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Posting for 2+ years
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2 bedroom flat in Willingham Street, Grimsby, DN32 9QD

Grimsby, Lincolnshire

£65,000.00

Posting for 2+ years

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Posted
15 hours ago
Seller Type
Agency
Property Type
Flat
Number Of Bedrooms
2

Description

Below Market Value

Readymade and Income Producing 2 Bedroom Flat

Willingham Street, Grimsby, DN32 9QD

Purchase Price = £65,000

Market Value = circa £80,000

Finder¢--s Fee = £4,000 + Vat

Potential Gross Income = £440 pcm = £5,280 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £167 pcm = £2,004 per annum

Self Managed = £220 pcm = £2,640 per annum

For a limited time only, we have managed to secure a readymade and income producing 2 bedroom flat within proximity to Grimsby Town Centre.

The property comprises two bedroom, a bathroom, and one allocated parking space.

The property is currently rented producing £5,280 per annum.

The property is conveniently situated in a location within proximity to great transport links, the town centre, and all local amenities.

Lease: 999 Years remaining

Ground Rent: £85 per annum

Service Charges: £600 per annum
Agent: Property Investor App Limited
Agent Ref: 000061020_40

Ad ID: 1423675074


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