Princes Avenue, Grimsby, DN31 2AA

If you are a property investor and are looking to increase your portfolio then we have an attractive proposition for you. Jackson, Green and Preston are delighted to offer to the market 7 Princes Avenue in Grimsby which is a spacious mid-terrace town house that has been converted to provide three self contained flats. Each flat is currently let on an Assured Shorthold Tenancy Agreement at a passing rent of £380 per calendar month which equates to an annual rental income of £13,680, representing a current investment yield of circa 9.3%. In the Agents opinion, there is potential for a further increase in the rental value which would make this an even more attractive investment opportunity. Each of the flats have their own separate access, double glazing and independent electric heating systems. We understand the owners have all the current required certification for letting and this would therefore be a straight forward transfer of landlord. EPC Rating: E

Living Room 4.17m x 4.29m With laminate flooring, coving, picture rail, useful under stairs storage cupboard, electric heater and uPVC double glazed bay window.

Bedroom 1 3.66m x 3.91m With electric storage heater, laminate flooring, coving, picture rail and uPVC double glazed window unit.

Kitchen 2.64m x 3.56m Partially tiled and fitted with a selection of wall and base units incorporating a sink unit with drainer and mixer tap and having plumbing for washing machine. uPVC double glazed entrance door and side screen.

Shower Room With partially panelled walls and having shower cubicle with glazed door and shower, low-flush w.c. and a hand basin. uPVC double glazed window unit.

Entrance Hall With stairs to first floor accommodation.

Landing With picture rail.

Living Room 3.63m x 4.29m With picture rail, electric heater and uPVC double glazed window unit.

Bedroom 3.68m x 3.91m With electric heater and uPVC double glazed window unit.

Kitchen 1.85m x 4.34m With selection of wall and base units incorporating a sink unit drainer and mixer tap and having electric oven and hob. Breakfast bar. Plumbing for washing machine. uPVC double glazed window unit.

Bathroom Fitted with a white three piece suite comprising panelled bath with shower over, pedestal basin and low-flush w.c. uPVC double glazed window unit. Hot water cylinder.

Flat 3 Flat 3 is accessed via the rear of the property and is a duplex apartment.

Entrance Hall With stairs to first floor accommodation. uPVC double glazed leaded window unit.

Kitchen 2.62m x 2.87m Partially tiled and fitted with a selection of wall and base units incorporating a sink unit with drainer and having electric point for cooker and plumbing for a washing machine. Two uPVC double glazed window units.

Inner Lobby With useful under stairs storage cupboard containing the hot water cylinder.

Shower Room With tiled floor and fitted with a low-flush w.c., pedestal basin and a shower cubicle with glazed door and shower. Extractor. uPVC double glazed window unit.

Living Room 2.62m x 4.57m With two electric storage heaters. Two uPVC double glazed window units.

Bedroom 2.69m x 3.56m With electric storage heater. uPVC double glazed window unit.

Driveway There is a driveway providing off-road parking for a number of vehicles.

Gardens There is gardens to the front and the driveway to the rear.

NOTE This property is privately managed by the current owner and we understand that all statutory requirements in respect of letting have been complied with. We recommend purchasers satisfy themselves prior to entering a contract of purchase.

Council Tax Band A (Each Flat) This information was obtained on the 20th February 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation. Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See

Property Management Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail ( ) for some informal advice. Further information is also available on our website at

Property To Sell Do you have a property to sell? For professional valuation advice, contact our Grimsby Office ). One of our experienced valuers will be happy to provide a free marketing appraisal of your property.

Surveys Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors. To discuss your survey needs, please contact our Survey Department on .

Sources Of Useful Information Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.

Mortgage Advice Mortgage Advice Bureau works with Jackson, Green & Preston Estate Agents to provide expert mortgage and protection advice. With access to over 12,000 mortgages from more than 90 lenders, they can help find a suitable mortgage, explain your options, recommend appropriate protection and manage the application process. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The amount payable will depend on your circumstances. The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed. Mortgage Advice Bureau is a trading name of Brook Financial Services Limited, an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited, which are authorised and regulated by the Financial Conduct Authority.

Disclaimer Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only. They have been prepared in good faith and they are not intended to constitute part of an offer of contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.