House For Sale £60,000
- Prime Property Auctions New Entry. Large 3 bedroom, terraced property, sold with tenant in situ. Currently rented at £544 per calendar month.
- *** 7, Tunnard Street, Grimsby, North East Lincolnshire DN32 7LS sold for £74,000 July 2022,184 Park Street, Grimsby, DN32 7NS sold for £115,000 June 2020. ***
- Fantastic Buy to Let opportunity. Property is sold with tenant in situ, currently providing a monthly rental of £544, producing a gross annual income of £6,528.
- Property is sure to appeal to investors, looking for an attractive yield of 10.8% if purchased for Guide Price of £60,000.
- Located in a popular residential area with easy access to local shops and school.
Prime Property Auctions New Entry. Large 3 bedroom, terraced property, sold with tenant in situ. Currently rented at £544 per calendar month. Property comprises: Lounge, dining room, kitchen, family bathroom and three good-size bedrooms. The Property is currently tenanted at £544 per calendar month, with market rent being £550 - £600.
Excellent High Yielding Investment opportunity. Property currently produces a gross annual yield of 10.8% if achieved for Guide price of £60,000. Should the rent be increased to market rates it would provide a gross yield of 11%- 12%.
Sure to appeal to investors looking easy rental, offered at a discount to ensure auction sale. Property currently produces an annual gross income of £6,528.
Sales Evidence:
*** 7, Tunnard Street, Grimsby, North East Lincolnshire DN32 7LS sold for £74,000 July 2022,184 Park Street, Grimsby, DN32 7NS sold for £115,000 June 2020. ***
Benefits include, double glazing, gas central heating and large garden.
Property is available for immediate purchase. You can make an offer through our “make an offer” button. For further details please do not hesitate to contact the team.
The property is scheduled for our upcoming timed online auction. In order to participate you are required to have a live bidding account. Be sure to register prior to the date of the auction.
Location:
This mid terrace property located near to Grimsby town centre. Nearby there are a wide variety of local amenities and schools as well as bus and excellent road links.
Grimsby is a port town and the administrative centre of North East Lincolnshire, Lincolnshire, England. Grimsby adjoins the town of Cleethorpes directly to the south-east forming a conurbation. Grimsby is 45 mi (72 km) north-east of Lincoln, 33 mi (53 km) (via the Humber Bridge) south-south-east of Hull, 28 mi (45 km) south-east of Scunthorpe, 50 mi (80 km) east of Doncaster and 80 mi (130 km) south-east of Leeds. Grimsby is also home to notable landmarks such as Grimsby Minster, Port of Grimsby, Cleethorpes Beach and Grimsby Fishing Heritage Museum.
