Tenanted Apartments - Just 6,000 to Buy!
Back a few months in the Autumn of 2009 we were fortunate to obtain a handful of quality apartments, already tenanted, in a central location in Grimsby. These were snapped up by investors very quickly with rental yields of more than 8% and low money down of about £6K!
With net prices of just over £50K and immediate equity of £17K, with cash required of £6K, they could be an ideal investment for your children (or grandchildren) to tuck away for the future.
Sometimes good fortune smiles on us and we are lucky to have the final three units at this development. If you missed out first time around don't make the same mistake again!
Quick summary of Grimsby apartments
- Just three available
- Purpose built 1995 block.
- 25% Discount
- Deposit bridged, so low money down - just £6K
- A solid working town that has not seen largescale development. Very little property available locally either to buy or rent.
- Positive rental yields of 8.23%
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Potential 680% return on investment over five years!
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