Calling all Landlord Investors Jackson Green & Preston are offering to the market 8x self contained Flats converted from 3x former Terraced Houses and are located on Hainton Avenue in Grimsby.
An ideal investment opportunity there are 6x 1 bedroomed Flats and 2x 2 bedroomed Flats.
5 of the units are currently Let and producing an annual income of £17,812 per annum which represents an investment yield of circa 6.47% at the current asking price.
The properties are in a mix of general condition with 3 units currently unoccupied.
We anticipate a rental income if refurbished and fully let in the region of £23,400 per annum which would represent a very attractive investment return of 8.5% on the current advertised price.
There is a small garden to the front and parking to the rear.