This property has been taken off the market.

House For Sale Cromwell Road, Grimsby, DN31

£120,000

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Last Updated: 18th April 2024

Description

Jackson, Green and Preston are delighted to offer to the market 16 individual garages and 1 workshop, located to the rear of Cromwell Road in close proximity to Grimsby town centre and other local amenities.
9 of the garages and workshop are currently let and are managed by ourselves, generating an income of £6,960 per annum. However, we anticipate a market rent of £40 per garage is achievable, which would result in an income of £11,700 per annum when the workshop let at £335 per calendar month is taken into consideration.
This is an excellent low maintenance investment opportunity and is not to be missed.
Agent Details
Jackson Green & Preston
19, West St. Marys Gate, Grimsby, DN31 1LE
Show Contact Number
01472 311 113

Investment Analysis

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This is the potential achievable yield.
Potential Return-on-Cash Invested