(WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH)
CALLING ALL LANDLORD INVESTORS!
This is a very smartly presented and recently refurbished two bedroomed second floor flat located in Thorgam Court in Grimsby.
It comprises spacious living room, modern fitted kitchen, two bedrooms and stylish white bathroom.
Benefitting from electric heating and uPVC double glazing along with off-road parking.
Currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £450 per calendar month this represents an excellent 13.5% investment return at the advertised price.
This property is currently Leasehold for a term of 99 years (less 10 days) from 1st February 1972 and therefore would not be mortgageable subject to the current lease and therefore would only appeal to cash buyers.
Ground FloorEntrance Hall With stairs to second floor.
Second FloorLiving Room 16'7" x 10' (5.05m x 3.05m). With electric heater. uPVC double glazed window unit.
Kitchen 9'9" x 7'7" (2.97m x 2.3m). Fitted with a good selection of modern wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, hob and extractor canopy. Plumbing for washing machine. uPVC double glazed window unit.
Bedroom 1 13'3" x 10' (4.04m x 3.05m). With uPVC double glazed window unit.
Bedroom 2 10' x 7'9" (3.05m x 2.36m). With uPVC double glazed window unit.
Bathroom Fitted with an attractive white three piece suite comprising panelled bath (bath with shower over), pedestal basin and low-flush w.c. Airing cupboard containing the hot water cylinder.
Parking There is allocated car parking for the use of this flat.
NOTE Please note the photographs used were taken prior to the current tenancy.
Tenure The property is currently subject to a 99 year lease (less 10 days) from 1st February 1972 with a ground rent of £20 per annum. Note this property would not be suitable for mortgage purpose with the current lease length, however the vendor of this property would have the right to a statutory 90 year lease extension for the payment of an additional premium. All interested parties are advised to make their own enquiries.
Service Charge We understand from the vendor that a service charge is payable of £240 per annum. All interested parties are advised to make their own enquiries.
Broadband & Mobile Phone Coverage Please use the following link to check the mobile phone and broadband coverage for this property.
https://www.ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker
Council Tax Band A This information was obtained on the 26th February 2024 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See www.gov.uk/council-tax-bands
Property Management Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail (rented@jacksongreenpreston.co.uk) for some informal advice. Further information is also available on our website at www.jacksongreenpreston.co.uk/info_landlords.php
Property To Sell Do you have a property to sell? For professional valuation advice, contact our Grimsby Office (01472 311120).
One of our experienced valuers will be happy to provide a free marketing appraisal of your property.
Surveys Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors.
To discuss your survey needs, please contact our Survey Department on 01472 311120.
Sources Of Useful Information Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
www.environmentagency.gov.uk
www.hpa.org.uk
www.nelincs.gov.uk
www.northlincs.gov.uk
www.e-lindsey.gov.uk
www.landregistry.gov.uk
www.gov.uk/council-tax-bands
Mortgage Advice We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property.
They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity.
No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will be £100 upto a maximum of £250 for a residential mortgage. Any fee will be confirmed in writing prior to your proceeding with a mortgage application.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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This is a Leasehold Property
