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1 bedroom flat for sale

Cleethorpe Road, Grimsby

£19,950

Property Description

Key features

  • Attention Investors
  • High Yield Investment
  • Six Studio Apartments
  • Potential 19,292 p.a
  • 5 Studios Currently LET
  • Current Income 16,068 p.a
  • 19,950 Per Apartment
  • Vacant Possession Can Be Explored

Full description

***ATTENTION INVESTORS*** ***£19,950 PER APARTMENT***
Lovelle Bacons Estate Agency are excited to offer an opportunity to purchase a well presented studio apartment priced at £19,950 PER APARTMENT. Located within a well established area of Grimsby Town Centre boasting easy access to local amenities and the A180/M180. Five of an available six apartments are currently let and achieving £16,396 per annum between them. Each apartment briefly comprises; lounge/bedroom, kitchen, bathroom, UPVC double glazing and electric heating. Vacant possession can be explored if necessary.

Introduction - ***ATTENTION INVESTORS*** ***£19,950 PER APARTMENT***
Lovelle Bacons Estate Agency are excited to offer an opportunity to purchase a well presented studio apartment priced at £19,950 PER APARTMENT. Located within a well established area of Grimsby Town Centre boasting easy access to local amenities and the A180/M180. Five of an available six apartments are currently let and achieving £16,396 per annum between them. Each apartment briefly comprises; lounge/bedroom, kitchen, bathroom, UPVC double glazing and electric heating. Vacant possession can be explored if necessary.

Location - The property is ideally located within walking distance of the town centre, where you will find Freshney Place Shopping Centre with its full range of high street retailers, as well as the specialist individual traders along the pedestrian shopping streets and arcades. Excellent transportation links are also close by including the railway station, bus services and A180/motorway links.
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Directions - From LOVELLE BACONS ESTATE AGENCY head southeast on Wellowgate toward Brighowgate turn left at Abbey Drive East and continue on Wintringham Road. Turn left at Hainton Ave and continue along to flow onto Freeman Street and then continue to turn right onto Cleethorpe Road where the property can be identified by our "For Sale" board.

Particulars Of Sale -

Front Elevation -

Rear Elevation -

Details Of Each Flat - FLAT 5: Tenanted since 01/09/16 currently paying £62.00 per week.
FLAT 6: Tenanted since 28/6/17 currently paying £62 per week.
FLAT 8: Empty
FLAT 9: Tenanted since 22/11/16 currently paying £269.00 per calender month.
FLAT 10: Tenanted since 03/12/14 currently paying £62.00 per week.
FLAT 11: Tenanted since 27/08/13 currently paying £61.00 per week.

Show Home / Flat 6 - Flat 6 is the only empty apartment out of the available six. All apartments are of similar size and presentation.

Lounge/Bedroom - 3.96 maximum x 4.02 maximum (13'0" maximum x 13'2" - Neutrally decorated. TV aerial & telephone point. Wall mounted storage heater. UPVC double glazed window to the front elevation.

Kitchen - 3.94 maximum X 2.41 Maximum (12'11" maximum X 7'11 - Comprising a range of wall and base units with complimentary work tops incorporating sink. Tiling to splashback area. Cooker point. Plumbing for washing machine. UPVC double glazed window & entrance door to the rear elevation.

Additional Photograph -

Bathroom - 1.91 maximum X 2.63 maximum (6'3" maximum X 8'8" m - Panelled bath with shower over. Low flush WC. Pedestal wash hand basin. Tiling to splash areas. Extractor fan.

Other Information -

Tenure - We are advised the property is Leasehold. Potential purchasers should ask their Solicitor to check the terms and conditions of the Lease.

Local Authority - North East Lincolnshire Council - Telephone 01472 313131.

Services - We have not tested any heating systems, fixtures, appliances or services.

Viewing - By appointment with the sole selling agents LOVELLE BACONS ESTATE AGENCY telephone (01472) 251918.

We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.

Energy Performance - A copy of the full Energy Performance Certificate for each property is available on request.

Agents Note - All of the measurements in this brochure are approximate.

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More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
04 December 2017

Floorplans

Map & Street View

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