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Oxford Street, Lincolnshire DN32 1 bed apartment for sale
Oxford Street, Grimsby, Lincolnshire DN32
£25,000
Oxford Street, Grimsby, Lincolnshire DN32
£25,000
Price History
Initial price | £35,000 |
01/03/25 | £30,000 |
18/04/25 | £25,000 |
Price Change | -28.57% |
Description
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Here is a summary of the property description in a single paragraph without a list:
This one-bedroom flat is a unique opportunity for renovation enthusiasts to transform a blank canvas into a modern home. With a generous floor plan, the property features one bedroom, one bathroom, a reception room, and a kitchen, all set on the ground floor with a communal rear garden. Although in need of updating, the property has immense potential to generate a rental income of £450 per month, offering a gross yield of 21.6%. With 63 years remaining on the lease, ample time is available for the property to appreciate in value and provide a return on investment. The property is available for immediate purchase with no onward chain, allowing for a swift and straightforward transaction.