An excellent opportunity to purchase two self contained flats close to Cleethorpes town centre with excellent local amenities nearby.
A perfect investment as both flats are currently let on Assured Shorthold Tenancy Agreements. The passing rent is £450 for flat A per calendar month and £465 per calendar month for flat B, however we anticipate the rents coulee be increased in the region of £495 per calendar month which would produce a potential gross rental income of £11,880 per annum which equates to a little over a 6.83% rental yield.
Each of the flats are well presented and have modern kitchens and bathrooms with gas fired central heating and uPVC double glazing.
The first floor flat is a one bedroomed accommodation and has a driveway at the front providing off-road parking and the ground floor flat is a two bedroomed flat with parking to the rear.
The property is being sold as a whole or potentially would consider selling each flat individually.
107BGround FloorEntrance Hall With laminate flooring, coving, radiator and uPVC double glazed entrance door.
Living Room 14'7" x 13'11" (4.45m x 4.24m). With coving, timber fireplace, radiator and two uPVC double glazed window units.
Bedroom 1 12' x 11' (3.66m x 3.35m). With coving, radiator and uPVC double glazed window unit.
Bedroom 2 11'6" x 8' (3.5m x 2.44m). With good selection of fitted wardrobes. Radiator and uPVC double glazed window unit.
Kitchen 11'5" x 8'2" (3.48m x 2.5m). Partially tiled and fitted with an attractive modern white selection of wall and base units incorporating a sink unit with drainer and having integrated electric oven, gas hob and extractor canopy. There is plumbing for an automatic washing machine. Gas fired central heating boiler. Radiator and uPVC double glazed window unit.
Bathroom Tiled and having a panelled ceiling and fitted with an attractive white suite comprising panelled bath (bath with shower over), hand basin set in vanity unit and a low-flush w.c. Heated towel rail and uPVC double glazed window unit.
Driveway There is a driveway providing off-road parking to the rear.
Tenancy This property is currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £465 per calendar month but could be vacant upon completion if a purchaser wishes to reside in the property.
107AGround FloorEntrance Hall With radiator and uPVC double glazed entrance door. Stairs to first floor accommodation.
First FloorLanding With radiator.
Living Room 17'7" x 14' (5.36m x 4.27m). With electric fire set in reconstituted marble hearth with inset and timber surround. Radiator and three uPVC double glazed window units.
Bedroom 12'2" (3.71m) x 11'3" (3.44m) into chimney recess. With radiator and uPVC double glazed window unit.
Kitchen-Diner 16'10" maximum x 11'2" (5.13m maximum x 3.4m). Fitted with a good selection of modern wall and base units incorporating a sink unit with drainer and mixer tap and having plumbing for an automatic washing machine, radiator, gas fired central heating combination boiler, breakfast bar, laminate flooring and two uPVC double glazed window units.
Shower Room Fitted with a smart shower room comprising shower cubicle with glazed doors and fitted shower, low-flush w.c. and a pedestal basin. Heated towel rail and uPVC double glazed window unit.
Off-Road Parking There is off-road parking to the front of the property (would benefit from the installation of a dropped kerb).
Tenancy The property is currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £450 per calendar month.
Tenure The owner of this property currently owns the Freehold interest and would be the intension that this is to be sold on a Freehold basis. The vendor would consider granting individual leases if a purchaser would so require.
Council Tax Band A (Each Flat) This information was obtained on the 25th July 2022 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 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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This is a Freehold property.
