**Standout Features:**
- 2-bedroom apartment: Ideal for rental investment.
- Located close to Grimsby Town Centre: Convenient for amenities and transport.
- Gross rental yield potential: Currently rented for £325 PCM.
- uPVC double-glazing for added energy efficiency.
- Garage parking available.
- Communal gardens maintained with service charge.
**Concerns:**
- Cash buyers only due to property condition and tenure (leasehold).
- High crime rate in the area; consider safety and security.
- Needs renovation: dated interior with wear and tear visible.
- Limited insulation noted in construction.
**Summary:**
This 2-bedroom flat in DN31 2EU presents an attractive investment opportunity for cash buyers. Nestled in a transitional neighborhood just a stone's throw from Grimsby Town Centre, this apartment boasts solid rental potential with existing tenants who pay £325 per month. The mid-century brick structure has been fitted with uPVC double-glazing for improved energy efficiency and includes the convenience of a garage.
While the flat is compact at 549 sq. ft., it offers a well-planned layout that includes a living room, kitchen, and bathroom, along with access to well-maintained communal gardens. However, it requires some renovation to bring it up to modern standards, with signs of wear and limited insulation. Given the highly affordable council tax and the proximity to local amenities, this property has the potential to provide a solid return in a community-oriented area. Seize this unique opportunity to make your mark in a developing neighborhood; investment prospects like this rarely last long!
