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Cromwell Road, Grimsby DN31 1 bed flat for sale
Cromwell Road, Grimsby DN31
£50,000
Cromwell Road, Grimsby DN31
£50,000
Price History
Initial price | £58,000 |
27/05/25 | £53,000 |
04/06/25 | £50,000 |
Price Change | -13.79% |
Description
This 1-bedroom flat in Grimsby is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a comfortable layout with 1 bedroom, lounge, kitchen, and bathroom. Currently, it generates an annual gross income of £5,400, which has the potential to increase to £6,600 with a new owner. The current tenants, who have been in the property for several years, are long-term and committed to staying, providing a stable rental income stream. With a purchase price that offers a worthwhile return, this property is an attractive addition to any investor's portfolio.