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Grimsby, DN32

£40,000|Apartment | 2 bedroom | Leasehold|↓11.11% compared to last sold price
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Approximate area: DN32
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Added on 1st April 2026 by Jackson Green and Preston, Grimsby
On the market for 5 months, 12 days
Summary
IMMEDIATE INCOME-PRODUCING INVESTMENT LET TO LOCAL AUTHORITY AT £525 PCM. Centrally located leasehold flat offering an attractive investment opportunity.
Price history
2003 £45,000
£40k£45k£50k£55k£60k200320112019May 26Jul 26Sep 26Asking £40,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 15th June 2026 - Valid
EPC rating: D
Property age: 1900-1929
EPC energy efficiency rating: current 66, potential 74
Rent data
10 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £475 to £750 which represents a yield of between 14.2% and 22.5% if buying at the asking price
A yield of 15.8% to 25% if purchased for 90% of the asking price (£36,000)
A yield of 17.8% to 28.1% if purchased for 80% of the asking price (£32,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £2,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 6th May 2026 the asking price was reduced from £59,950 to £40,000