Clifton Court, Oxford St, Grantham NG31 6HB
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
5
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Tenanted investment opportunity
- Generate immediate income
- Freehold residential block
- Five individual units
- One bedroom apartments
- Parking
- Fully managed
- Low maintenance asset
- Ideal location
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Description
The property is currently achieving a total gross rental income of £30,000 per annum. It is fully managed by a local letting agent, making it a truly hands-off investment with strong ongoing returns. The current tenants are all in place, providing immediate income from day one. The configuration and condition of the property ensures minimal void periods and sustained demand on the rental market.
Located close to Grantham’s town centre amenities and within easy reach of the railway station and transport links, this property enjoys strong rental appeal. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield investment, Clifton Court presents a compelling proposition in a growing East Midlands market.
This is a rare opportunity to secure a high-performing residential block with long-term income potential in an increasingly popular area. Early interest is advised.
Financial Breakdown
Gross Rent: £30,000.00
Net income: £26,812.00
Gross yield: 7.89%
Net yield: 7.06%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-08161
- 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.
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- 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.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Clifton Court, Oxford St, Grantham NG31 6HB
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Visit our security centre to find out moreDisclaimer - Property reference YL-08161. 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 yieldit, Manchester. 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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