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Thorgam Court, Grimsby, Lincolnshire, DN31

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • VIDEO VIEWING AVAILABLE
  • Calling All Landlord Investors
  • 2 Bedroomed 2nd Floor Apartment
  • Extremely Modernised Throughout
  • Sold Subject To Assured Shorthold Tenancy At £450 PCM
  • Impressive 13.5% Investment Yield
  • Sold With Short Lease
  • CASH BUYERS ONLY
  • Viewing Essential

Description

(WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH)
CALLING ALL LANDLORD INVESTORS!
This is a very smartly presented and recently refurbished two bedroomed second floor flat located in Thorgam Court in Grimsby.
It comprises spacious living room, modern fitted kitchen, two bedrooms and stylish white bathroom.
Benefitting from electric heating and uPVC double glazing along with off-road parking.
Currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £450 per calendar month this represents an excellent 13.5% investment return at the advertised price.
This property is currently Leasehold for a term of 99 years (less 10 days) from 1st February 1972 and therefore would not be mortgageable subject to the current lease and therefore would only appeal to cash buyers.

Ground Floor

Entrance Hall

With stairs to second floor.

Second Floor

Living Room

5.05m x 3.04m

With electric heater. uPVC double glazed window unit.

Kitchen

2.98m x 2.31m

Fitted with a good selection of modern wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, hob and extractor canopy. Plumbing for washing machine. uPVC double glazed window unit.

Bedroom 1

4.03m x 3.04m

With uPVC double glazed window unit.

Bedroom 2

3.04m x 2.35m

With uPVC double glazed window unit.

Bathroom

Fitted with an attractive white three piece suite comprising panelled bath (bath with shower over), pedestal basin and low-flush w.c. Airing cupboard containing the hot water cylinder.

Parking

There is allocated car parking for the use of this flat.

NOTE

Please note the photographs used were taken prior to the current tenancy.

Tenure

The property is currently subject to a 99 year lease (less 10 days) from 1st February 1972 with a ground rent of £20 per annum. Note this property would not be suitable for mortgage purpose with the current lease length, however the vendor of this property would have the right to a statutory 90 year lease extension for the payment of an additional premium. All interested parties are advised to make their own enquiries.

Service Charge

We understand from the vendor that a service charge is payable of £240 per annum. All interested parties are advised to make their own enquiries.

Broadband & Mobile Phone Coverage

Please use the following link to check the mobile phone and broadband coverage for this property.

Council Tax Band A

This information was obtained on the 26th February 2024 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.
Ask agent
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

Thorgam Court, Grimsby, Lincolnshire, DN31

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About Jackson Green & Preston, Grimsby

19 West St. Marys Gate, Grimsby, DN31 1LE
Industry affiliations:
About Us
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

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£187
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference GRS240187. 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 average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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