**Standout Features:**
- **Investment Potential:** Generates approximately £17,348 annual rental income
- **Current Tenants:** All three flats are currently tenanted
- **Flat Configuration:** 2 x 1-bedroom flats and 1 x 2-bedroom flat
- **Location:** 200m from Grimsby Town Centre with easy access to amenities
- **Yield:** Gross yield of 9.9% at the asking price of £175,000
- **Freehold Tenure:** Secure ownership with no chain involved
- **Amenities:** Proximity to schools, shops, and transport links
**Summary:**
Unlock a lucrative investment opportunity with this freehold property featuring three distinct flats, just a short stroll from Grimsby Town Centre. Currently generating nearly £17,348 per year in rental income, this property consists of two well-appointed one-bedroom ground floor apartments and a spacious two-bedroom flat on the first floor, offering a strong yield of 9.9% at its asking price. Each flat is independently rented, ensuring a steady cash flow for landlords and investors.
Positioned conveniently for local amenities and transport, including access to the A180 and M180 motorways, this property caters well to both tenants and commuters. While the area has shown economic constraints, its proximity to educational facilities and community conveniences enhances its rental appeal. Although the structural condition reflects its mid-20th century build, this presents potential for future renovations to increase property value. Act now to seize this exceptional investment before it's gone!
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