£70,000
(£145/sq. ft)
1 bed flat for saleElmer Street North, Grantham NG31
1 bed
1 bath
1 reception
484 sq. ft
EPC Rating: E
- Freehold
David Grace
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About this property
Opportunity to Acquire an Already Tenanted Property
Great 7.54% Yield - Immediate Return on Investment
Currently Rented for £440 pcm
Potential Rental with Renovation up to £600
Prime Central Location - Situated on Elmer Street North in the Heart of Town
Direct High Street Access - Convenient Access to Shops, Amenities, and Services
Excellent Transport Links - Close to Grantham Train Station and the A1 for Easy Commuting
Shower Room - Practical and Low Maintenance
Value-Add Opportunity- Scope for Improvements to Increase Rental Value and Boost Yield
EPC - E
Great opportunity for an investor to acquire a property with a tenant in it. Offering a 7.54% yield, this property offers instant return on your money. This is a one bedroom flat on Elmer Street North, offering a convenient location in the heart of Grantham. There is access directly onto the High Street, close to great transport links like the trainline and the A1.
The flat has one bedroom, shower room, a kitchen and a lounge/diner. With some works the rent could be increased to produce a stronger yield.
EPC Rating: E
Kitchen (2.06m x 3.35m)
Lounge (4.30m x 4.98m)
Shower Room (2.06m x 1.63m)
Bedroom (2.51m x 4.98m)
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