Pro Seller · View My Profile
· 01472 251918
You have no shared connections.
· Joined: Feb 18, 2011
£125,000
7 bed Terrace / Town House
1 / 7
Price:
£125,000 Get Prequalified Today
Contact:
01472 251918
BR/BA:
7 BR, 7 BA
Location:
Littlefield, Lincs
Description:
INVESTMENT PROPERTY - Large period town house arranged as seven bedsits, close to Grimsby town centre and ideally situated for the college and Diana, Princess of Wales Hospital. When fully let gross income of circa 20,000 per annum. (Based on six let bedsits).
INTRODUCTION
INVESTMENT PROPERTY - Large period town house arranged as seven bedsits, however currently licensed for six close to Grimsby town centre and ideally situated for the college and Diana, Princess of Wales Hospital. A well-maintained and presented investment property, professionally converted into seven well-furnished bedsits with all certification to emergency lighting, smoke alarm and gas certificate currently in place. Each bedsit is self-contained with a shower cubicle, vanity hand-basin, dressing table and a wardrobe. There is a separate communal area which includes a sitting room, well-fitted kitchen and a bathroom with bath and shower over. Three additional w.c.'s. All furniture and furnishings currently in place will be included with the sale.
Recent/historical income has been circa 65.00 per week, per room - which includes a contribution towards electric, gas, water and rates, etc. The property has been well-maintained and in recent times, benefitted from a refurbishment including central heating.
LOCATION
The property is ideally located within walking distance of the town centre, where you will find Freshney Place Shopping Mall with its full range of high street retailers, as well as the specialist individual traders along the pedestrian shopping streets and arcades. Excellent transportation links are also close by including the railway station, bus services and A180/motorway links.
PARTICULARS OF SALE
ENTRANCE HALL
Ballustrade and spindle staircase. Radiator.
BEDSIT 1 5.21m(17'1'') into bay x 4.25m(13'11'') cbr
Double glazed bay window. Double radiator. Double bed. Vanity hand basin with cupboards below. Shower cubicle and dressing table top.
BEDSIT 2 3.83m(12'7'') x 3.70m(12'2'')
Window to rear elevation. Double bed. Vanity hand basin. Shower cubicle. Tall storage cupboard. Double radiator. Dressing table top with drawers below.
SEPARATE W.C.
Double glazed window to side elevation. Close coupled w.c.
SEPARATE BATHROOM
Window to side elevation. Panelled bath with shower over.
SITTING ROOM 3.64m(11'11'') x 3.65m(12'0'')
With four armchairs. Radiator. Television. uPVC double glazed door flanked either side by windows to side elevation.
KITCHEN 3.63m(11'11'') x 2.38m(7'10'')
Light oak wall and base cabinets with contrasting worktops incorporating a sink drainer. Electric cooker. Fridge and freezer. Microwave oven. Tiled floor and window to side elevation.
BEDSIT 3 4.16m(13'8'') x 3.45m(11'4'') inc. w.c. area
Large double bedroom with uPVC double glazed door to side elevation. Radiator. Door to w.c. with close coupled w.c. Door to shower room with walk-in shower cubicle, pedestal hand-basin. Door to boiler room.
FIRST FLOOR ACCOMMODATION
SPLIT LEVEL LANDING
With two radiators.
STORE ROOM
off landing.
BEDSIT 4 4.28m(14'1'') x 3.75m(12'4'')
Two double glazed windows to front elevation. Double bed. Radiator. Shower cubicle, vanity hand basin. Tall storage cupboard. Dressing table with drawers.
BEDSIT 5 3.82m(12'6'') x 3.73m(12'3'')
Window to rear elevation. Double bed. Radiator. Vanity hand basin, shower cubicle, dressing table and store cupboard.
TWO SEPARATE W.C. AREAS
With hand basin.
BEDSIT 6 3.20m(10'6'') x 2.56m(8'5'')
Window to side elevation. Shower cubicle. Vanity hand basin with cupboards below. Tall storage cupboard.
BEDSIT 7 3.57m(11'9'') x 3.68m(12'1'')
Window to rear elevation. Vanity hand basin. Shower cubicle. Radiator. Dressing table and double bed.
PLEASE NOTE : that the current HMO Licence is for six bedsits to be let at any one time. An application to the appropriate authority would have to be made to increase this to seven, if required.
NOTE
Hot water for shower and hand basins are all independent to each bedsit room.
OTHER INFORMATION
TENURE
We are advised by the owners that the property is Freehold, although we have not had confirmation from the Solicitors.
INCOME
When let, this property would achieve a gross income of 20,000 (based on 65 pw per bedsit). Running costs of Council Tax, utilities and repairs and renewals would need to be taken off this income.
PLEASE NOTE : that the current HMO Licence is for six bedsits to be let at any one time. An application to the appropriate authority would have to be made to increase this to seven, if required.
LOCAL AUTHORITY
North East Lincolnshire Council - Telephone 01472 313131.
SERVICES
All mains services are available or connected subject to the statutory regulations. We have not tested any heating systems, fixtures, appliances or services.
VIEWING
By appointment with the sole selling agents LOVELLE BACONS ESTATE AGENCY, telephone Grimsby Office (01472) 251918 or Humberston Office (01472) 812250.
We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.
MORTGAGE ADVICE
Budgeting correctly and choosing the right mortgage for a move is vital. For independent mortgage and insurance advice call our office on 01472 251918 to arrange an appointment.
FLOOR PLAN GROUND
FLOOR PLAN FIRST
These particulars are for guidance only. Lovelle Bacons Estate Agency, their clients and any joint agents give notice that:-
They have no authority to give or make representations/warranties regarding the property. These particulars do not form part of any contract and must not be relied upon as statements or representation of fact.
All measurements/areas are approximate. The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
Property Type:
Single-Family Houses
Amenities:
Refrigerator, Storage, TV
For sale by:
Agent/Broker
Phone:
01472 251918
Posted:
Contact:
01472 251918
-
Let me know if you have any questions. – Lovelle Estate Agency
Ask a question or leave a comment...
More About this Listing: 7 bed Terrace / Town House
7 bed Terrace / Town House is a Seven Bedroom 7.5 Bath Houses for Sale in Littlefield LIN. Find other listings like 7 bed Terrace / Town House by searching Oodle Marketplace for Seven Bedroom 7.5 Bath Houses for Sale in Littlefield LIN.
7 bed Terrace / Town House is a Seven Bedroom 7.5 Bath Houses for Sale in Littlefield LIN. Find other listings like 7 bed Terrace / Town House by searching Oodle Marketplace for Seven Bedroom 7.5 Bath Houses for Sale in Littlefield LIN.