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

This three-bedroom, mid-terraced house presents a compelling "buy-to-let" opportunity in a well-connected Grimsby location, just a stone's throw away from the town centre. With a rental market value at £625 pcm, yield would be 11% making it a functional and efficient addition to any residential investment portfolio. Whether you are looking for a straightforward, income-producing asset or a property with potential, this home offers solid fundamentals.

A Prime Investment Location !!
Grimsby is a growing rental market with a population of approximately 85,000 and a strong economy driven by ports, logistics, and the UK's expanding offshore wind sector. The town attracts a steady flow of contractors, professionals, and skilled workers, creating consistent demand for quality shared accommodation.

Investment & Regeneration
Grimsby has benefited from over £67 million of regeneration funding in recent years, including the redevelopment of Freshney Place, a new leisure and retail quarter, town centre improvements, and the Horizon Youth Zone. Looking ahead, further investment is planned through the Freshney Place redevelopment, a new transport hub, waterfront housing schemes, and continued expansion of the Humber offshore wind industry, all supporting employment growth and long-term rental demand.

Key Property Features
• Priced at £68,000, this property is ideally positioned for investors looking to expand their footprint in the Grimsby area.
• Situated with convenient access to the town centre, local amenities and the A180 motorway.
• Spacious accommodation featuring a bright entrance hallway, a large living room, a separate dining room, a fitted kitchen, and a family bathroom. The first floor hosts three well-sized double bedrooms.
• Benefits from secure, low-maintenance front and rear gardens, enhancing curb appeal and tenant usability.

Financial Highlights
• Purchase Price: £68,000
• Cash Investment Required: £26,250 (includes SDLT, legal fees, and associated costs)
• ROCE: 18%*
• Gross Rental Yield: 11%*
• Annual Rental Income: £7,500 (based on £625 PCM)

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 management via our local lettings network.

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

Sourced reference: 613214517143726