A READYMADE INVESTMENT OPPORTUNITY, this former end-terrace house has been converted to two one-bedroomed self-contained flats, situated in this established residential position, close to Fiveways shops and amenities.
Both flats benefit from having uPVC double glazing with the ground floor flat having a gas central heating system and briefly comprise living room, kitchen, bedroom and bathroom.
Both properties are currently let and both flats achieve £325 per calendar month, which equates to a total income of £7,800 per annum which is a yield of 7.8% on the current asking price.
With gardens to the front and rear ,
A READYMADE INVESTMENT OPPORTUNITY.
Shared Entran... Read moreA READYMADE INVESTMENT OPPORTUNITY, this former end-terrace house has been converted to two one-bedroomed self-contained flats, situated in this established residential position, close to Fiveways shops and amenities.
Both flats benefit from having uPVC double glazing with the ground floor flat having a gas central heating system and briefly comprise living room, kitchen, bedroom and bathroom.
Both properties are currently let and both flats achieve £325 per calendar month, which equates to a total income of £7,800 per annum which is a yield of 7.8% on the current asking price.
With gardens to the front and rear ,
A READYMADE INVESTMENT OPPORTUNITY.
Shared Entrance Hall With a uPVC double glazed door.
Ground Floor FlatLiving Room 5.46m (17 ft 11in) plus bay x 3.3m (10ft 10in)
uPVC double glazed front entrance door, uPVC double glazed bay-window and a radiator.
Kitchen 4.15m (13 ft 7in) max x 2.7m (8ft 10in) max
Fitted with a range of base units incorporating a stainless steel sink, plumbing for a washing machine and recess for a gas cooker. Partially tiled walls, uPVC double glazed window a door.
Bedroom 4.52m (14 ft 10in) x 1.77m (5ft 10in) plus bay
With uPVC double glazed bay-window.
Bathroom Fitted with a three-piece white suite comprising bath with shower over, low-flush w.c. and wash hand basin. Partially tiled wall with uPVC double glazed window.
First Floor FlatEntrance Hall With uPVC double glazed front entrance door and stairs to first floor accommodation.
Living Room. 4.31m (14 ft 2in) max x 3.6m (11ft 10in)
With uPVC double glazed window and electric heater.
Kitchen. 2.81m (9 ft 3in) x 2.6m (8ft 6in)
With a range of wall and base units incorporating a stainless steel sink, plumbing for a washing machine and recess for an electric cooker. Partially tiled walls and uPVC double glazed window.
Bedroom. 3.7m (12 ft 2in) x 2.77m (9ft 1in)
With uPVC double glazed window and electric storage heater.
Bathroom. Fitted with a three-piece white suite comprising bath, low-flush w.c. and wash hand basin. With partially tiled walls and uPVC double glazed window.
Tenancies 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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