£147,000
Est. Mortgage £671 per month*
1 bedroom flat for sale
Lincolnshire, DN31
flat 
1 bedroom Property description
If you are a property investor and are looking to increase your portfolio then we have an attractive proposition for you.
Jackson, Green and Preston are delighted to offer to the market 7 Princes Avenue in Grimsby which is a spacious mid-terrace town house that has been converted to provide three self contained flats.
Each flat is currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £360 per calendar month which equates to an annual rental income of £12,960, representing a current investment yield of circa 8.82%.
In the Agents opinion, there is potential for a further increase in the rental value which would make this an even more attractive investment opportunity.
Each of the flats have their own separate access, double glazing and independent electric heating systems. We understand the owners have all the current required certification for letting and this would therefore be a straight forward transfer of landlord.
Jackson, Green and Preston are delighted to offer to the market 7 Princes Avenue in Grimsby which is a spacious mid-terrace town house that has been converted to provide three self contained flats.
Each flat is currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £360 per calendar month which equates to an annual rental income of £12,960, representing a current investment yield of circa 8.82%.
In the Agents opinion, there is potential for a further increase in the rental value which would make this an even more attractive investment opportunity.
Each of the flats have their own separate access, double glazing and independent electric heating systems. We understand the owners have all the current required certification for letting and this would therefore be a straight forward transfer of landlord.
Interested in this property?
Check Your Credit Report & Score 
Property photos
Council tax
First listed
Over a month agoEnergy Performance Certificate
Lincolnshire, DN31
Marketed by
Jackson Green and Preston Estate Agents and Property Management - Grimsby 19 West St. Mary's Gate Grimsby DN31 1LECall agent on 01472 467885
Placebuzz mortgage repayment calculator
Monthly repayment
£671
We think you can borrowAdd your household income
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Lincolnshire, DN31 - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Jackson Green and Preston Estate Agents and Property Management - Grimsby. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Jackson Green and Preston Estate Agents and Property Management - Grimsby for full details and further information.