Guide price
£290,000
10 bed property for saleWest Parade, Grimsby DN31
10 beds
10 baths
10 receptions
EPC Rating: C
- Freehold
Farrow Estate Agents
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About this property
Great Investment Opportunity
All On Separate Utilities
10 Separate Dwellings (Apartments)
2 Large Converted Victorian Terraces
Stones Throw To Grimsby Town Centre
Currently Partly Tenanted
Potential Annual Rental Earnings Of £60k
Slight Refurbishment Required
Short Walk To Amenities
Farrow Estate Agents are delighted to offer to the market this two large Victorian Terraces which have been converted into 10 separate dwellings, comprising of 8 apartments and 2 bedsits. Though a slight scheme of modernisation is required, this unique proposition presents a potential investor / landlord an opportunity to purchase a ready made set of homes.
With some of the apartments currently occupied by tenants, the potential owner could be achieving an annual rent of £60,000 from both blocks.
Each of the first eight apartments comprises of a lounge, kitchen, bathroom and double bedroom. Whilst the two bedsits comprise of a combined, open plan Living and Sleeping Area with a separate Bathroom and Kitchen.
All dwellings are on separate utilities.
Externally, there is a secure courtyard to the rear of the building that has ample space for relaxation as well as a designated smoking area. This substantial building has the added benefit of being only a short walking distance to Grimsby Town Centre, with its many amenities such as shopping centres, restaurants and good transport links.
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