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Gf Wellington Street, Grimsby

PROPERTY TYPE

Ground Flat

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

  • Possible two bedroom ground floor flat
  • Ideal investment or first time property purchase with the current tenant paying £450pcm (12% yield)
  • Freehold for the building including within the sale
  • Gas central heating and double glazing
  • Communal hall, hallway, lounge, bedroom, bathroom, dining kitchen and finally 2nd sitting room or bedroom
  • Shared front and rear gardens
  • No forward chain on the vendors side
  • Energy performance rating C and Council tax band A

Description

Crofts Estate Agents are delighted to offer to the market this excellent investment opportunity, comprising a spacious one/two-bedroom ground floor flat together with the freehold of the building. Offered for sale with no forward chain, this is a rare chance to acquire both the property and the freehold, making it an attractive proposition for both seasoned and first-time investors.The property has been successfully operated as a buy-to-let for a number of years and is currently tenanted, with the existing tenant keen to remain in occupation, providing an immediate rental income of £450 per calendar month, representing an impressive gross yield of approximately 12%.Well maintained throughout, the accommodation briefly comprises a communal entrance hall, private hallway, comfortable lounge, double bedroom, bathroom, spacious dining kitchen and a versatile second reception room, which could equally serve as a second bedroom, home office or dining room to suit individual requirements. Outside, there is a shared rear garden.With the added benefit of the freehold included in the sale, an established tenant in situ and no forward chain, this is a superb turnkey investment offering excellent value and immediate income potential. Early viewing is highly recommended.

Communal Hallway

Entrance door to the front elevation. Access to the two flats.

Ground floor flat hallway

With tiled flooring and a dado rail to the walls.

Lounge

14' 1'' x 11' 8'' (4.303m x 3.556m)

uPVC double glazed window to the front elevation. Laminate wood flooring. Gas central heating radiator. Electric fire with wooden surround with tiled backing.

Bedroom One

12' 4'' x 9' 11'' (3.753m x 3.016m)

uPVC double glazed window to the rear elevation. Laminate wood flooring. Gas central heating radiator.

Bathroom

5' 9'' x 6' 6'' (1.747m x 1.981m)

uPVC double glazed window to the side elevation. The bathroom is equipped with a white suite comprising panelled bath, close coupled w.c and a pedestal wash hand basin. Splashback tiling. Gas central heating radiator.

Kitchen/Diner

14' 11'' x 9' 5'' (4.547m x 2.877m) maximums

With double glazed window and entrance door to the side elevation the kitchen offers a range of fitted wall and base units with contrasting roll edged work surfacing with inset one and a half stainless steel sink and drainer. Splashback tiling. Gas cooker point. Plumbing for an automatic washing machine. Wall mounted Ideal Logic gas boiler. Gas central heating radiator. Tiled flooring.

Sitting or second bedroom

8' 6'' x 8' 6'' (2.601m x 2.595m)

This versatile room has been used as a small sitting room or second bedroom in the past and has two uPVC double glazed windows to the rear elevation. Gas central heating radiator. Tiled flooring.

Outside

The property benefits from shared front and rear gardens.

Brochures

Property BrochureFull Details
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.
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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.
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Energy performance certificate - ask agent

Gf Wellington Street, Grimsby

Approximate location

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__mins driving to your place

Affordability

Monthly repayments£226
Property: £ 45,000
Deposit: £ 4,500
Interest rate: 5.33%
Term: 30 years
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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.
Renovation potential
Recently sold & under offer
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About Crofts Estate Agents, Cleethorpes

62 St. Peters Avenue, Cleethorpes, DN35 8HP
Industry affiliations:

Cleethorpes No.1 agent - for the last seven years!

Serving Grimsby, Cleethorpes and surrounding villages, our St Peters Avenue office opened in 2006.

Once again we have proved ourselves by outperforming all of our rivals with 46% more property sales/moves than our closest rival and any other agent operating within that network. This isn't just good, its outstanding and it's primarily down to hard work, experience and knowledge of the industry of trained and qualified negotiators. We are also trusted more with 39% more instructions than any other agent including all of the familiar names you see on boards around town.

On the lettings side, so far this year we have seen Crofts Lettings outperform every other agent in all postcodes.

We are the only local agent on all the major property portals, we have internal and external touchscreens in all our branches and still produce our own property magazine for a more tactile view of our offerings.

Flexibility in reaching both old and young makes us different from the rest and is one of many reasons we are consistently the area's number one choice. You can rest assured we are committed to delivering only the very best in terms of results AND service, I'm so proud of our team and the business we have built together, and hope to be of help to you in the future - whether you are moving or letting out your house, investing or looking for mortgage or financial advice. Professional in all aspects of property, call or email us now for free unobligated property advice at any of our branches.

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Disclaimer - Property reference 4160954. 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 Crofts Estate Agents, Cleethorpes. 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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