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Grimsby, DN32

£40,000|Apartment | 2 bedroom | Leasehold
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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, 14 days
Summary
IMMEDIATE INCOME-PRODUCING INVESTMENT LET TO LOCAL AUTHORITY AT £525 PCM. Centrally located leasehold flat offering an attractive investment opportunity.
Price history
No sold price history found for this property. The chart shows the asking price changes since it was listed.
£40k£45k£50k£55kMay 26Jul 26Sep 26Asking £40,000
EPC data
Date of EPC: 5th March 2021 - Valid
EPC rating: C
Property age: 1900-1929
EPC energy efficiency rating: current 71, potential 78
Rent data
9 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £525 to £675 which represents a yield of between 15.8% and 20.3% if buying at the asking price
A yield of 17.5% to 22.5% if purchased for 90% of the asking price (£36,000)
A yield of 19.7% to 25.3% 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 £54,950 to £40,000