Mansel Street, Grimsby, Lincolnshire, DN32 7QX

This two-bedroom terraced house is offered **for sale** as an investment property, with a long-term tenant in situ currently paying £500 per calendar month, producing a reported gross yield of 12%. The house is described as being in good condition and provides practical accommodation suited to ongoing rental use.

Internally, the property comprises one reception room, a fitted kitchen and a bathroom, together with two double bedrooms on the upper floor. The layout offers a straightforward arrangement that is easy to manage and maintain. The property has an EPC rating of C and falls within Council Tax Band A.

Situated in Grimsby, the house benefits from access to a broad range of local amenities. Grimsby town centre offers supermarkets, local shops, cafés and services, while nearby parks provide open green space for recreation. The area is also served by primary and secondary schools, making it a practical location for tenants.

Public transport is available via Grimsby Town railway station, which provides services to destinations including Cleethorpes, Lincoln and Manchester, with journey times to Lincoln typically around one hour. Local bus routes connect residential areas with the town centre and surrounding districts, supporting convenient daily travel.

This two-bedroom terraced house represents an investment opportunity with an established rental income stream and existing tenant in place.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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FOR SALE VIA MODERN AUCTION This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would (truncated)