Eleanor Street, GRIMSBY, Lincolnshire, DN32

(We are offering part only of the property shown in the photograph).
EXCELLENT INVESTMENT OPPORTUNITY - 2 X ONE BEDROOM FLATS & 1 X TWO BEDROOM FLAT
£13,800 PER ANNUM (WHEN FULLY LET).
An excellent investment opportunity comprising a semi-detached property, which has been converted into two, one bedroomed and one, two bedroomed flats, of varying sizes.
All flats have been finished to a good standard and each flat enjoys the benefit of an intercom system, modern fitted kitchen, gas central heating, smart shower/bathroom and a garage/allocated parking to the rear.
The property, when fully let, produces a rental income of £13,800 per annum, which represents a yield of approximately 9.2%.
PLEASE NOTE: THE ADJOINING PROPERTY IS ALSO BEING OFFERED FOR SALE WITH JACKSON, GREEN AND PRESTON. THIS IS A GREAT OPPORTUNITY TO OWN A FANTASTIC FREEHOLD RESIDENTIAL INVESTMENT, GENERATING AN EXCELLENT RETURN, IF PURCHASED IN CONJUNCTION WITH THE ADJOINING PROPERTY.

Ground Floor

Communal Entrance Hall    With panelling up to dado, electric storage heater and stairs leading to the first floor accommodation.

FLAT 1    Please note - these photographs were taken before the Tenancy commenced.

Living Room/Kitchen Area 4.17m (13 ft 8in) x 2.74m (9ft 0in) plus bay
With entrance door, intercom system, radiator and a timber double glazed bay-window.

Kitchen Area 2.63m (8 ft 8in) x 2.48m (8ft 2in)
Partially tiled, fitted with a good selection of wall and base units incorporating a sink unit/drainer with mixer tap. Oven, electric hob and extractor hood. Combination boiler and plumbing for a washing machine.   0m (0ft 0in) x 0m (0ft 0in)

Bedroom 1 4.8m (15 ft 9in) max x 4.27m (14ft 0in) max plus bay
With a radiator and a timber double glazed window and access to the shower room.

Bedroom 2/Dining room 2.48m (8 ft 2in) x 2.14m (7ft 0in)
With a radiator and a timber double glazed window.

Shower Room    Fitted with a low-flush w.c., pedestal hand basin and a separate shower cubicle. Heated towel rail.

First Floor

FLAT 2

Entrance Hall    With laminated flooring, radiator and intercom system.

Living Area 3.95m (13 ft 0in) x 3.6m (11ft 10in)
With laminated flooring, radiator and a uPVC double glazed window.

Kitchen Area, 3.95m (13 ft 0in) x 1.8m (5ft 11in)
With a good selection of wall and base units incorporating a sink unit/drainer with mixer taps. Oven, electric hob and extractor hood. Timber double glazed window.

Bedroom 1, 3.72m (12 ft 2in) x 2.55m (8ft 4in)
With laminated flooring, radiator and a timber double glazed window.

Shower Room,    With a w.c., pedestal hand basin and shower cubicle. Heated towel rail and a uPVC double glazed window.

FLAT 3    Please note - these photographs were taken before the Tenancy commenced.

Living Room Area 4.26m (14 ft 0in) x 3.35m (11ft 0in)
With intercom system, a radiator, timber double glazed window.

Kitchen Area. 3.1m (10 ft 2in) x 1.39m (4ft 7in)
With a range of wall and base units incorporating a sink unit/drainer, oven, electric hob and extractor hood. Laminate flooring and plumbing for a washing machine.

Bedroom 1. 3.18m (10 ft 5in) x 2.56m (8ft 5in)
With a radiator, timber double glazed unit and access to the shower room.

Shower Room. 3.8m (12 ft 6in) x 0.95m (3ft 1in)
With a tiled floor, heated towel rail, a w.c., pedestal hand basin, shower cubicle and extractor fan.

Communal Parking and Garages    We understand that flats have the benefit of two allocated garages situated in the rear courtyard.

Note    Flat 4, 6 Eleanor Street is currently let on a long 125 year lease from 4th May 2018 at a peppercorn rent and is included within the sale of the Freehold of this block.

Tenancies    The property is currently fully let (February 2022) under Assured Shorthold Tenancies and is being sold subject to the existing tenancies.

Rents obtained:
Flat 1 - £395 per calendar month
Flat 2 - £420 per calendar month
Flat 3 - £335 per calendar month

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 all of our clients to the UK's largest FEE FREE broker. In addition to being able to access hundreds of mortgages from over 80 lenders, any customer referred through our Agency also has the added benefit of FREE BUYERS INSURANCE for their onward purchase. For more details, please contact our office on 01472 311 113
https://www.landc.co.uk/online/mortgage-finder?icid=2123

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