Summary - 49 AINSLIE STREET GRIMSBY DN32 0LY
5 bed 2 bath Terraced
**Standout Features:**
- Fully licensed House of Multiple Occupancy (HMO) with full occupancy and approximately £23,000 annual income
- Six bedrooms and two shower rooms, making it ideal for renters or families
- Communal dining room, kitchen, and utility room
- Front and generous rear gardens with a bike store
- Conveniently located near various local amenities and the town center
- uPVC double glazing and gas central heating
**Notable Concerns:**
- Property in need of modernization and refurbishment
- Small plot size and may have high crime rates in the area
- Solid brick walls may lack insulation, resulting in potential heating inefficiencies
This mid-terrace property in the town of Grimsby is an excellent investment opportunity for savvy buyers looking to enter the rental market or expand their portfolio. Currently configured as a fully licensed HMO, this property boasts six spacious bedrooms and two shower rooms, providing ample space for tenants while generating strong rental yield. The communal areas, including a dining room and utility room, encourage social living while the front and rear gardens offer outdoor space for recreation or relaxation.
Located amidst a variety of local amenities and close to the town center, this property is accessible to essential services and community resources. However, potential buyers should be prepared to undertake some modernization and maintenance work to fully optimize the property’s value. Given its current rental income and the growing demand for affordable housing in the area, opportunities like this are rare and won’t last long in today's fast-paced market—act quickly to secure a promising investment in a community with potential!
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