St. Augustine Avenue, Grimsby, Lincolnshire, DN32
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
2
- 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.
Freehold
Key features
- Terraced, freehold 6-bed licensed HMO
- Gross Annual Income: £28,080
- Operating Cost Assumption: 25% (covering utilities, compliance, maintenance, management, voids) Net Annual Income: £21,060
- Licensed for: 6 occupants Issue Date: 10 December 2024 Expiry Date: 10 December 2029
- Professionally maintained and in strong rental condition
- Fully tenanted operation from day one
Description
Fully Licensed 6-Bed HMO | Freehold | High-Yield Investment Opportunity
Overview
Pure Investors are delighted to present this fully licensed 6-bedroom HMO located on St Augustine Avenue, a proven rental hotspot in Grimsby. Offered as a freehold property with strong existing income and comprehensive compliance, this is a ready-made, turnkey investment ideal for HMO landlords, portfolio builders, or first-time investors seeking secure passive income.
The property is fully tenanted, professionally managed, and delivering consistent returns with minimal operational complexity.
Financial Summary
Gross Monthly Income: £2,340
Gross Annual Income: £28,080
Operating Cost Assumption: 25% (covering utilities, compliance, maintenance, management, voids)
Net Annual Income: £21,060
Tenure: Freehold
Number of Current Tenants: 6
ASTs/Licences: Fully in place and compliant
Purchase Price Net Income p.a. NET Yield
£210,000 £21,060 10.0%
This property delivers excellent ROI even under conservative cost assumptions - ideal for investors prioritising high yields and low vacancy risk.
HMO Licensing & Compliance
This property benefits from a full HMO licence and complete certification, ensuring strong operational security and smooth ongoing management.
HMO Licence
Licensed for: 6 occupants
Issue Date: 10 December 2024
Expiry Date: 10 December 2029
Fire Safety Compliance
Interlinked Smoke Detection System - Last serviced: 12 December 2024
Emergency Lighting Installed & Tested: Yes
Fire Doors Installed Throughout: Yes
Fire Risk Assessment: Completed
Latest Assessment: 12 May 2025
Gas & Electrical Safety
Gas Safety Certificate: Yes
Date: 07 February 2025
EICR: Yes
Date: 12 December 2024
PAT Testing: Yes
Date: 12 December 2024
Energy Performance
EPC Rating: D
Assessment Date: 25 August 2019
The property is fully compliant with all required HMO safety and legal standards - ideal for hands-off investors seeking a stress-free acquisition.
Property Features
Terraced, freehold 6-bed licensed HMO
Fully let to 6 tenants with compliant ASTs
Professionally maintained and in strong rental condition
Interlinked fire safety system with emergency lighting
Strong local rental demand ensuring minimal voids
Stable income with scope for future rental uplift
Location
Positioned in the DN32 postcode, the property offers tenants excellent access to:
Grimsby town centre
Shops and amenities
Transport links
Major employers and industrial hubs
This creates an ideal environment for sustained occupancy and long-term rental performance.
Summary
49 St Augustine Avenue is a high-performing, fully compliant 6-bed HMO offering:
Strong net income (£21,060 p.a.)
Excellent NET yields
Freehold ownership
Fully tenanted operation from day one
Long remaining HMO licence
Comprehensive fire, gas, electrical, and safety certification
This is an ideal turnkey purchase for investors seeking secure, hands-off returns in a thriving rental location.
- 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.
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- 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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Energy performance certificate - ask agent
St. Augustine Avenue, Grimsby, Lincolnshire, DN32
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Visit our security centre to find out moreDisclaimer - Property reference St-Augustine-Ave-Grimsby. 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 Pure, 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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