Princes Avenue, Grimsby, Lincolnshire, DN31
- PROPERTY TYPE
Apartment
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- VIDEO VIEWING AVAILABLE
- CALLING ALL INVESTORS!
- 3 Self Contained Flats All Let On Assured Shorthold Tenancy Agreements
- Current Passing Rent - £12,240 Per Annum
- Potential For Increase In Rent
- Current Investment Yield Of 8.16%
- Must Be Viewed
Description
Jackson, Green and Preston are delighted to offer to the market 7 Princes Avenue in Grimsby which is a spacious mid-terrace town house that has been converted to provide three self contained flats.
Each flat is currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £340 per calendar month which equates to an annual rental income of £12,240, representing a current investment yield of circa 8.16%.
In the Agents opinion, there is potential for a further increase in the rental value which would make this an even more attractive investment opportunity.
Each of the flats have their own separate access, double glazing and independent electric heating systems. We understand the owners have all the current required certification for letting and this would therefore be a straight forward transfer of landlord.
Flat 1
Ground Floor
Entrance Hall
Living Room
4.29m x 4.16m
With laminate flooring, coving, picture rail, useful under stairs storage cupboard, electric heater and uPVC double glazed bay window.
Bedroom 1
3.91m x 3.67m
With electric storage heater, laminate flooring, coving, picture rail and uPVC double glazed window unit.
Kitchen
3.55m x 2.63m
Partially tiled and fitted with a selection of wall and base units incorporating a sink unit with drainer and mixer tap and having plumbing for washing machine. uPVC double glazed entrance door and side screen.
Shower Room
With partially panelled walls and having shower cubicle with glazed door and shower, low-flush w.c. and a hand basin. uPVC double glazed window unit.
Flat 2
Ground Floor
Entrance Hall
With stairs to first floor accommodation.
First Floor
Landing
With picture rail.
Living Room
4.3m x 3.62m
With picture rail, electric heater and uPVC double glazed window unit.
Bedroom
3.91m x 3.68m
With electric heater and uPVC double glazed window unit.
Kitchen
4.34m x 1.86m
With selection of wall and base units incorporating a sink unit drainer and mixer tap and having electric oven and hob. Breakfast bar. Plumbing for washing machine. uPVC double glazed window unit.
Bathroom
Fitted with a white three piece suite comprising panelled bath with shower over, pedestal basin and low-flush w.c. uPVC double glazed window unit. Hot water cylinder.
Flat 3
Flat 3 is accessed via the rear of the property and is a duplex apartment.
Ground Floor
Entrance Hall
With stairs to first floor accommodation. uPVC double glazed leaded window unit.
Kitchen
2.87m x 2.61m
Partially tiled and fitted with a selection of wall and base units incorporating a sink unit with drainer and having electric point for cooker and plumbing for a washing machine. Two uPVC double glazed window units.
Inner Lobby
With useful under stairs storage cupboard containing the hot water cylinder.
Shower Room
With tiled floor and fitted with a low-flush w.c., pedestal basin and a shower cubicle with glazed door and shower. Extractor. uPVC double glazed window unit.
First Floor
Living Room
4.56m x 2.62m
With two electric storage heaters. Two uPVC double glazed window units.
Bedroom
3.55m x 2.68m
With electric storage heater. uPVC double glazed window unit.
Driveway
There is a driveway providing off-road parking for a number of vehicles.
Gardens
There is gardens to the front and the driveway to the rear.
NOTE
This property is privately managed by the current owner and we understand that all statutory requirements in respect of letting have been complied with. We recommend purchasers satisfy themselves prior to entering a contract of purchase.
Council Tax Band A (Each Flat)
This information was obtained on the 20th February 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation. Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See
Property Management
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 ( ) for some informal advice. Further information is also available on our website at
Property To Sell
Do you have a property to sell? For professional valuation advice, contact our Grimsby Office ). One of our experienced valuers will be happy to provide a free marketing appraisal of your property.
Surveys
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 .
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.
Brochures
Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Princes Avenue, Grimsby, Lincolnshire, DN31
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About Jackson Green & Preston, Grimsby
19 West St. Marys Gate, Grimsby, DN31 1LE
About us
Founded in 1920, Jackson Green & Preston is Grimsby and Cleethorpes largest and best known local Estate Agency, with over 95 years experience in the property market and currently having 400 or so properties on the market through our agency.
In 2011, on the retirement of the Partners in Goudes Chartered Surveyors, we acquired their very successful Lettings and Management Department, reinforcing our position as one of Grimsby's premier Management Agents.
In 2016, following the retirement of the principal of Bacons Property Management, we were again approached and offered the opportunity to further enhance our position as Grimsby's leading lettings specialist by acquiring Bacons Property Management.
We are members of the Guild Property Professionals and we provide a level of service that meets a high standard of knowledge, integrity, and results. Don't just take our word for it, read some of our testimonials below.
Knowledge"'Knowledgeable professional, excellent service - highly recommended'
The service from Kevin at Jackson Green & Preston is excellent. He is not only exceedingly knowledgeable on leasehold extensions, he is also a very clear communicator and a brilliant negotiator. I had a very difficult time with a landlord who didn't seem to understand my rights as a tenant - Kevin gave me excellent advice and conducted the negotiations with the landlord and her solicitor. He also drafted applications to the tribunal on my behalf. Under the circumstances, it was Kevin (rather than my solicitor or anyone else) that made it happen. The back office team are also competent and friendly. I highly recommend Kevin and the team to anyone going through the statutory process for a lease extension." - Testimonial
Integrity"
Great company to deal with buying and selling.
'
Extremely helpful. Found our purchaser and showed them around etc while we were in Barbados for 7 weeks. Kept in constant touch by phone and Email. Nothing was too much trouble!" - Testimonial
Results"
Fantastic service, Fallon has been brilliant and kept me up to date with our sale, really friendly and approachable staff. Very reasonable sales fees. Our property had the asking price within a week, really efficient. Would recommend Jackson, Green and Preston.
!" - Testimonial
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Visit our security centre to find out moreDisclaimer - Property reference GRS230043. 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.
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