Calling all Landlord Investors Jackson Green & Preston are offering to the market 8x self contained Flats converted from 3x former Terraced Houses and are located on Hainton Avenue in Grimsby.
An ideal investment opportunity there are 6x 1 bedroomed Flats and 2x 2 bedroomed Flats.
5 of the units are currently Let and producing an annual income of £17,812 per annum which represents an investment yield of circa 6.47% at the current asking price.
The properties are in a mix of general condition with 3 units currently unoccupied.
We anticipate a rental income if refurbished and fully let in the region of £23,400 per annum which would represent a very attractive investment return of 8.5% on the current advertised price.
There is a small garden to the front and parking to the rear.
219 Hainton AvenueEntrance HallLiving Room 11'11" x 11'7" (3.63m x 3.53m). With radiator and UPVC double glazed bay window.
Inner Hallway With radiator and storage cupboard.
Bedroom 1 11' x 9'8" (3.35m x 2.95m). With radiator and UPVC double glazed window unit.
Kitchen 11'1" x 6'5" (3.38m x 1.96m). With Vaillant combination boiler and a selection of wall and base units. Radiator.
Bathroom Low flush w.c, pedestal basin and panelled bath. Radiator.
Tenancy details - currently let at £75 per week219b Hainton AvenueGround Floor FlatEntrance LobbyLiving Room 11'10" x 11'7" (3.6m x 3.53m). With radiator and UPVC double glazed window unit.
Kitchen 11'7" x 6'3" (3.53m x 1.9m). With gas fired central heating combination boiler, selection of wall and base units, UPVC door and UPVC double glazed window unit.
Bedroom 11'2" x 6'11" (3.4m x 2.1m). With radiator and UPVC double glazed window unit.
Bathroom Partially tiled and fitted with a 3 piece suite comprising panelled bath, pedestal basin and low flush w.c. Radiator.
Tenancy details - currently Vacant219c Hainton AvenueFirst Floor FlatLanding With radiator
Bedroom 10'10" x 12'6" (3.3m x 3.8m). With radiator and UPVC double glazed window unit.
Living Room 12'10" x11'7" (3.9m x3.53m). With radiator and UPVC double glazed window unit.
Kitchen 11'9" x 6'4" (3.58m x 1.93m). With gas fired central heating combination boiler, a selection of base units incorporating a sink unit with drainer. Plumbing for washer. Radiator and UPVC double glazed window unit.
Shower Room With low flush w.c, pedestal basin and shower cubicle with glazed door and shower. Radiator and UPVC double glazed window unit.
Tenancy details - currently let at £52.50 per week219d Hainton AvenueFirst Floor FlatLanding With radiator
Living Room 14' (4.27m) (max) x 13'1" (3.98m) (max). With radiator and UPVC double glazed window unit.
Kitchen 9'5" x 5'7" (2.87m x 1.7m). With a selection of wall and base units incorporating a sink unit with drainer, electric point for cooker, plumbing for washing machine, gas fired central heating combination boiler. Radiator and UPVC double glazed window unit.
Bedroom 9'11" x 7' (3.02m x 2.13m). With radiator and UPVC double glazed window unit.
Bathroom Partially tiled with a 3 piece suite comprising panelled bath, pedestal basin and low flush w.c.
Tenancy details - currently let at £53.50 per week221a Hainton AvenueGround Floor FlatEntrance Hall With radiator.
Living Room 12'9" (3.88m) (plus bay) x 11'10" (3.61m). With reconstituted marble hearth with plaster surround. Radiator and UPVC double glazed bay window.
Bedroom 1 12'9" x 10'5" (3.89m x 3.18m). With radiator and UPVC double glazed window unit.
Bedroom 2 11'5" x 5'11" (3.48m x 1.8m). With gas fired central heating combination boiler. Radiator and UPVC double glazed window unit.
Kitchen/Diner 13'1" x 7'2" (4m x 2.18m). With a selection of base units incorporating sink unit with drainer and mixer tap, having a gas point for cooker and plumbing for washing machine. Timber double glazed door and 2 UPVC double glazed window units.
Bathroom Fitted with a 3 piece suite comprising panelled bath (bath with shower over), pedestal basin and low flush w.c. Radiator and UPVC double glazed window unit.
Tenancy details - currently vacant221b Hainton AvenueFirst Floor FlatEntrance Hall With radiator and storage cupboard.
Living Room 15'11" x 12'8" (4.85m x 3.86m). With radiator and 2 UPVC double glazed window units.
Kitchen 9'9" x 7'11" (2.97m x 2.41m). With a selection of wall and base units incorporating a sink unit with drainer and mixer tap. Radiator and UPVC double glazed window unit.
Bedroom 1 14'2" x 9'1" (4.32m x 2.77m). With gas fired central heating combination boiler. Radiator and 2 UPVC double glazed window units.
Bathroom With white 3 piece suite comprising panelled bath with mixer tap and shower attachment, pedestal basin and a low flush w.c. Radiator.
Tenancy details - currently let at £325 per calendar month223a Hainton AvenueGround Floor FlatCommunal Entrance HallLiving Room 12'10" (3.92m) (plus bay) x 11'11" (3.64m) (into the chimney recess). With radiator and UPVC double glazed bay window.
Inner Hallway With 2 radiators.
Kitchen 12'8" x 8'8" (3.86m x 2.64m). Fitted with a good selection of wall and base units incorporating a sink unit with drainer and mixer tap, having gas point for cooker, radiator, plumbing for washer and UPVC double glazed unit.
Bedroom 1 13'1" x 8'2" (4m x 2.5m). With radiator and UPVC double glazed window unit.
Bedroom 2 11'2" x 6' (3.4m x 1.83m). With Ideal Logic gas fired central heating combination boiler. Radiator and UPVC double glazed window unit.
Bathroom Partially tiled and fitted with a 3 piece suite comprising panelled bath, pedestal basin and low flush w.c. Radiator and UPVC double glazed window unit.
Tenancy details - currently let at £375 per calendar month223b Hainton AvenueEntrance Hall With radiator
Living Room 15'6" (4.72m) (into the chimney recess) x 12'9" (3.88m). With radiator and 2 UPVC double glazed window units.
Bedroom 1 14'2" x 8'11" (4.32m x 2.72m). With gas fired central heating combination boiler. Radiator and UPVC double glazed window unit.
Kitchen 9'5" x 7'11" (2.87m x 2.41m). With a selection of wall and base units incorporating sink unit with drainer and mixer tap. Plumbing for washing machine. Radiator and UPVC double glazed window unit.
Bathroom fitted with a 3 piece suite comprising panelled bath, pedestal basin and a low flush w.c. radiator.
Gardens There is a garden to the front and there is a driveway at the back for multiple vehicles accessed via an 8ft at the rear.
Council Tax Band A (Each Flat) This information was obtained on the 1st December 2023 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
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This is a Freehold property.