This historic building conversion in the gorgeous former seaside town of Grimsby provides investors with the unique opportunity to invest in both style and substance at a massive £35,000 discount from market prices.
A 3-minute walk from Freshney Place Shopping Centre, The Cooperage is a centrally located piece of history that has been a staple of Grimsby town dating back to 1901. Through its renovation, the developer intends to keep as many original features as possible, making the finished product a desirable blend of old and new.
The development contains a number of 1- & 2-bedroom apartments that are set to provide an impressive return on investment of up to 19.5%. Providing residents with allocated parking behind a secure gate, the interiors follow a high specification, with state of the art fixtures and fittings throughout and an overall cool, modern feel.
The Cooperage is in the perfect town centre location and has all amenities right on its doorstep. For commuters, Grimsby train station is just a 7-minute walk away, with frequent trains to Manchester, Leeds and Sheffield.
Once the worlds largest fishing port, Grimsby itself has retained its history and heritage yet become a modern, bustling town. Activities and entertainment are always at hand, with a mix of attractive boutiques, a thriving café and bar culture, a traditional seafront, plus many museums and galleries. The town also benefits from a highly commended selection of state and private schools, as well as a respected university.
‘Resurgent’ Grimsby is catching the eye of property investors in other parts of the country who believe the town is one of the best places in the UK to put their money.
A combination of low house prices and high demand for quality rentable accommodation is proving an irresistible lure – especially against a backdrop of major new developments and the prospect of faster rail connections to London.
Risk Warning and Disclaimer:
The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.