Cromwell Road, Grimsby DN31 1 bed flat for sale

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Cromwell Road, Grimsby DN31 1 bed flat for sale

Cromwell Road, Grimsby DN31
£50,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 1-bedroom flat in Grimsby is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a comfortable layout with 1 bedroom, lounge, kitchen, and bathroom. Currently, it generates an annual gross income of £5,400, which has the potential to increase to £6,600 with a new owner. The current tenants, who have been in the property for several years, are long-term and committed to staying, providing a stable rental income stream. With a purchase price that offers a worthwhile return, this property is an attractive addition to any investor's portfolio.