Property description
ONE INVESTMENT PROPERTY REMAINING OF THIS EXTREMELY POPULAR DEVELOPMENT OF 12 STYLISH TOWN HOUSESInvestment properties on this select modern development currently let at ú600 P.C.M per property, sold individually or as a pair. This rare opportunity offers an excellent yield which will require very little further investment over many years.Section 106 Agreement : Please note that both of these properties are subject to a 106 Agreement requiring them to be used as rental properties only, currently let at ú600 P.C.M each tenant is responsible for the cost of services and at time of writing this brochure the property is fully let and we are informed by the vendor that this has been the case for some considerable time.Completed around 5 years ago, benefiting from a self contained location in a cul-de-sac forming part of the Ladysmith Road area redevelopment.
LOCATION
The properties are located on Ladysmith Road, Grimsby. Situated approximately 1.3 miles from Grimsby Town centre and approximately 2 miles from Cleethorpes Town centre and the seafront. The surrounding area has recently undergone some regeneration with new housing developments and commercial enterprises.
ACCOMMODATION
The properties are arranged on three floors and briefly comprise as follows:
ENTRANCE HALL - 17' 4\" x 4' 3\" (5.28m x 1.3m)
GROUND FLOOR CLOAKS/W.C. - 5' 11\" x 3' 2\" (1.8m x 0.97m)
GARDEN ROOM/PLAYROOM - 16' 6\" x 9' 6\" (5.03m x 2.9m)
DINING KITCHEN - 17' 5\" x 8' 3\" (5.31m x 2.51m)
LOUNGE - 16' 6\" x 9' 6\" (5.03m x 2.9m)
STUDY/BEDROOM 4 - 7' 9\" x 5' 10\" (2.36m x 1.78m)
MASTER BEDROOM - 11' 4\" x 8' 9\" (3.45m x 2.67m)
EN-SUITE - 5' 6\" x 5' 2\" (1.68m x 1.57m)
BEDROOM 2 - 9' 8\" x 8' 9\" (2.95m x 2.67m)
BEDROOM 3 - 9' 6\" x 7' 3\" (2.9m x 2.21m)
AGENTS NOTE
Each property is let at ú600 per calendar month. Each tenant is responsible for the cost of services and at the time of writing this brochure, the property was fully let and we are informed by the vendors that this has been the case for some considerable time.
FAMILY BATHROOM - 7' 3\" x 5' 10\" (2.21m x 1.78m)
SERVICES
Mains gas, water and electricity are connected to each property.
CENTRAL HEATING
The properties benefit from gas fired central heating to panelled radiators.
DOUBLE GLAZING
The properties enjoy the benefit of laminated timber double glazed windows.
NHBC GUARANTEE
The properties were completed in 2009 and benefit from a ten year guarantee for inherent defects.
FIXTURES & FITTINGS
Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.
DISCLAIMER
*The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
VIEWINGS
Strictly by appointment with the sole agents.
MORTGAGES
We will be pleased to offer independent advice regarding a mortgage for this property, details of which are available from our Barton office on 01652 462462. Independent advice will be given by Licensed Credit Brokers. Written quotations on request. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
VALUATION/ MARKET APPRAISAL
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