2 bedroom apartment for sale

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2 bedroom apartment for sale

Duke Street, Grimsby, Lincolnshire, DN32
£65,000

Our Summary

  • For Sale By Modern Method of Auction - T & Cs Apply
  • Modern Method of Auction - T & Cs Apply

Description

This mid-terrace property has been converted into two self-contained one-bedroom flats, offering a fantastic investment opportunity for buyers. The property generates a gross yield of 12.08% per annum, with flat 13A renting for £450 per calendar month and flat 13B renting for £425 per calendar month. The property is being sold with no forward chain, and the freehold includes both flats. The ground floor flat features a bedroom, lounge, kitchen, and bathroom, while the first-floor flat has the same layout. The property is currently let on two separate assured shorthold tenancies, providing a steady income stream for investors. With a yield of 14.6%, this property presents a lucrative opportunity for those looking to expand their investment portfolio.