2 bedroom shared living/flatmate for sale

£115,000 /Sale price - Grimsby DN32

Overview

A fantastic opportunity to purchase this mixed use premises, located in the heart of Grimsby on Freeman Street. Nearby Vendors include Boots, Asda supermarket and Wilkos. The property is within close proximity to Freshney Place shopping centre and benefits from good transport links to and from Cleethorpes.The property comprises of a well proportioned ground floor retail area approximately 62.89sqm/676sqft in size, comprising of 2 w.c.'s and a generous sized basement of 48.51sqm/522.15 sqft. The property comes with 2 x 1 bedroom, flats which are currently let at £75 and £60 per week respectively, equating to £7,020 per annum. We anticipate the retail unit to generate an income of £4,800 per annum, which combined generates an income of £11,820 per annum. At the current asking price, this represents a yield of just shy of 10.3%, making this an extremely attractive investment opportunity.VIEWING IS HIGHLY RECOMMENDED FOR THIS EXCEPTIONAL OPPORTUNITY.

Details

  • Beds: 2
  • Baths: 2
  • Price: £115,000 /Sale price
  • Internal Reference No.: 75341319

Amenities

  • Home
    • Mixed Use Premises
    • Commercial Unit + 2 x 1 Bedroom Flats
    • Flats Let At £7,020 Per Annum
    • Expected Commercial Rent £4,800 Per Annum
    • Yield 10.3%
    • Long Term Tenants Wishing To Remain
    • uPVC Double Glazing
    • Modern Electric Heaters

Location

Grimsby North East Lincolnshire DN32

2 bedroom shared living/flatmate for sale

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This Shared Living/Flatmate for sale is located at Grimsby DN32. The home has 2 Bedroom and 2 Bathrooms. This 2 bedroom Shared Living/Flatmate in Grimsby North East Lincolnshire is for sale for £115,000 /Sale price.

Disclaimer

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2024-08-24, Viewed 0 times.