Elmer Street North, Grantham, NG31
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
484 sq ft
45 sq m
- 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
- Opportunity to Acquire an Already Tenanted Property
- Great 7.54% Yield - Immediate Return on Investment
- Currently Rented for £440 pcm
- Potential Rental with Renovation up to £600
- Prime Central Location - Situated on Elmer Street North in the Heart of Town
- Direct High Street Access - Convenient Access to Shops, Amenities, and Services
- Excellent Transport Links - Close to Grantham Train Station and the A1 for Easy Commuting
- Shower Room - Practical and Low Maintenance
- Value-Add Opportunity- Scope for Improvements to Increase Rental Value and Boost Yield
- EPC - E
Description
Great opportunity for an investor to acquire a property with a tenant in it. Offering a 7.54% yield, this property offers instant return on your money. This is a one bedroom flat on Elmer Street North, offering a convenient location in the heart of Grantham. There is access directly onto the High Street, close to great transport links like the trainline and the A1.
The flat has one bedroom, shower room, a kitchen and a lounge/diner. With some works the rent could be increased to produce a stronger yield.
EPC Rating: E
Kitchen
2.06m x 3.35m
Lounge
4.3m x 4.98m
Shower Room
2.06m x 1.63m
Bedroom
2.51m x 4.98m
- 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.
- Ask agent
- 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
Energy performance certificate - ask agent
Elmer Street North, Grantham, NG31
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Visit our security centre to find out moreDisclaimer - Property reference 9571e4cd-7376-473e-91a0-76b555475efc. 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 David Grace Estate Agents, Grantham. 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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