 90 year lease extension for the payment of an additional premium. All interested parties are advised to make their own enquiries.

Service Charge
We understand from the vendor that a service charge is payable of £240 per annum. All interested parties are advised to make their own enquiries.

Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.

Council Tax Band A
This information was obtained on the 26th February 2024 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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About this agent

Jackson Green and Preston Estate Agents and Property Management - Grimsby
Jackson Green and Preston Estate Agents and Property Management - Grimsby
19 West St. Mary's Gate Grimsby DN31 1LE
01472 467885
Full profileProperty listings
Founded in 1920, Jackson Green & Preston is Grimsby and Cleethorpes largest and best known local Estate Agency, with 100 years experience in the property market. In 2011, on the retirement of the Partners in Goudes Chartered Surveyors, we acquired their very successful Lettings and Management Department, reinforcing our position as one of Grimsby's premier Management Agents. In 2016, following the retirement of the principal of Bacons Property Management, we were again approached and offered the opportunity to further enhance our position as Grimsby’s leading lettings specialist by acquiring Bacons Property Management. We have two offices, both situated in Town centre locations, each having excellent window displays. Well laid out and smartly furnished, the offices have a warm and welcoming atmosphere, and our friendly staff are always on hand to offer assistance and advice.
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