2 Flats for Sale on Grantley Street, Grantham, NG31
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
1,134 sq ft
105 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
- Two Self-Contained 1-Bedroom Flats
- Investment with Immediate Income
- Combined Rental Yield of 8.49%
- Ground Floor Flat Yield - 7.66%
- Second Floor Flat Yield - 9.32%
- Existing Long Term Tenants in Place
- Great Location Near Town Centre and Transport
- EPC Ratings - Both D
Description
An excellent investment opportunity to acquire two tenanted 1-bedroom flats with the freehold of the building on Grantley Street, Grantham. With existing tenants in place and a strong combined yield of 9.2%, this is a ready-made income-generating asset for both new and experienced investors.
Rental Details:
Ground Floor Flat: £415 pcm – 7.66% yield
Second Floor Flat: £505 pcm – 9.32% yield
Combined Monthly Income: £920
Combined Yield: 8.49%
Each Flat comprises of 1 bedroom, 1 bathroom, a living room and fitted kitchen. They also have access to a shared courtyard garden at the back of the property.
Ground Floor Flat is- 51.02 m sq
Second Floor Flat is- 54.30m sq
Located close to Grantham town centre and transport links, these flats offer steady rental demand in a popular area.
Secure a freehold investment with immediate returns and future growth potential.
EPC Rating: D
Flat 95 Kitchen
4.2m x 4.2m
Flat 95 Bathroom
2.2m x 2.1m
Flat 95 Lounge
4.2m x 3.3m
Flat 95 Bedroom
5.1m x 3.3m
Flat 96a Kitchen
4.2m x 4.2m
Flat 96a Bathroom
4.2m x 2.1m
Flat 96a Lounge
4.2m x 3.3m
Flat 96a Bedroom
5m x 3.3m
Communal Garden
Courtyard Garden
- 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.
- Communal garden
- 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
2 Flats for Sale on Grantley Street, Grantham, NG31
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Visit our security centre to find out moreDisclaimer - Property reference bc263b7d-46b0-49ee-98a8-ebc3046e1fe0. 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.
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