42a Swinegate, Grantham

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42a Swinegate, Grantham

Offers in excess of £65,000 CASH BUYERS ONLY!

FASTSALEESTATEAGENT.CO.UK are pleased to offer for sale this period two bedroom first floor flat. The property is situated in a very desirable location and is close to Grantham town centre. Located in this historic part of town and offering an ideal opportunity to any investments, this character apartment must be viewed to be fully appreciated THE PROPERTY IS AVAILABLE WITH IMMEDIATE VACANT POSSESSION. In brief the property comprises of entrance hall, lounge, kitchen, two bedrooms and a bathroom. Externally the property has a balcony terrace area which over looks the stunning Grade I St Wulfram Church and its grounds. The property also has the benefit of electric storage heaters. The property could benefit from some modernisation. The vendor has advised that the property benefits from a long lease. The ground rent is £25 per year and there is NO service charge. The freeholder is Belvoir Builders and the insurance of circa £300 per year is payable to them. This is a fantastic investment opportunity with a rental income of £5,100 per annum and a yield of more than 7% Grantham is well appointed village where there is an excellent train service to London Kings Cross with a journey time of approximately 65 minutes. The major centre of Nottingham is approximately 30 miles away and the historic towns of Stamford and Oakham with their renowned Public Schools are both approximately 25 miles away. There are various local primary schools in the district and two excellent and sought after Grammar schools for boys and girls at nearby Grantham.

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42a Swinegate, Grantham

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