£42,000 /Sale price

(WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH)This is a first floor flat located in this prominent position on Algernon Street in Grimsby.The property is currently let on an Assured Shorthold Tenancy agreement with a passing rent of £95 per week and therefore is a readymade investment perfect for a landlord to add to their portfolio.The current passing rent is £4,940 per annum which represents a yield of 11.76% on the current asking price.It comprises communal entrance on the ground floor with communal hallway. The first floor has landing, living room, kitchen with fitted wall and base units, bedroom and bathroom with a white three piece suite (bath with shower over).It has the benefit of gas fired central heating and extensive uPVC double glazing.AN EXCELLENT INVESTMENT.