Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1
Agent: Jackson Green and Preston Estate Agents and Property Management - Grimsby Phone: 01472 467885
<p>An attractive buy-to-let investment opportunity, located on Haycroft Street in a well-established residential area of Grimsby. The property is well positioned for the town centre, local shops, amenities and public transport links, underpinning strong and consistent rental demand.</p><p>The accommodation is well presented throughout and comprises an entrance hall, lounge, separate sitting/dining room, a smart fitted kitchen with modern units, rear lobby and a ground floor W.C. To the first floor are two well-proportioned bedrooms and a modern bathroom. The property benefits from modern décor, offering a clean and contemporary finish.</p><p>The property is currently let, with the tenant wishing to remain in occupation, producing an income of £475 per calendar month (£5,700 per annum). Comparable properties of this type and location would typically command rents in the region of £575–£600 per calendar month, indicating clear scope for rental growth, subject to statutory requirements.</p><p>The current rent reflects a gross yield of approximately 8.4%. On reversion to market rent, the potential gross yield increases to approximately 11.5%–12.0%, making this a particularly attractive investment proposition.</p><br/>EPC Rating: C
