Earl Street, Grimsby, N.E Lincs, DN31 4 bed end of terrace house for sale

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Earl Street, Grimsby, N.E Lincs, DN31 4 bed end of terrace house for sale

Earl Street, Grimsby, N.E Lincs, DN31
£175,000

Our Summary

  • Excellent Investment Opportunity

Description

This is a rare investment opportunity to purchase a freehold property consisting of three individual flats, located within walking distance of Grimsby town centre. The property comprises two one-bedroom ground floor apartments and one two-bedroom first-floor apartment, which currently generate a total income of £17,348 per annum when fully let. The flats are let for £450.66, £475.00, and £520.00 per month, respectively, representing a gross yield of 9.9% at the asking price. The property's location on Earl Street is convenient for all amenities, shops, and transport links, with the A180 and M180 motorway also within easy reach. Additionally, Macaulay Primary Academy is nearby, providing schooling for KS1 and KS2 students.