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Wellington Street, Grimsby
Offers in the Region Of £45,000

Front
Lounge
Lounge photo 2
Kitchen photo 1
Kitchen photo 2
Dining room or possible bedroom 2
Bathroom
Bed 1

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Possible two bedroom ground floor flat
Ideal investment or first time property purchase with the current tenant paying £450pcm (12% yield)
Freehold for the building including within the sale
Gas central heating and double glazing
Communal hall, hallway, lounge, bedroom, bathroom, dining kitchen and finally 2nd sitting room or bedroom
Shared front and rear gardens
No forward chain on the vendors side
Energy performance rating C and Council tax band A

Crofts Estate Agents are delighted to offer to the market this excellent investment opportunity, comprising a spacious one/two-bedroom ground floor flat together with the freehold of the building. Offered for sale with no forward chain, this is a rare chance to acquire both the property and the freehold, making it an attractive proposition for both seasoned and first-time investors.

The property has been successfully operated as a buy-to-let for a number of years and is currently tenanted, with the existing tenant keen to remain in occupation, providing an immediate rental income of £450 per calendar month, representing an impressive gross yield of approximately 12%.

Well maintained throughout, the accommodation briefly comprises a communal entrance hall, private hallway, comfortable lounge, double bedroom, bathroom, spacious dining kitchen and a versatile second reception room, which could equally serve as a second bedroom, home office or dining room to suit individual requirements. Outside, there is a shared rear garden.

With the added benefit of the freehold included in the sale, an established tenant in situ and no forward chain, this is a superb turnkey investment offering excellent value and immediate income potential. Early viewing is highly recommended.

Communal Hallway

Entrance door to the front elevation. Access to the two flats.

Ground floor flat hallway

With tiled flooring and a dado rail to the walls.

Lounge

14' 1'' x 11' 8'' (4.303m x 3.556m)

uPVC double glazed window to the front elevation. Laminate wood flooring. Gas central heating radiator. Electric fire with wooden surround with tiled backing.

Bedroom One

12' 4'' x 9' 11'' (3.753m x 3.016m)

uPVC double glazed window to the rear elevation. Laminate wood flooring. Gas central heating radiator.

Bathroom

5' 9'' x 6' 6'' (1.747m x 1.981m)

uPVC double glazed window to the side elevation. The bathroom is equipped with a white suite comprising panelled bath, close coupled w.c and a pedestal wash hand basin. Splashback tiling. Gas central heating radiator.

Kitchen/Diner

14' 11'' x 9' 5'' (4.547m x 2.877m) maximums

With double glazed window and entrance door to the side elevation the kitchen offers a range of fitted wall and base units with contrasting roll edged work surfacing with inset one and a half stainless steel sink and drainer. Splashback tiling. Gas cooker point. Plumbing for an automatic washing machine. Wall mounted Ideal Logic gas boiler. Gas central heating radiator. Tiled flooring.

Sitting or second bedroom

8' 6'' x 8' 6'' (2.601m x 2.595m)

This versatile room has been used as a small sitting room or second bedroom in the past and has two uPVC double glazed windows to the rear elevation. Gas central heating radiator. Tiled flooring.