6 bed flat

A mixed-use period building in a residential street in Grimsby is for sale, currently comprising 4 flats and 1 commercial unit. The property has approved planning permission to convert the commercial unit into 3 garden apartments, creating a 7-unit residential scheme. The building benefits from immediate income from two rented units, and others are vacant to facilitate refurbishment and redevelopment. The property has significant uplift potential through private garden and parking additions, internal upgrades, and projected rents of £700-£950 pcm per apartment, with a conservative GDV in excess of £1m once fully refurbished.