We are delighted to bring our investors this stunning opportunity at Clee Meadows in Grimsby, a new development of 180 houses and 80 apartments, built over 2 phases across an 11 acre site.
We have two fabulous opportunities for our investors within phase 1. Both property types are 3 storey mid-town houses, available for only £127,000.
These build complete properties have come complete with integrated appliances, turf and fencing, plus allocated parking for one vehicle.
According to local letting agents, these properties are in a great location with strong rental demand and should achieve rental amounts of £600 - £650, which equates to gross rental yields of up to 6.1%.
Reasons to Invest
- Predicted yields of up to 6.1%;
- Potential to generate a monthly surplus income of up to £420, giving a return on deposit funds invested of up to 15.9%;
- The majority of the site has already been sold to owner-occupiers;
- High specification throughout, including integrated white goods, turf and fencing;
- Lots of investment and regeneration taking place in the area, with more planned;
- Good links to the motorway network;
- Just over 1 mile from Grimsby Town railway station, ideal for commuters to Lincoln, Doncaster and Sheffield;
- 10 Year LABC Warranty;
- 2 Year defects cover period.
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