**Standout Features:**
- Fully licensed House of Multiple Occupancy (HMO) with current full occupancy
- Six bedrooms and two shower rooms
- Close proximity to local amenities and town center
- Estimated potential rental income of £29,000 per year
- uPVC double glazing and gas central heating
- Gardens to the front and rear
**Concerns:**
- Dated interior in need of modernization
- External wear and unkempt garden
- Above average crime rate in the area
This mid-terrace property in Grimsby offers a unique investment opportunity as a fully licensed HMO with consistent occupancy, generating approximately £29,000 in rental income annually. Boasting six well-sized bedrooms and two communal shower rooms, it's designed for functionality and ease of living. The communal dining room and bike store add convenience for tenants, while both front and rear gardens provide outdoor space for relaxation.
Although the property is generally in good operational condition, it does require some modernization and maintenance, making it ideal for investors looking to add value through renovations. With its current gas central heating, uPVC double glazing, and an energy performance rating of D, the property is equipped for living while presenting potential for future enhancements. Located near essential amenities, local schools with good ratings, and excellent broadband speeds, this property is perfect for investors seeking a steady rental market. Don’t miss out on this affordable opportunity to capitalize on Grimsby's rental scene.
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