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House For Sale £160,000
Cambridge Street, Grantham NG31


Description
***Investment Opportunity***

This three storey five bedroom HMO is currently let producing an approximate annual return of £23,760 making this a ready made business for those wishing to invest. The property boasts five individually let rooms spread across three floors along with a communal kitchen and three piece shower room. For further information or to arrange an internal inspection contact our high street sales team today.

EPC rating: E. Council tax band: X, Tenure: Freehold

Accommodation

Communal Entrance Hall

With uPVC entrance door, doors to Bedroom 1 and 2, stairs rising to the first floor landing and open access through to the kitchen via a utility area.

Kitchen

Having uPVC double glazed window to the side aspect, a range of eye and base level units with roll edge work surfaces, inset stainless steel one and a half bowl sink and drainer with tiled splashbacks, space for a free-standing oven, space for fridge freezer, sliding door opening to: (2.72m x 1.89m)

Rear Lobby

With uPVC door to the garden, a fitted storage cupboard and door to:

Shower Room

Having an obscure uPVC double glazed window to the side aspect, a 3-piece suite comprising fully tiled corner shower cubicle with glazed doors and tiled splashbacks, close coupled WC and pedestal wash handbasin, radiator and extractor fan. (2.05m x 1.87m)

Bedroom 1

Having uPVC double glazed window to the front aspect and radiator. (2.52m into recess x 3.51m (8'3" into recess x 11'6"))

Bedroom 2

Having uPVC double glazed window to the rear aspect, radiator and storage cupboard beneath the stairs. (3.45m x 1.56 minimum extending to 2.59m (11'3" x 5'1" extending to 8'5"))

First Floor Landing

With stairs rising to the fifth bedroom on the second floor and doors to:

Bedroom 3

With uPVC double glazed window to the front aspect, radiator and fitted storage cupboard beneath the stairs. (3.48m x 3.48m maximum (11'5" x 11'5" maximum))

Bedroom 4

With uPVC double glazed window to the rear aspect and radiator. (3.48m x 2.48m into chimney recess (9'1" x 11'5"))

Second Floor

Bedroom 5

With uPVC Velux style skylight double glazed window to the rear aspect, radiator and door to: (3.46m x 3.83m (11'4" x 12'6" into storage area))

En Suite Shower Room

With mermaid style panelled splashbacks throughout, extractor fan and a 3-piece suite comprising corner shower cubicle, pedestal wash handbasin and close coupled WC.

Outside

The property is tucked away behind a low level wall with a small front garden ideal for bin storage etc. At the rear is an enclosed low maintenance courtyard style garden with gated access to the rear.

Note

The property is being sold as an investment with tenants in situ.

Services

Mains water, gas, electricity and drainage are connected.

Council Tax

The property is in Council Tax Band A. Annual charges for 2022/2023 - £1,282.50

Directions

From High Street proceed south over the traffic lights adjacent to the Sir Isaac Newton statue and take the left turn on to Cambridge Street.

Grantham

The property is situated within easy walking distance of the town centre with all its amenities and the railway station. Travel connections in the area are excellent - the A1 passes to the west of the town providing access to major commuter areas and the A52 crosses through taking you east to Boston and west to Nottingham. Grantham station is on the East Coast mainline giving direct services to London Kings Cross with a journey time from around 70 minutes, Newark in 10 mins and Peterborough in 20 mins. Cross country service to Nottingham in just 30 mins. Grantham has successful Community, Special and Independent schools for children of all ages as well as the town’s two grammar schools: Kesteven and Grantham Girls School and the King’s Grammar School.

Agent's Note

Please note these are draft particulars awaiting final approval from the vendor, therefore the contents within may be subject to change and must not be relied upon as an entirely accurate description of the property. Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract. Some measurements are overall, not maximum measurements. All services and appliances have not and will not be tested.

Follow the link for more information:
        
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