Summary - Oxford Street, Grimsby, N E Lincs, DN32 DN32 7PB
2 bed 2 bath Apartment
**Standout Features:**
- Two residential flats (one bedroom each) with current tenants
- Commercial ground floor retail space, readily available to let
- Projected income of approximately £295 per week across all units
- Prime location in central Grimsby, near Cleethorpes
- Total area of 1,245 sq ft with a Freehold tenure
- Excellent investment opportunity with strong rental yield
**Concerns:**
- High crime rate in the area
- Potential maintenance needs in older construction (1900-1929)
This exceptional investment opportunity features two residential flats and one commercial unit in the bustling heart of Grimsby. Both flats are already tenanted, generating a combined rental income of about £210 per week, while the ground floor retail space is primed for new business with high demand in the area. This property not only boasts potential for immediate income but also offers flexibility for future renovations and enhancements, tailored to maximize returns.
With a central location just minutes from Grimsby's vibrant town center and close proximity to Cleethorpes, this property appeals to savvy investors looking for steady growth in a location that is increasingly desirable. However, prospective buyers should note the area's higher crime rate and consider any renovations or repairs that the older structure may require.
Don’t miss this unique chance to secure a multi-unit investment in a growing market—properties like this are in high demand and won’t be available for long!
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