Hainton Avenue, Grimsby... 1 bed house for sale

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Hainton Avenue, Grimsby... 1 bed house for sale

Hainton Avenue, Grimsby, Lincolnshire, DN32
£249,995

Price History

Initial price £275,000
31/05/24 £249,995
Price Change -9.09%

Description

Jackson Green & Preston presents an investment opportunity in Grimsby, offering 8 self-contained flats converted from three former terraced houses on Hainton Avenue. The property comprises six one-bedroom and two two-bedroom flats, with five currently let and generating an annual income of £17,812, yielding 6.47% at the asking price. The remaining three units are unoccupied, but with refurbishment and full letting, the potential rental income could reach £23,400, representing an attractive 8.5% return on investment. The property features a small front garden and parking at the rear, making it an attractive proposition for landlord investors.