Auction Property 3 Bed House - Terraced 

Tunnard Street, Grimsby

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Features

  • Auction Date: 19th & 20th May 2021
  • Three-bedroom terrace property
  • Readymade investment
  • Tenant in situ
  • Currently let at £400 pcm (£4,800 pa)
  • Current gross yield of 10.67%
  • Approx. 78 Sq. M / 839.58 Sq. Ft
  • GCH & UPVC double glazing
  • Close to the town centre
  • On street parking

Quick Details

3 Bedrooms

Address

13 Tunnard StreetGrimsbyLincolnshireDN32 7LS
Details
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Property Details

•Online Auction: 19th & 20th May
•Guide Price: £45,000+
•Three-bedroom terrace property
•Ideal investment property
•Current income of £4,980 pa
•Freehold

•Online Auction: 19th & 20th May
•Guide Price: £45,000+
•Three-bedroom terrace property
•Ideal investment property
•Current income of £4,800 pa
•Freehold

The property is located on the northern side of Tunnard Street in Grimsby, North Lincolnshire. Grimsby is currently undergoing a program of regeneration and as such is attracting major national employers to the area. The property is conveniently located just under a mile from the town centre, offering a variety of shopping facilities and amenities.

Briefly, the property comprises an open plan lounge/dining room, fitted kitchen, bathroom, three bedrooms and a good-sized rear garden. The property also benefits from gas central heating and UPVC double glazing throughout.

Accommodation

Approx. 110 Sq. M / 1,184 Sq. Ft.
(Measurement taken from the EPC)

Services

We understand the property is connected to mains gas, electricity, water, and drainage. However, interested parties are advised to carry out their own investigations.

Investment Analysis

The property is currently let to long standing tenants at £400 pcm (£4,800 per annum). This reflects a current gross yield of 10.67 %, based on the guide price.

Council Tax

The property is rated in Council Tax Band A. Council tax payable for 2021/22 is £1,346.

Tenure

Freehold

Guide Price

£45,000+

Buyer’s Premium

2% (min. £3,600) inc. VAT.

Location Map

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