No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

Front Elevation
Kitchen
Bathroom

2 bedroom terraced house

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Terraced house
2 bed
1 bath
EPC rating: D*
764 sq ft / 71 sq m

Key information

Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Freehold
  • Ideal ready made investment opportunity
  • No forward chain
  • Close to town centre and amenities
  • 2 double bedrooms
  • Low maintenance rear garden
  • Off road parking to the rear of the property
  • EPC rating D
  • Council tax Band A
Welcome to this fantastic opportunity to invest in a well-maintained 2-bedroom mid-terrace house, currently occupied by long-term tenants who are paying £416 per month. With a gross yield of 9.08%, this property represents a solid and lucrative investment in the heart of Grimsby, DN31

The property has been meticulously cared for, ensuring a hassle-free ownership experience for the next fortunate investor. From its attractive curb appeal to the rear of the property to the interior finishing, every detail reflects the pride of ownership and tenant satisfaction.

The 2-bedroom layout provides ample space for families or individuals alike, offering a comfortable and versatile living arrangement. The property's neutral decor appeals to a broad range of tenants, making it an attractive option in the rental market.

One of the key highlights of this investment opportunity is the presence of reliable long-term tenants. With a consistent rental income of £416 per month, you can enjoy the peace of mind that comes with a stable and secure financial return. The property's gross yield of 9.08% is a testament to its financial viability and potential for long-term growth.

Situated in a sought-after area of Armstrong Street, DN31 this property benefits from its proximity to local amenities, schools, and transportation options. The convenience and appeal of the neighborhood further enhance its desirability for both current and future tenants.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: 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 traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

GRI240117/2

Rooms

Location
Armstong Street is located just off Lord street and is approximately 500m from Grimsby Town centre, making it extremely convenient for all the facilities such as shops, restaurants, public houses and transport links. It is also only a short distance to the A180 motorway, making it ideal for commuters. Macaulay primary academy is only 200m away and provides schooling at KS1 and KS2.

Main Accommodation

Entrance Hall

Living Room 3.18m x 3.1m (10' 5" x 10' 2")

Dining Room 3.58m x 3.23m (11' 9" x 10' 7")

Kitchen 2.36m x 3.76m (7' 9" x 12' 4")

First Floor Landing

Bedroom 1 3.18m x 4.11m (10' 5" x 13' 6")

Bedroom 2 2.54m x 3.7m (8' 4" x 12' 2")

Bathroom 3.86m x 4.11m (12' 8" x 13' 6")

Rear Garden

Property information from this agent

Places of interest

    Reeds Rains has over 100 branches across the UK. Established in 1868 Reeds Rains has over 150 years of sales and lettings expertise. The network of local high street branches pride themselves on their professionalism and their no nonsense approach to selling and letting property. Using the best traditional and online methods Reeds Rains focusses on getting the job done.

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    *DISCLAIMER

    Property reference GRI240117. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains - Grimsby.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on May 9, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on May 9, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on December 3, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.