**Standout Features:**
- 2/3 bedroom terraced house in Grimsby
- Current tenant in situ paying £600 PCM, yielding 11.4%
- Two separate reception rooms
- Large rear garden
- uPVC double glazing and gas central heating
- Freehold tenure
**Potential Concerns:**
- Crime rates in the area are high
- Property may require modernization, notably for damp issues
- Small plot size and average internal layout
This 2/3 bedroom mid-terrace house in DN32 7NQ offers a fantastic opportunity for buy-to-let investors, featuring a reliable tenant who has resided here for four years. With a strong yield of 11.4%, the property promises excellent cash flow. Its traditional design is complemented by two separate reception rooms and a large rear garden, ideal for small families or as an outdoor retreat. While the interior may need some updating, especially in managing damp concerns, the double glazing and gas central heating system provide essential comforts for tenants. The surrounding area boasts good local schools and excellent mobile and broadband connectivity, making it appealing for families.
With a price tag of just £63,000, this property represents an excellent investment with room for value appreciation through future renovations. Seize this opportunity before it’s gone!
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