Ladysmith Road, GRIMSBY, Lincolnshire, DN32

A superb investment opportunity to purchase a ground floor flat and two, two bedroomed houses, in this favourable letting area, on Ladysmith Road.
All three properties are well presented, being decorated in neutral shades and featuring modern kitchen units and uPVC double glazing, with flat 84a and one of the two bedroomed houses (86) having gas central heating and a garden with off-road parking.
84 comprises hall, living room and kitchen to the ground floor with 2 bedrooms and bathroom to the first floor.
Ground floor flat 84a comprises living room, kitchen, bedroom and bathroom to the ground floor, garden and off-road parking.
86 comprises hall, living room and kitchen to the ground floor with 2 bedrooms and bathroom to the first floor, garden and off-road parking.
The properties are currently let on Assured Shorthold tenancies with a combined rental income of £1,096PCM (£13,159PA), equating to an 8.22% yield on the asking price.
Whilst the property is being advertised for sale as a portfolio, the properties are also for sale individually, GFF 84a at £40,000, 84 at £55,000 and 86 at £65,000.
A SUPERB INVESTMENT OPPORTUNITY.

2 Bedroomed House - No.84    A two-bedroomed house benefiting from uPVC double glazing and electric wall-mounted heaters.

Entrance Hall    With uPVC entrance door.

Living Room 3.5m (11 ft 6in) x 2.75m (9ft 0in)
With a modern wall-mounted electric heater, uPVC double glazed window and fashionable laminate flooring. Opens onto.....

Kitchen 3.74m (12 ft 3in) maximum x 2.51m (8ft 3in) maximum
Having a good range of modern light beech-effect wall and base units, incorporating a stainless steel sink, plumbing for a washing machine and an electric point for cooker. With partially tiled walls, electric wall-mounted heater, uPVC double glazed window and fashionable laminate flooring.

First Floor

Bedroom 1 3.81m (12 ft 6in) maximum into chimney recess x 3.5m (11ft 6in)
With a uPVC double glazed window and a wall-mounted electric heater.

Bedroom 2 3.74m (12 ft 3in) x 1.79m (5ft 10in)
With a uPVC double glazed window, wall-mounted electric heater and coving to ceiling.

Bathroom    Fitted with a three-piece white suite comprising panelled bath, low-flush w.c. and a pedestal basin. With partially tiled walls, uPVC double glazed window and an extractor.

2 Bedroomed House - No.86    A two-bedroomed house over two floors, benefiting from gas central heating and uPVC double glazing.

Kitchen    With a good range of modern white wall and base units, incorporating a stainless steel sink, plumbing for washing machine and a gas point for cooker. Partially tiled walls, uPVC double glazed window and entrance door. Opens onto.....

Living Room 4.17m (13 ft 8in) maximum x 2.94m (9ft 8in)
With front and side facing uPVC double glazed windows, a radiator and laminate flooring.

Bedroom 3.58m (11 ft 9in) maximum x 3.69m (12ft 1in) maximum
With a uPVC double glazed window and a radiator.

Bathroom    Having a three-piece coloured suite comprising panelled bath, low-flush w.c. and a pedestal basin. Partially tiled walls, uPVC double glazed window, a radiator and also housing the combination boiler.

Ground Floor Flat - No.84A    A one-bedroomed, self-contained ground floor flat benefiting from uPVC double glazing and gas central heating.

Hall    With uPVC front entrance door.

Living Room 5.21m (17 ft 1in) maximum x 3.56m (11ft 8in)
With front and rear facing uPVC double glazed windows, laminate flooring and a radiator.

Kitchen 2.88m (9 ft 5in) x 2.51m (8ft 3in)
Having an excellent range of modern light beech-effect wall and base units incorporating a stainless steel sink, integrated gas oven, hob and extractor and plumbing for a washing machine. With partially tiled walls, a radiator, uPVC double glazed window and a rear entrance door.

First Floor

Bedroom 1 3.43m (11 ft 3in) maximum x 3.61m (11ft 10in) maximum
With a uPVC double glazed window and a radiator.

Bedroom 2 3.61m (11 ft 10in) maximum x 3.56m (11ft 8in) maximum
uPVC double glazed window, a radiator and a handy built-in cupboard.

Bathroom    Fitted with a three-piece white suite, comprising panelled bath, low-flush w.c. and a pedestal basin. Partially tiled walls, uPVC double glazed window and a radiator. Also housing the "Ferroli" combination boiler.

Tenancies    All three properties are currently let on Assured Shorthold Tenancies.
84 is let at £85 per week
84a is let at £70 per week
86 is let at £98 per week

On the current tenancies there is a combined rental income of £1,096 PCM (£13,156 PA).

Tenure    The property will be sold as Freehold. All interested parties are advised to make their own enquiries.

Council Tax Bands A    This information was obtained on the 7th May 2021 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.

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

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.

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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