Block of flats for sale

Duke Street, Grimsby DN32

Offering both strong income and long-term potential, this terraced property on Duke Street, Grimsby has been converted into two self-contained flats, each with its own leasehold title, while the building itself is held on a separate freehold title.
Currently let at a combined £875 pcm (£10,500 per annum) and priced at £100,000, the property delivers a strong gross yield of 10.5%. With tenants already in place, it provides immediate rental income alongside the prospect of future capital growth.
Spanning approximately 1,151 sq ft, the property is accessed via a single front door leading into a shared lobby with two separate flat entrances. Each flat comprises one bedroom and one bathroom, with the rear yards included in the ground floor tenancy. With EPC ratings of C and Council Tax Band A, it represents a low-maintenance, high-yielding investment.
Situated in DN32, Grimsby, Duke Street is a well-established residential location close to shops, schools, and transport links. The town centre and Grimsby Docks are both within easy reach, supporting consistent tenant demand.
This property combines reliable income with the reassurance of established titles already in place, making it a straightforward, ready-to-go addition to any portfolio"