Summary -
32,Pennistone Place,Scartho Top,GRIMSBY,DN33 3SS
DN33 3SS
15 bed 5 bath Block of Apartments
Ready-income suburban portfolio for discerning buy-to-let investors.
["Portfolio of five modern townhouses, built 2008, sold freehold","Total: 15 bedrooms, 5 kitchens, 5 bathrooms across five units","Current gross annual income £46,740; tenants currently in situ","Each property has designated off-street parking and small garden","Mains gas heating, double glazing; typical 2000s construction","Buyer must review tenancy packs—tenancies remain occupied","Buyers Premium applies on purchase — factor additional cost","Limited external amenity and generally compact internal layouts"]
This portfolio of five modern townhouses in Scartho Top, Grimsby (DN33 3SS) offers a ready-made buy-to-let holding with long-term tenants in place. Built in 2008 and sold freehold, the five properties together provide 15 bedrooms, five lounges, five kitchens and five three-piece bathrooms, plus individual off-street parking and small private gardens. The current annual gross rental income is stated at £46,740.
The houses are contemporary three-storey townhouses with integral garages/drives and low-maintenance exteriors. Construction and services are standard for this era: mains gas central heating (boiler and radiators), double glazing and cavity walls (assumed insulated). The area is described as comfortable suburbia with very low crime, fast broadband and generally affluent demographics — factors that help rental demand.
Key attractions are immediate income, a compact management footprint across similar layouts, and clear appeal to buy-to-let investors or developers looking for consolidation. Important practical points: tenants are in situ so purchasers must review tenancy agreements and the Let Property Pack; a buyer’s premium will apply on sale. Prospective purchasers should also verify individual unit sizes, condition and statutory compliance via inspection and full due diligence.
Limitations: external amenity is modest, internal room sizes appear compact, and some nearby schools have mixed Ofsted outcomes. The portfolio suits investors seeking steady rental returns rather than those seeking larger family plots or significant capital refurbishment opportunities.
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