Wintringham Road, Grimsby, DN32 0NX

GBP 65,000
For Sale

Property Details

Bedrooms

3

Bathrooms

1

Property Type

Terraced house

Description

Property Details: - Type: Terraced house - Bedrooms: 3 - Bathrooms: 1

Agent: CGT Lettings - Cheltenham Phone: 01242 393838

<p>Incredible investor opportunity with this vacant three bedroom terrace, with strong yield.</p><p>This three bedroom, mid terrace property, located in Grimsby, offers a compelling blend of proven rental income and future growth potential. Previously let at £595 per calendar month, it delivered a solid 9.52% gross yield. Now offered vacant, it's ready for refurbishment and re-letting at enhanced market rates.</p><p><b>Welcome to Your Secured Sale™<br/></b></p><p>At CGT, we're revolutionising the way homes are bought and sold in the UK.<br/></p><p>When you see the Secured Sale™ trademark, it means the property is marketed with transparency and crucial information upfront, ensuring a smoother, faster purchase.<br/></p><p>Each Secured Sale™ includes a comprehensive legal pack that can be reviewed and approved by your legal team in just a few days.<br/></p><p>This pack contains:<br/></p><p>•Property searches, title plans, and material facts.<br/></p><p>•Fixtures and fittings details.<br/></p><p>•Certificates and covenants affecting the property.<br/></p><p>Additionally, a transparent inspection report highlights any areas requiring further investigation, giving buyers confidence and clarity before making an offer.<br/></p><p>Once a buyer is fully informed, they can make an offer. Upon acceptance, a non-refundable fee secures the agreement, locking in both buyer and seller. This ensures peace of mind and reduces the risk of delays or fall-throughs; a hallmark of the Secured Sale™ process.<br/></p><p><b>Why Choose Secured Sale™?<br/></b></p><p>Our mission is to transform the UK property market, reducing the average transaction time to just 37 working days (compared to 170 days for the traditional method).<br/></p><p>A Secured Sale™ is not just a property transaction; it's a commitment to transparency, trust, and efficiency. By providing buyers with all essential details upfront, we shift from traditional “subject to contract” sales to financially secure agreements that benefit everyone involved.<br/></p><p><b>Discover the future of property transactions with Secured Sale™.<br/></b></p><p>Previous rent: £595 pcm</p><p>Gross yield: 9.52% (based on £65,000 sale price) </p><p>Estimated refurb cost: £5,000–£8,000 </p><p>Comparable: property on same street advertised at £600 pcm </p><p>Potential yield: 11% </p><p>The house comprises three bedrooms; two spacious doubles and one smaller that could be a nursery or a study, there's a functional shower room, a cosy living space and a dedicated dining room. This is all within a high demand rental area.</p><p>This is a prime opportunity for buy-to-let investors seeking a project, to with strong fundamentals. With no onward chain and immediate possession available, you can move quickly to refurbish and re-let for maximum returns. </p><p>Tenure: Freehold</p><p>EPC Rating: C</p><p>Council Tax Band: A</p><p>Parking : Street </p><p><br/></p>

Location

Address

Wintringham Road, Grimsby, DN32 0NX

City

DN32 0NX

Features and Finishes

None

Legal Notice

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