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House For Sale £150,000
Commercial Road, Grantham, Lincolnshire, NG31


Description
CALLING ALL INVESTORS - This is an excellent opportunity to acquire a mid-terrace property located close to the centre of the popular market town of Grantham with excellent local amenities nearby.
This property is configured as a house in multiple occupation and currently has three separate en-suite letting rooms and there is potential to convert one of the ground floor reception rooms to a fourth bedroom.
Currently vacant and ready to go it must be viewed.
In the Agents opinion, when fully let, this could generate an income in the region of £13000 per annum which would produce a very reasonable investment return of circa 8.66% at the asking price.
The accommodation comprises living room (potential for fourth letting room), hallway, sitting room, smart fitted kitchen, utility and ground floor w.c. Basement storage room. On the first floor there are the three en-suite letting rooms and two separate w.c.'s.
The property has the benefit of extensive uPVC double glazing and gas fired central heating.
There is a garden to the rear.
AN EXCELLENT INVESTMENT OPPORTUNITY THAT IS NOT TO BE MISSED.


Follow the link for more information:
        
onthemarket.com

  
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