£54,950

Block of flats for sale

  1.  Please Note Flat Is To The Rear
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Offers over

£54,950

(£123.76/sq. ft)

Block of flats for sale

Greenlands Avenue New Waltham, Grimsby DN36

444 sq. ft

Local area information

Property location

Nearby amenities

  • New Waltham Academy 0.2 miles
  • Enfield Academy of New Waltham 0.3 miles
  • Grimsby Town 2.9 miles
  • Cleethorpes 3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Off Street Parking

  • Modern

  • Excellent Investment Opportunity
  • Tenanted first floor modern flat
  • Living Area of approx. 444 sq. Ft. (41.2 sq. M).
  • Offering an impressive yield in excess of 12%
The subject property is located in the highly sought after area of New Waltham. It is situated to the rear off Greenland Avenue. The seaside town of Cleethorpes and Humberston are within easy reach and close to Grimsby town centre with easy access to the motorway network.

The property is a first floor flat and is accessed to the rear of the shops. It has recently been refurbished and is currently tenanted with a rental income of £550 per month on an assured shorthold tenancy. The living area is approx. 444 sq. Ft. (41.2 sq. M).

The approximate accommodation comprises:
Lounge 175 sq. Ft. (16.3 sq. M).
Kitchen 59 sq. Ft. (5.5 sq. M).
Bedroom 127 sq. Ft. (11.8 sq. M).
Bathroom 47 sq. Ft. (4.3 sq. M).

The flat is achieving an annual income of £6,600 per annum (£550 per month) giving an impressive yield of 12%.

Each party will be responsible for their own legal costs incurred in this transaction together with any stamp duty or land tax that may apply.

We are advised that the property is leasehold.

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Property descriptions and related information displayed on this page are marketing materials provided by - Cleethorpes Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cleethorpes Properties for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. North East Lincolnshire
  4. Grimsby
  5. New Waltham
  6. Greenlands Avenue

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