6 bed property for sale

St. Augustine Avenue, Grimsby DN32

*** you must be an investor buyer to enquire about this property - not sold with vacant possession ***

Landlord to Landlord Service - GetAnOffer are looking for landlords to purchase this home which is currently rented and producing an income.

Offered for sale is this six-bedroom, fully licensed HMO situated on St Augustine Avenue in Grimsby.

The property presents an excellent opportunity for investors looking to add an established, income-producing rental property to their portfolio, with six tenants currently in occupation producing a Gross rental income of £28,080 per annum.

The accommodation comprises six bedrooms, a good-sized fitted kitchen, a spacious lounge/diner, a ground floor shower room and a first floor family bathroom/WC.

Externally, the property benefits from a good-sized rear garden, providing useful outdoor space for tenants.

The property is currently fully tenanted and professionally managed, providing an immediate rental income from completion.

With an existing HMO licence and compliance documentation in place, including fully established and compliant Assured Shorthold Tenancies (ASTs)/occupancy licences, this is an ideal opportunity for both experienced landlords and those looking to enter the HMO investment market.

Situated within an established residential area of Grimsby, the property benefits from convenient access to local shops, amenities and public transport links.

Grimsby town centre is also within easy reach, offering a wider range of shopping facilities, restaurants and services.

Key Investment Highlights

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  Established six-bedroom licensed HMO.
  
  
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  Six tenants currently in occupation.
  
  
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  Gross rental income of £28,080 per annum.
  
  
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  Projected net annual income of £21,060.
  
  
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  Freehold property.
  
  
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  Fully established and compliant tenancy agreements/licences.
  
  
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  Existing HMO licence and compliance documentation.
  
  
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  Professionally managed investment.
  
  
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  Immediate rental income from completion.
  
  

An excellent opportunity to acquire an established, fully occupied HMO investment generating a projected 10% net annual return, with tenants in situ and established management arrangements.

*** for further information please call: ***

Please Note:

Under the terms of The Estate Agents Act 1979 it is hereby confirmed that Future Planned Relocation Services Ltd (Get An Offer) has a legal interest in this property.

Images may be subject to photographic enhancements and staging for marketing purposes.

All details and measurements have been given for guidance purposes only. Due to the nature of our business our details are usually produced by a third party so any information supplied should be checked by yourself for any inaccuracies.

Although this property may have the facility of heating and other appliances they have not been tested at the time of our instructions.

Get An Offer makes no guarantees as to the accuracy within these property details.

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