Low-cost BTL - Lincolnshire

Low-cost High-Yield BTL Opportunity in North East Lincolnshire

Yield: 10% ROCE: 14%

This three-bedroom, mid-terraced house presents a compelling "buy-to-let" opportunity in a well-connected Grimsby location just stone throw away from the town centre. Currently yielding 10%, this property is already generating immediate rental income with reliable long-term tenants in situ, making it a functional and efficient addition to a residential investment portfolio. Whether you are looking for a straightforward, income-producing asset or a property with future potential, this home offers solid fundamentals in a popular area.

Key Property Features
• Ready-to-Go Investment: Currently tenanted at £600 per calendar month (PCM), providing immediate cash flow upon purchase.
• Strategic Location: Situated with convenient access to Grimsby town centre and local amenities.
• Functional Layout: Spacious accommodation spread over two floors, featuring two reception areas, a kitchen, and a bathroom on the ground floor, with three bedrooms and a second bathroom on the first floor.
• Outdoor Space: Benefits from both front and rear gardens, enhancing appeal

Financial Highlights
• Purchase Price: £70,000
• Cash Investment Required: £32,500(includes SDLT, legal fees, and associated costs)
• Gross Rental Yield: 10%
• ROCE: 14%
• Annual Rental Income: £7,200

Full Support Package
This opportunity includes access to a comprehensive sourced support package, including:
• SPV company formation and accounting services.
• Specialist commercial finance solutions.
• Fully compliant HMO management via our local lettings network.

Next Steps
This asset is competitively priced and positioned for quick acquisition. To request full compliance documentation or to reserve this opportunity, please contact us today.