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3 bedroom terraced house for sale

Commercial Road, Grantham

£120,000

Property Description

Key features

  • Established Mid Terraced Investment
  • THREE SELF CONTAINED FLATS
  • Yield of Over 12.3% per annum
  • 14,820 Income
  • Ideally Located for Town & Transport Links
  • Well Presented Accommodation
  • High Demand from Tenants
  • No Onward Chain
  • EPC Ratings - 77a F, 77b - F, 77c - E

Full description

An Investment opportunity that can generate a 12.3% yield per annum, which is £14,820 per year. Fully tenanted before completion. Presented to a good standard and always in demand from tenants are these three self contained flats, each with living area, kitchen and bathroom and further communal area. Fire doors, fire and smoke alarms, fire blankets and emergency lighting fitted. Tenants pay own bills excluding council tax and water rates. Carpeted or tiled throughout. Close to town and rail links.



A part double glazed entrance door leads to:

Communal Area -

Ground Floor Flat -

Living Area / Bedroom -

Kitchen -

Shower Room -

Vestibule -

First Floor Flat -

Living Area / Bedroom -

Kitchen -

Bathroom -

Second Floor Flat -

Living Area / Bedroom -

Kitchen -

Bathroom -

Outside - There is a courtyard garden at the rear.

Services - There is mains electricity, water and drainage.

Energy Performance Ratings - The energy efficiency ratings for the flats are as follows:

Flat A = Rating F
Flat B = Rating F
Flat C = Rating E

Council Tax - The flats are all in Council Tax Band A. Yearly figures for each flat - 2016/2017 - £991.63

Directions - From High Street head south turning right on to Wharf Road and left on to Commercial Road itself.

Grantham - The properties are within a short walk to the town centre and railway station. Grantham is approximately 26 miles south of Lincoln and 24 miles east of Nottingham. With its central UK location it is conveniently placed close to the A1 north-south and has main line station offering easy access to London Kings Cross. The town also has excellent schooling, several supermarkets and a Saturday street market.

Agent's Note - Please note these are draft particulars awaiting final approval from the vendor, therefore the contents within may be subject to change and must not be relied upon as an entirely accurate description of the property.


Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract. All services and appliances have not and will not be tested.


More information from this agent

Listing History

Added on Rightmove:
21 November 2016

Map & Street View

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