A Portfolio of 5 properties located in Grimsby with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord. For investors looking for a rewarding investment, this is a brilliant opportunity! 32 Pennistone Place is a three-bedroom end-terrace house featuring a lounge, kitchen, and three-piece bathroom, built in 2008. 34 Pennistone Place is a three-bedroom mid-terrace house with a lounge, kitchen, and three-piece bathroom, also built in 2008. 44 Pennistone Place is a three-bedroom end-terrace house offering a lounge, kitchen, and three-piece bathroom, built in 2008. 50 Pennistone Place is a three-bedroom detached house that includes a lounge, kitchen, and three-piece bathroom, built in 2008. 54 Pennistone Place is a three-bedroom semi-detached house with a lounge, kitchen, and three-piece bathroom, built in 2008. Together, the portfolio provides a total of fifteen bedrooms, five lounges, five kitchens, and five bathrooms. Each property also benefits from its own designated parking space. Investment details The portfolio currently produces an annual gross income of £46,740 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio. For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us. Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
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.
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