Legsby Avenue, Grimsby, N R Lincolnshire, DN32 0NE

A licensed five-bedroom HMO offering approximately 1,401 sq. ft. of accommodation and potential gross rental income of £24,436 per annum at full occupancy. An opportunity for professional landlords to expand their portfolio within an established residential area of Grimsby.

Step Inside:-

Offering five lettable bedrooms alongside dedicated shared facilities, Legsby Avenue presents an opportunity for professional landlords and investors seeking to expand their HMO portfolio. Extending to approximately 1,401 sq. ft., the accommodation is arranged over two floors, with a layout that separates private bedrooms from the principal communal living space.

The entrance hallway serves two ground-floor bedrooms, including a bay-fronted room. To the rear, the communal kitchen-diner provides space for residents to cook, eat and relax together, adding a useful shared living area beyond their individual rooms.

The kitchen is fitted with a range of white wall and base units, contrasting work surfaces, tiled splashbacks, a built-in oven and gas hob. An adjoining utility room provides a separate area for laundry appliances, with a ground-floor WC completing this level.

Upstairs, three further bedrooms are served by both a bathroom and a separate shower room, each incorporating a WC. This arrangement provides shared facilities across both floors, a practical consideration for multi-occupancy accommodation.

The property is described as holding a current HMO licence. Based on the supplied rental projections, potential gross annual income is £24,436 at full occupancy. Applying a 75% occupancy assumption to the same rental basis produces an illustrative gross annual income of £18,327. These figures provide a starting point for investors to assess the opportunity against their acquisition and operating costs.

Step Outside:-

The property has a traditional red-brick frontage, with a ground-floor bay window and a recessed entrance approached through a small front garden bounded by brick walling and established hedging. There is also a small, fully enclosed rear garden for the use of tenants.

Location:-

Legsby Avenue sits within an established residential area of Grimsby, with access to local amenities, public transport links and the town’s wider services and employment centres. For landlords assessing the property’s letting appeal, the setting offers a practical base for residents seeking shared accommodation within reach of everyday essentials.

Investment Information:-

Rental figures are supplied projections, rather than confirmation of current income, and are stated before operating expenses, management fees, maintenance and other ownership costs. Actual income will depend on rents achieved, occupancy and rent collection. Purchasers should verify the current tenancy position, rental schedule, HMO licence and its conditions, together with the property’s compliance documentation. Neither occupancy nor rental income is guaranteed.

ENTRANCE HALL

LOUNGE 15' 4" x 11' 6" (4.67m x 3.5m)

SITTING ROOM 13' 3" x 9' 10" (4.04m x 3m)

KITCHEN/DINER 25' 7" x 12' 1" (7.8m x 3.68m)

BEDROOM ONE 14' 11" x 13' 7" (4.55m x 4.14m)

BEDROOM TWO 13' 3" x 9' 10" (4.04m x 3m)

BEDROOM THREE 10' 1" x 9' 10" (3.07m x 3m)

Agents notes to buyer's Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property. These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees. Buyers should ensure they seek appropriate financial advice and budget accordingly.