Company Name: North Lets Ltd
We are pleased to offer this first floor flat on Cosgrove Street, Grimsby, now reduced to £64,000 to encourage a swift sale.
Offered with vacant possession and no forward chain, this property presents an excellent opportunity for investors seeking a straightforward purchase with strong rental potential.
The property is situated within a converted building and accessed via a secure communal entrance, and also benefits from access to a private rooftop terrace.
The property would benefit from refurbishment throughout, providing clear scope to add value.
Once improved, the property is expected to achieve a rental income in the region of £575–£600 pcm, based on comparable properties in the area. This offers a potential gross yield of approximately 10–11%, subject to purchase price and rental achieved.
The property is accessed via a shared communal entrance, with a staircase rising to the first floor.
Tenure: Leasehold - Aprox 63 years left remaining
EPC: E
Council Tax band A
Tenure : Leasehold
Council Tax Band : A
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