4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Abbey Drive East, Grimsby, Lincolnshire, DN32
£139,950

Price History

Initial price £145,000
30/11/23 £139,950
Price Change -3.48%

Description

This investment opportunity is a period terrace property converted into two self-contained two bedroom flats in Abbey Drive East, conveniently located for Grimsby town centre. The flats have been refurbished to a high standard, featuring modern fitted kitchens and bathrooms, gas central heating, and double glazing throughout. The flats are currently let on Assured Shorthold Tenancy Agreements and managed by the estate agents, generating a total combined annual rental income of £12,900, which represents an investment yield of 8.9% at the current asking price. This is a readymade investment opportunity perfect for seasoned investors.