Legsby Avenue, Grimsby, N R Lincolnshire, DN32
- PROPERTY TYPE
End of Terrace
- BEDROOMS
5
- 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
- An opportunity for professional landlords to expand their portfolio with a licensed five-bedroom HMO
- Potential gross annual rental income of £24,436 at full occupancy, based on supplied projections
- Approximately 1,401 sq. ft. arranged over two floors, with five lettable bedrooms
- Communal kitchen-diner with space for residents to cook, dine and relax beyond their own rooms
- Separate utility room keeps laundry facilities away from the main communal living space
- First-floor bathroom and separate shower room provide practical facilities for shared occupation
- Additional ground-floor WC supports the two bedrooms on the entrance level
- Established Grimsby residential setting with access to local amenities and transport links
Description
Step Inside:-
Offering five lettable bedrooms alongside dedicated shared facilities, Legsby Avenue presents an opportunity for professional landlords and investors seeking to expand their HMO portfolio. Extending to approximately 1,401 sq. ft., the accommodation is arranged over two floors, with a layout that separates private bedrooms from the principal communal living space.
The entrance hallway serves two ground-floor bedrooms, including a bay-fronted room. To the rear, the communal kitchen-diner provides space for residents to cook, eat and relax together, adding a useful shared living area beyond their individual rooms.
The kitchen is fitted with a range of white wall and base units, contrasting work surfaces, tiled splashbacks, a built-in oven and gas hob. An adjoining utility room provides a separate area for laundry appliances, with a ground-floor WC completing this level.
Upstairs, three further bedrooms are served by both a bathroom and a separate shower room, each incorporating a WC. This arrangement provides shared facilities across both floors, a practical consideration for multi-occupancy accommodation.
The property is described as holding a current HMO licence. Based on the supplied rental projections, potential gross annual income is £24,436 at full occupancy. Applying a 75% occupancy assumption to the same rental basis produces an illustrative gross annual income of £18,327. These figures provide a starting point for investors to assess the opportunity against their acquisition and operating costs.
Step Outside:-
The property has a traditional red-brick frontage, with a ground-floor bay window and a recessed entrance approached through a small front garden bounded by brick walling and established hedging. There is also a small, fully enclosed rear garden for the use of tenants.
Location:-
Legsby Avenue sits within an established residential area of Grimsby, with access to local amenities, public transport links and the town’s wider services and employment centres. For landlords assessing the property’s letting appeal, the setting offers a practical base for residents seeking shared accommodation within reach of everyday essentials.
Investment Information:-
Rental figures are supplied projections, rather than confirmation of current income, and are stated before operating expenses, management fees, maintenance and other ownership costs. Actual income will depend on rents achieved, occupancy and rent collection. Purchasers should verify the current tenancy position, rental schedule, HMO licence and its conditions, together with the property’s compliance documentation. Neither occupancy nor rental income is guaranteed.
ENTRANCE HALL
LOUNGE
15' 4" x 11' 6" (4.67m x 3.5m)
SITTING ROOM
13' 3" x 9' 10" (4.04m x 3m)
KITCHEN/DINER
25' 7" x 12' 1" (7.8m x 3.68m)
BEDROOM ONE
14' 11" x 13' 7" (4.55m x 4.14m)
BEDROOM TWO
13' 3" x 9' 10" (4.04m x 3m)
BEDROOM THREE
10' 1" x 9' 10" (3.07m x 3m)
Agents notes to buyer's
Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property. These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees. Buyers should ensure they seek appropriate financial advice and budget accordingly.
Brochures
Particulars- 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.
- On street
- 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.
- Ask agent
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About DDM Residential, Grimsby
Osborne Chambers 25 Osborne Street, Grimsby, DN31 1EY
Notes
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