5 bedroom commercial property for saleLadysmith Road, GRIMSBY
- 5 bedrooms
- Commercial house
A superb investment opportunity to purchase a ground floor flat and two, two bedroomed houses, in this favourable letting area, on Ladysmith Road.
All three properties are well presented, being decorated in neutral shades and featuring modern kitchen units and uPVC double glazing, with flat 84a and one of the two bedroomed houses (86) having gas central heating and a garden with off-road parking.
84 comprises hall, living room and kitchen to the ground floor with 2 bedrooms and bathroom to the first floor.
Ground floor flat 84a comprises living room, kitchen, bedroom and bathroom to the ground floor, garden and off-road parking.
86 comprises hall, living room and kitchen to the ground floor with 2 bedrooms and bathroom to the first floor, garden and off-road parking.
The properties are currently let on Assured Shorthold tenancies with a combined rental income of £1,080pcm (£12,960pa), equating to an 8.64% yield on the asking price.
Whilst the property is being advertised for sale as a portfolio, the properties are also for sale individually, GFF 84a at £36,950, 84 at £49,950 and 86 at £54,950.
A SUPERB INVESTMENT OPPORTUNITY
2 Bedroomed House - No.84:
A two-bedroomed house benefiting from uPVC double glazing and electric wall-mounted heaters.
With uPVC entrance door.
3.5m (11ft 6in) x 2.75m (9ft 0in)
With a modern wall-mounted electric heater, uPVC double glazed window and fashionable laminate flooring. Opens onto.....
3.74m (12ft 3in) maximum x 2.51m (8ft 3in) maximum
Having a good range of modern light beech-effect wall and base units, incorporating a stainless steel sink, plumbing for a washing machine and an electric point for cooker. With partially tiled walls, electric wall-mounted heater, uPVC double glazed window and fashionable laminate flooring.
3.81m (12ft 6in) maximum into chimney recess x 3.5m (11ft 6in)
With a uPVC double glazed window and a wall-mounted electric heater.
3.74m (12ft 3in) x 1.79m (5ft 10in)
With a uPVC double glazed window, wall-mounted electric heater and coving to ceiling.
Fitted with a three-piece white suite comprising panelled bath, low-flush w.c. and a pedestal basin. With partially tiled walls, uPVC double glazed window and an extractor.
EPC For - No.84
Ground Floor Flat - No.84A:
A one-bedroomed, self-contained ground floor flat benefiting from uPVC double glazing and gas central heating.
With a good range of modern white wall and base units, incorporating a stainless steel sink, plumbing for washing machine and a gas point for cooker. Partially tiled walls, uPVC double glazed window and entrance door. Opens onto.....
4.17m (13ft 8in) maximum x 2.94m (9ft 8in)
With front and side facing uPVC double glazed windows, a radiator and laminate flooring.
3.58m (11ft 9in) maximum x 3.69m (12ft 1in) maximum
With a uPVC double glazed window and a radiator.
Having a three-piece coloured suite comprising panelled bath, low-flush w.c. and a pedestal basin. Partially tiled walls, uPVC double glazed window, a radiator and also housing the combination boiler.
Having a garden to the rear, with secure off-road parking via a private access road off Ropery Street.
EPC For GFF - No.84A
2 Bedroomed House - No.86:
A two-bedroomed house over two floors, benefiting from gas central heating and uPVC double glazing.
With uPVC front entrance door.
5.21m (17ft 1in) maximum x 3.56m (11ft 8in)
With front and rear facing uPVC double glazed windows, laminate flooring and a radiator.
2.88m (9ft 5in) x 2.51m (8ft 3in)
Having an excellent range of modern light beech-effect wall and base units incorporating a stainless steel sink, integrated gas oven, hob and extractor and plumbing for a washing machine. With partially tiled walls, a radiator, uPVC double glazed window and a rear entrance door.
3.43m (11ft 3in) maximum x 3.61m (11ft 10in) maximum
With a uPVC double glazed window and a radiator.
3.61m (11ft 10in) maximum x 3.56m (11ft 8in) maximum
uPVC double glazed window, a radiator and a handy built-in cupboard.
Fitted with a three-piece white suite, comprising panelled bath, low-flush w.c. and a pedestal basin. Partially tiled walls, uPVC double glazed window and a radiator. Also housing the "Ferroli" combination boiler.
Partially laid to lawn, with secure, concrete off-road parking accessed via Ropery Street.
EPC For - No.86
All three properties are currently (late September 2013) let on six month Assured Shorthold Tenancies.
84 is let at £390pcm
84a is let at £325pcm
86 is let at £365pcm
We understand from the letting Agent that number 86 is a long term tenant of the Landlord and are currently paying lower than the market rent. We understand that market rent for 86 is estimated to be £425pcm.
On the current tenancies there is a combined rental income of £1,080pcm (£12,960pa).
We understand the purchaser will be buying 3 Freehold properties - The Vendor informs us that they will dissolve the existing Ground Lease on no.86.
Council Tax Band For Flats - A:
This information was obtained on the 3rd October 2013 and is for guidance purposes only. All interested parties are advised to make their own enquiries.
Strictly by appointment with the Agents. Telephone 01472 311113 to arrange.
Are you a Landlord tired of dealing with your tenants? .Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail (email@example.com) for some informal advice. Further information is also available on our website at www.jacksongreenpreston.co.uk/info_landlords.php
Property To Sell:
Do you have a property to sell? For professional valuation advice, contact our Grimsby Office (01472 311120).
One of our experienced valuers will be happy to provide a free marketing appraisal of your property.
Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors.
To discuss your survey needs, please contact our Survey Department on 01472 311120.
Sources of Useful Information:
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Are you aware of the advantages of the Government backed HELP TO BUY Mortgage Scheme. If you have any questions on the HELP TO BUY Scheme or require any mortgage assistance, we are pleased to be able to introduce all our clients to a local Mortgage Broker, with a well deserved local reputation for offering expert, impartial advice.
Please contact our office for further details on 01472 311113.
Any floor plan provided is for guidance purposes only. It is not to scale and should not be taken as accurately reflecting all the property's features.
Measurements are approximate and should not be relied upon.
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 30061893. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson Green & Preston, Grimsby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com
Map data ©OpenStreetMap contributors.