3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Park Street, Grimsby, Lincolnshire DN32
£109,995

Price History

Initial price £119,995
05/11/24 £109,995
Price Change -8.33%

Description

This unique terraced house for sale offers a fantastic investment opportunity, with two separate flats already tenanted and generating instant rental income. The property boasts three bedrooms, two kitchens, two bathrooms, and three reception rooms, providing ample living space and versatility. The current tenants pay £500 per calendar month, resulting in a gross yield of 10.0%. The property is in good condition, with a low maintenance communal rear garden, and falls under council tax band A. With the tenants in situ, this is a ready-made investment for those looking to expand their portfolio. The property offers a rare opportunity to acquire a high-yielding, tenant-occupied property in a popular location, making it a worthwhile venture for discerning investors.