Summary - 62 FAREBROTHER STREET GRIMSBY DN32 0JU
4 bed 1 bath Terraced
Long-term tenants and immediate rental income for hands-off investors.
Four bedrooms in a traditional Victorian mid-terrace
A four-bedroom mid-terrace in Grimsby offered with long-term tenants in situ, presenting a straightforward buy-to-let opportunity. The property is freehold and produces an annual gross rent of £8,580, giving a gross yield of about 7.3% at the current asking price of £118,000.
The house retains period character such as bay windows and high ceilings and includes small front and rear gardens plus on-street parking. It is described as being in generally good condition but will suit investors prepared for some updating to maximise rental value.
Location factors are mixed: local amenities and schools are within walking distance, but the area is classified as very deprived with higher local crime rates. The property pack and tenancy details confirm reliable long-term tenants who intend to remain.
Practical points: the plot and overall size are small, broadband speeds are fast, and flood risk is very low. A Buyers Premium will apply to secure the sale; purchasers should review the Let Property Pack and tenancy paperwork before proceeding.
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