Cromwell Road, Grimsby DN31 1 bed flat for sale

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Cromwell Road, Grimsby DN31 1 bed flat for sale

Cromwell Road, Grimsby DN31
£53,500

Price History

Initial price £58,000
27/05/25 £53,000
04/06/25 £50,000
13/06/25 £108,000
17/06/25 £106,000
14/08/25 £102,000
13/09/25 £53,500
Price Change -7.76%

Description

This 1-bedroom flat in Grimsby offers 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 produces an annual gross income of £5,640, which has the potential to increase to £6,600 with a market rate rent. The property already has long-term tenants in situ, who have consistently paid their rent and have no plans to move out. With its proximity to amenities and potential for increased rental returns, this property is an attractive addition to any investor's portfolio.