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3 bedroom flat for sale

Patrick Street, GRIMSBY

Sold STC £58,950

Property Description

Key features

  • 2 Self Contained Flats
  • Vendor Will Pay Stamp Duty On Full Asking Price Offer
  • 1 x 2 Bedroom Flat
  • 1 x 1 Bedroom Flat
  • Both Let And Producing An Income Of 8832 P.A.
  • Yield of 14.7% At The Current Asking Price
  • uPVC Double Glazed
  • Gas Central Heating

Full description

We are delighted to offer for sale this two self-contained flats, in this established residential position.
The property contains a two bedroomed ground floor flat and a one bedroomed first floor flat.
Both flats are currently let and achieve a combined income of £736PCM, equating to £8,832 per annum, providing a yield of 14.7% on the asking price.
50 comprises living room, inner hall, kitchen, bathroom and two bedrooms
50a comprises entrance hall, living room, kitchen, bathroom and bedroom.
Both flats benefit from having uPVC double glazed windows and gas central heating system.

50 Patrick Street
Ground Floor,
Living Room,:
4.66m (15ft 3in) maximum x 4.48m (14ft 8in) maximum
Entered via a uPVC double glazed door.
With a uPVC double glazed window nd a radiator.

Inner Hall,:
With a radiator.

Bedroom 1,:
4.03m (13ft 3in) x 3.71m (12ft 2in) maximum
With a uPVC double glazed window and a radiator.

Bedroom 2,:
3.89m (12ft 9in) x 2.13m (7ft 0in) plus bay
With a uPVC double glazed bay-window and a radiator.

3.23m (10ft 7in) x 3.07m (10ft 1in)
Having a range of wall and base units incorporating a stainless steel sink, electric oven, hob and plumbing for a washing machine. With partially tiled walls, uPVC double glazed window and a rear entrance door. "Worcester" central heating boiler and a radiator.

Fitted with a white suite comprising bath and wash hand basin. With partially tiled walls, uPVC double glazed window and a radiator.

Separate w.c.:
Fitted with a white low-flush w.c. and having a uPVC double glazed window.

The garden is laid to patio for easy maintenance. We understand that the ground floor flat has sole use of the garden. However, there is a fire exit from the first floor flat to the garden and we understand that the occupier of this flat has a right of way.

50A Patrick Street
Ground Floor,.
Entrance Hall,.:
With a uPVC double glazed door and stairs leading to the first floor accommodation

First Floor,.
With a radiator.

4.66m (15ft 3in) maximum into recess x 4.06m (13ft 4in)
With a uPVC double glazed window and a radiator.

Living Room,.:
4.66m (15ft 3in) maximum x 4.11m (13ft 6in) maximum
With a uPVC double glazed window and a radiator.

Inner Hall,.
Fitted with a white bath, low-flush w.c. and wash hand basin. With partially tiled walls, a uPVC double glazed window and a radiator.

3.84m (12ft 7in) x 3.05m (10ft 0in)
With a range of wall and base units incorporating a stainless steel sink, plumbing for a washing machine and integrated electric oven and hob with extractor above. With partially tiled walls, uPVC double glazed window and door, leading to the fire escape staircase. "Ideal" combination central heating boiler and a radiator.

Floor Plans:
Any floor plan provided is for guidance purposes only. It is not to scale and should not be taken as accurately reflecting all the property's features.
Measurements are approximate and should not be relied upon.

Floor Plan - 50 Ground Floor
Floor Plan - 50a Ground Floor
Floor Plan - 50a First Floor
Believed to be Freehold - All interested parties are advised to make their own enquiries.

Both flats are currently tenanted (November 2016) and Assured Shorthold Tenancies and achieve the following rental incomes:
50 Patrick Street - £390 per calendar month
50a Patrick Street - £346 per calendar month.

Council Tax Band A:
This information was obtained on the 29th February 2016 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See

To View:
Strictly by appointment with the Agents. Telephone 01472 311113 to arrange.
Or call into one of our offices at:
19 West St. Mary's Gate, 48a St. Peter's Avenue,
Grimsby, DN31 1LE Cleethorpes, DN35 8HP

Property Management:
Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail ( for some informal advice. Further information is also available on our website at

Property To Sell:
Do you have a property to sell? For professional valuation advice, contact our Grimsby Office (01472 311120).
One of our experienced valuers will be happy to provide a free marketing appraisal of your property.

Sources of Useful Information:
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.

Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors.
To discuss your survey needs, please contact our Survey Department on 01472 311120.

Mortgage Advice:
We are pleased to be able to introduce all of our clients to the UK's largest FEE FREE broker. In addition to being able to access hundreds of mortgages from over 80 lenders, any customer referred through our Agency also has the added benefit of FREE BUYERS INSURANCE for their onward purchase. For more details, please contact our office on 01472 311 113

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
06 March 2017

Map & Street View

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