Park Street, GRIMSBY, Lincolnshire, DN32

A READYMADE INVESTMENT OPPORTUNITY - This former spacious mid-terrace house has been converted to provide two self-contained, two-bedroomed flats and is situated in this established position, close to Fiveways with its good range of shops and amenities.
Both properties benefit from having a gas-fired central heating system and uPVC double glazing and each briefly comprises living room, kitchen, two bedrooms and a bathroom.
Front and rear gardens.
Currently tenanted, both flats achieve £325 per calendar month, equating to a combined income of £7,800 per annum, which equates to a yield of 7.1% based on the current asking price.
A GOOD INVESTMENT OPPORTUNITY.

Ground Floor

Storm Porch    Having a communal storm porch

Ground Floor Flat

Entrance Hall    With a uPVC double glazed entrance door and a radiator.

Living Room 3.75m (12 ft 4in) x 3.32m (10ft 11in) plus bay
With a uPVC double glazed bay-window and a radiator.

Kitchen 3.32m (10 ft 11in) x 3.15m (10ft 4in)
With a range of modern light beech-effect wall and base units incorporating a stainless steel sink, gas hob, electric oven and plumbing for a washing machine. Partially tiled walls, uPVC double glazed window and also housing the central heating boiler.

Bedroom 1 4.24m (13 ft 11in) plus bay x 2.96m (9ft 9in) max
Currently used as a sitting room, with a uPVC double glazed window and a radiator.

Bedroom 2 3.93m (12 ft 11in) x 3.16m (10ft 4in) max
With a uPVC double glazed window and a radiator.

Bathroom    Fitted with a white suite comprising bath with shower over, wash hand basin and having a separate low-flush w.c. With partially tiled walls and a uPVC double glazed window.

First Floor Flat

Ground Floor,

Entrance Hall.    With a uPVC double glazed front entrance door and stairs leading to the first floor accommodation.

First Floor

Living Room. 4.92m (16 ft 2in) max x 4.24m (13ft 11in)
Two uPVC double glazed windows and a radiator.

Kitchen, 3.47m (11 ft 5in) max x 3.32m (10ft 11in) max
Fitted with a range of modern light beech-effect base units incorporating a stainless steel sink, plumbing for a washing machine and recess for a gas cooker. With uPVC double glazed window and door which leads to the external fire exit. Combination central heating boiler and a radiator.

Bedroom 1. 3.93m (12 ft 11in) x 3.16m (10ft 4in)
With a uPVC double glazed window and a radiator.

Bedroom 2. 3.19m (10 ft 6in) x 2.37m (7ft 9in)
uPVC double glazed window and a radiator.

Bathroom.    Fitted with a three-piece suite comprising bath with mixer tap and shower attachment. Low-flush w.c. and wash hand basin. Partially tiled walls, uPVC double glazed window and a radiator.

Tenancy    Both flats are currently tenanted and both achieve a passing rent of £325 each per calendar month.

Council Tax Band A    This information was obtained on the 19th October 2020 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    Are you aware of the advantages of the Government backed "HELP TO BUY" Mortgage Scheme.   If you have any questions on the "HELP TO BUY" Scheme or require any mortgage assistance, we are pleased to be able to introduce all our clients to a local Mortgage Broker, with a well deserved local reputation for offering expert, impartial advice.
Please contact our office for further details on 01472 311113.

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