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Cromwell Road, Grimsby, Lincolnshire... 3 bed property for sale
Cromwell Road, Grimsby, Lincolnshire, DN31 2DW
£55,000
Cromwell Road, Grimsby, Lincolnshire, DN31 2DW
£55,000
Price History
Initial price | £73,000 |
21/08/25 | £66,000 |
09/09/25 | £62,000 |
06/10/25 | £55,000 |
Price Change | -24.66% |
Description
This converted terraced house offers two separate flats, one on the ground floor with one bedroom and the other on the first floor with two bedrooms. The property is expected to generate a substantial income, with each flat anticipated to rent for £1,050 per calendar month, resulting in a total annual income of £12,600. The property is held on 99-year leasehold titles from 1990, with ground rents payable of £50 per annum. The vendors have previously taken out an Absentee Landlord Indemnity Policy, making it an attractive investment opportunity for anyone looking to add to their portfolio. Viewings are highly recommended.