Wellington Court, Grimsby, Lincolnshire, DN32

Reeds Rains are now in receipt of an offer for the sum of £22,500 for 9 Wellington Court, DN32 7JY.

Anyone wishing to place an offer on the property should contact Reeds Rains, 6 Bethlehem Street, before exchange of contracts.

Presenting a unique opportunity for sale, this one-bedroom flat, situated on the first floor, offers a wealth of potential for both first-time buyers and seasoned investors. The property is currently in a state that requires renovation, making it an ideal canvas for those wishing to put their own stamp on a future home or investment property.

The flat boasts a generous layout, comprising one spacious reception room, a kitchen, a bedroom, and a bathroom. Despite needing some TLC, the property's rooms offer a solid foundation for refurbishment and the potential to create a comfortable and modern living space.

The property carries an EPC rating of 'D', and falls within council tax band 'A', keeping your outgoings relatively low. The flat's potential rental income is estimated to be £475 per calendar month, which translates to a high gross yield of 25.3%. This indicates a significant return on investment for those seeking to venture into the rental market.

In terms of location, this property is in a prime spot, in close proximity to numerous amenities and transport links. This enhances its appeal to a broad range of prospective buyers, including commuting professionals and those who value convenient access to local facilities.

In summary, this flat presents a superb opportunity to purchase a property with great potential. Whether you are a first-time buyer looking to step onto the property ladder or an investor seeking a lucrative opportunity, this flat could be the ideal fit.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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