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2 bedroom terraced house for sale
Welholme Road, Grimsby, N E Lincs, DN32
£92,500
Welholme Road, Grimsby, N E Lincs, DN32
£92,500
Price History
Initial price | £115,000 |
17/07/24 | £100,000 |
16/08/24 | £95,000 |
14/09/24 | £92,500 |
Price Change | -19.57% |
Description
This incredible investment opportunity in Grimsby offers two one-bedroom flats as a single property unit, with no forward chain and freehold interest in the building. The property, a large central mid-terrace, has undergone a complete reconfiguration to produce two separate flats, each with its own secure access, kitchen, bathroom, and reception room. The flats also have access to modern gas central heating and come with front and rear gardens, as well as a fitted external fire escape to the rear garden. The property's central location is a major advantage, with a wealth of amenities within walking distance, including the town center and Freshney Place shopping precinct. With separately metered utility supplies, fitted kitchens and bathrooms, and sizable rooms with high ceilings, this property has the potential to generate a combined income of circa £950-£1000 per calendar month, yielding around 9.40-10% dependent on purchase price. The property is available to view by appointment only and is being sold via a transparent online auction.