1 bedroom apartment

Torrington Street

Size: sqm

Purchase price

£45,000

Size: sqm

Finance breakdown
Financial performance*
Gross rent £4,200
Net income £4,200
Gross yield 9.33%
Net yield 9.33%

This excellent buy-to-let investment opportunity requires some slight renovation but has an anticipated rent of £4,200 per annum which is a fantastic 9.33% NET yield. As the property is currently not tenanted it is suitable for an owner occupier looking for a place to make their own. Located on the first floor of a converted terraced house, the accommodation briefly compromises of a spacious lounge, kitchen, double bedroom and family bathroom.

The property is ideally located close to local amenities, schools and Grimsby Town centre. The town’s shopping complex, Freshney Place is visited by 400000 shoppers a year, has over 100 high street stores and employs over 2000 retail workers. The area is well-served by local bus routes, road links such as the A46, A16 and the A180 and Grimsby Town railway station which provides services to Cleethorpes, Leicester, Barton on Humber and Manchester.

Grimsby has undergone extensive projects of regeneration such as the £7.4 million Grimsby Leisure Centre which opened in 2016 and has an 8-lane swimming pool, indoor bowls, badminton and squash courts, gym and sauna and work has begun on the £20million Riverhead Square development which plans to include a cinema and restaurant complex. The town is set for further investment with plans to bring St James House into use as multi-functional venue to attract businesses and creatives into the centre. In addition to this, house prices in Grimsby have increased by 14% since 2019’s figures (Rightmove) which tells us now is an excellent time to invest. Enquire today.

EXCELLENT BUY-TO-LET INVESTMENT OPPORTUNITY - POTENTIAL 9.33% NET YIELD! One bedroom upper floor flat within easy reach of Grimsby town centre, don't miss out and enquire today.

Interested in this property? Enquire today for more information

Key features

Key features

Buy-to-let investment opportunity

Key features

Suitable for owner occupiers

Key features

Fantastic 9.33% NET yield

Key features

One bedroom upper floor flat

Key features

Requiring slight renovation

Key features

Within easy reach of Grimsby town centre

Key features

Close to shops and amenities

Key features

Excellent transport links

EXCELLENT BUY-TO-LET INVESTMENT OPPORTUNITY - POTENTIAL 9.33% NET YIELD! One bedroom upper floor flat within easy reach of Grimsby town centre, don't miss out and enquire today. More info...

This excellent buy-to-let investment opportunity requires some slight renovation but has an anticipated rent of £4,200 per annum which is a fantastic 9.33% NET yield. As the property is currently not tenanted it is suitable for an owner occupier looking for a place to make their own. Located on the first floor of a converted terraced house, the accommodation briefly compromises of a spacious lounge, kitchen, double bedroom and family bathroom.

The property is ideally located close to local amenities, schools and Grimsby Town centre. The town’s shopping complex, Freshney Place is visited by 400000 shoppers a year, has over 100 high street stores and employs over 2000 retail workers. The area is well-served by local bus routes, road links such as the A46, A16 and the A180 and Grimsby Town railway station which provides services to Cleethorpes, Leicester, Barton on Humber and Manchester.

Grimsby has undergone extensive projects of regeneration such as the £7.4 million Grimsby Leisure Centre which opened in 2016 and has an 8-lane swimming pool, indoor bowls, badminton and squash courts, gym and sauna and work has begun on the £20million Riverhead Square development which plans to include a cinema and restaurant complex. The town is set for further investment with plans to bring St James House into use as multi-functional venue to attract businesses and creatives into the centre. In addition to this, house prices in Grimsby have increased by 14% since 2019’s figures (Rightmove) which tells us now is an excellent time to invest. Enquire today.

  • Key features
    Tick Desktop Buy-to-let investment opportunity
    Tick Desktop Suitable for owner occupiers
    Tick Desktop Fantastic 9.33% NET yield
    Tick Desktop One bedroom upper floor flat
    Tick Desktop Requiring slight renovation
    Tick Desktop Within easy reach of Grimsby town centre
    Tick Desktop Close to shops and amenities
    Tick Desktop Excellent transport links
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £4,200
Net income £4,200
Gross yield 9.33%
Net yield 9.33%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.