Property photos
Freehold
£115,000
2 bed terraced house for sale
Welholme Road, Grimsby, N E Lincs DN322 beds
2 baths
2 receptions
EPC rating: C
Key Information
Tenure:
Freehold
Council tax band:
A band has not yet been confirmed.
Local area information
Property location
Nearby amenities
- Welholme Academy 0.3 miles
- Edward Heneage Primary Academy 0.4 miles
- Grimsby Town 0.5 miles
- Grimsby Docks 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- A pair of separate flats being sold as a single freehold property
- Two 1 bedroom flats (including ground and first floor)
- Ideal Investment Opportunity
- Excellent potential in rental yield.
- Opportunities for cosmetic improvement
- Could return circa £450 pcm per unit
- Gas central heating and double glazing throughout
- Council Tax Band A
- EPC Rating C and D respectively
Being sold with No Forward Chain and to include Freehold interest of the building, this incredible investment opportunity is a chance to purchase two readily separated flats as a single property unit.
This large central Grimsby mid-terrace property has undergone a complete reconfiguration in order to produce two one-bedroom flats, each including their own secure access from lobby, kitchen, bathroom and reception room as well as access to modern gas central heating.
Not only this but the purchase also includes front and rear gardens as well as a fitted external fire escape to the rear garden from the top floor flat.
Accommodation consists of a slightly larger one bedroom ground floor flat and a first floor dwelling which is accessible from both the front and rear due the additional of the exterior fire escape. Each flat has a separately metered utility supply as well as a fitted kitchen and bathroom. The period nature of the property also enhances the general appeal of each flat with sizable rooms and high ceilings.
The opportunity here is the chance to acquire a unit potentially capable of generating in excess of £900 per calendar month in combined income, much more than what a conventional single dwelling could generate but with much of work already complete. This could potentially generate yields of around 9.40 - 10% dependent on purchase price.
The property's central location boasts a wealth of amenities in walking distance including the town centre and Freshney Place shopping precinct itself. This convenient placement offers an additional appeal to potential tenants.
For more information or to explore this opportunity in more detail, contact us today to discuss further or to arrange a viewing.
Ground Floor Flat
Kitchen (3.37m x 3m (11' 1" x 9' 10"))
Lounge/Diner (5.28m x 3m (17' 4" x 9' 10"))
Bedroom (3.82m x 3.65m (12' 6" x 12' 0"))
Bathroom (3.94m x 2.91m (12' 11" x 9' 7"))
First Floor Flat
Kitchen (3.42m x 2.86m (11' 3" x 9' 5"))
Lounge (4.88m x 3.77m (16' 0" x 12' 4"))
Bedroom (3.81m x 3.09m (12' 6" x 10' 2"))
Bathroom
This large central Grimsby mid-terrace property has undergone a complete reconfiguration in order to produce two one-bedroom flats, each including their own secure access from lobby, kitchen, bathroom and reception room as well as access to modern gas central heating.
Not only this but the purchase also includes front and rear gardens as well as a fitted external fire escape to the rear garden from the top floor flat.
Accommodation consists of a slightly larger one bedroom ground floor flat and a first floor dwelling which is accessible from both the front and rear due the additional of the exterior fire escape. Each flat has a separately metered utility supply as well as a fitted kitchen and bathroom. The period nature of the property also enhances the general appeal of each flat with sizable rooms and high ceilings.
The opportunity here is the chance to acquire a unit potentially capable of generating in excess of £900 per calendar month in combined income, much more than what a conventional single dwelling could generate but with much of work already complete. This could potentially generate yields of around 9.40 - 10% dependent on purchase price.
The property's central location boasts a wealth of amenities in walking distance including the town centre and Freshney Place shopping precinct itself. This convenient placement offers an additional appeal to potential tenants.
For more information or to explore this opportunity in more detail, contact us today to discuss further or to arrange a viewing.
Ground Floor Flat
Kitchen (3.37m x 3m (11' 1" x 9' 10"))
Lounge/Diner (5.28m x 3m (17' 4" x 9' 10"))
Bedroom (3.82m x 3.65m (12' 6" x 12' 0"))
Bathroom (3.94m x 2.91m (12' 11" x 9' 7"))
First Floor Flat
Kitchen (3.42m x 2.86m (11' 3" x 9' 5"))
Lounge (4.88m x 3.77m (16' 0" x 12' 4"))
Bedroom (3.81m x 3.09m (12' 6" x 10' 2"))
Bathroom
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Listed by
Relo Estate Agents
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