Turnkey BTL in Grimsby

Turnkey BTL in Grimsby

Purchase Price: £55,000
Current Rent: £110 per week (Rent review currently in progress)
Gross Yield: 10%
Tenancy Status: Sold with sitting tenant
EPC -C

Property Overview
This is a robust, ready-made Buy-to-Let addition for any portfolio focused on the North East Lincolnshire market. Located in an established residential area of Grimsby (DN32), this three-bedroom mid-terrace house offers immediate, reliable rental income from day one. The 10% yield sits perfectly within prime high-yield investment criteria, and the ongoing rent review provides immediate scope to optimise returns further.

Key Features:
- Accommodation: Three generously sized bedrooms located on the first floor.
- Living Space: Two distinct reception rooms, featuring a living room and a separate sitting room.
- Facilities: A fitted kitchen, a rear entrance lobby, and a partially tiled ground-floor bathroom.
- Outdoor Area: A rear garden that is partially laid to lawn and includes a paved patio area.
- Additional Details: Fully equipped with uPVC double glazing and a gas-fired central heating combination boiler.

This property serves as a straightforward, hands-off income generator. Positioned well for local amenities and transport links, the area continues to show strong, consistent rental demand. With the tenant already in situ and the yield easily clearing the double-digit mark, this is an ideal, hassle-free acquisition to scale a BTL portfolio efficiently.

Sourced offer a comprehensive property wealth building package in one place;

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For more information on this deal please get in touch.