18 Bed Block Of Apartments House For Sale Abbey Road, Grimsby, DN32

£1,200,000- Block Of Apartments

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Last Updated: 13th March 2024

Description

Crofts Estate Agents are delighted to offer to the market this fantastic opportunity for the discerning experienced landlord to add to their portfolio with a superbly converted former residential and commercial building into a block of 4 terraced bungalows and 5 apartments set over three storeys. With an annual return of approximately 6% this property comes fully tenanted and managed by Crofts Estate Agents with all properties on AST's. Positioned close to the redeveloped leafy peoples park and within easy walking distance of Grimsby Town centre the apartments are rarely vacant and thus providing a sound investment. Below find the current rental figures with an annual gross rent of £68, 344.92.
Agent Details
Crofts Estate Agents
62, St. Peters Avenue, Cleethorpes, DN35 8HP
Show Contact Number
01472 200 666

Investment Analysis

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Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested