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Cromwell Road, Grimsby, Lincolnshire... 3 bed property for sale
Cromwell Road, Grimsby, Lincolnshire, DN31 2DW
£62,000
Cromwell Road, Grimsby, Lincolnshire, DN31 2DW
£62,000
Price History
Initial price | £73,000 |
21/08/25 | £66,000 |
09/09/25 | £62,000 |
Price Change | -15.07% |
Description
This terraced house has been converted into two separate flats, with the ground floor flat featuring one bedroom and the first floor flat featuring two bedrooms. With modernized market rents expected to be £1,050 per calendar month, the property is expected to generate an excellent annual income of £12,600. The property is held on 99-year leasehold titles from January 1, 1990, with ground rents payable of £50 per annum. The vendors previously took out an Absentee Landlord Indemnity Policy, making it an attractive investment opportunity for anyone looking to add to their portfolio. Viewings are highly recommended to appreciate the potential of this property.