4 Bed Terraced House For Sale Hainton Avenue, Grimsby, DN32

£100,000- Terraced

1 of 13
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Last Updated: 12th April 2024

Description

Investment Opportunity: Dual Dwelling Mid Terrace Property



\rInvestment Opportunity: Dual Dwelling Mid Terrace Property

Welcome to Your Next Investment Venture

Are you seeking an investment opportunity that offers versatility, potential, and profitability? Look no further than this expansive mid-terrace property, strategically converted into two separate dwellings, primed for lucrative returns. Whether you're a seasoned investor or a newcomer to the property market, this offering presents an enticing prospect for expanding your portfolio and maximizing rental income.

Property Overview:

Front Dwelling:

Accessed via the front door, the front portion of the property boasts a thoughtfully designed layout.
Ground floor comprises an inviting entrance hall, a spacious lounge, a well-appointed kitchen, and convenient storage space under the stairs.
Upstairs, you'll find three bedrooms and a bathroom, providing comfortable living space for potential tenants.
Rear Dwelling:

Accessed from the rear, the rear dwelling offers a separate entrance for added privacy.
Ground floor features an entrance hall, a cosy lounge, a kitchen, and a bathroom, ensuring all essential amenities are readily available.
Upstairs accommodation includes two comfortable bedrooms, ideal for individuals or small families.
Outdoor Spaces:

The property boasts a small front yard, offering outdoor space for residents to enjoy.
Additionally, a rear yard provides further potential for outdoor recreation or leisure activities.
Parking and Accessibility:

Parking is conveniently available on the road, it is believed no permit would be required, please check with the local authority.
Strategically situated within a desirable location, the property benefits from excellent connectivity to local amenities, transport links, and recreational facilities.
Investment Potential:

With a keen eye for modernization and enhancement, this property presents an exceptional investment opportunity.
Investors and landlords can capitalize on the dual dwelling setup, maximizing rental income potential.
With a projected rental yield exceeding 12% when fully occupied, this investment promises substantial returns, subject to compliance legislation being met.
Why Invest?

Diversify your investment portfolio with a property offering dual rental income streams.
Capitalize on the burgeoning rental market and secure long-term financial growth.
Benefit from the potential for value appreciation through strategic modernization and refurbishment efforts.
Tap into a high-demand sector, catering to tenants seeking affordable yet well-appointed accommodation options.
Don't Miss Out on This Lucrative Opportunity!

Seize the chance to embark on a profitable investment journey with this versatile mid-terrace property. Whether you're a seasoned investor or an aspiring landlord, the potential for substantial returns awaits. Act now to secure your stake in this promising investment venture and unlock the doors to unparalleled financial success.

Agent note - planning application DC/1165/07/HEN Change of use and alterations from single dwelling house to two
separate dwelling houses - 2007

Contact us today to schedule a viewing and explore the endless possibilities that this property has to offer.
Agent Details
DDM Residential
Osborne Chambers 25 Osborne Street, Grimsby, DN31 1EY
Show Contact Number
01472 358 671

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