Peaks Avenue, New Waltham, Grimsby £175,000

A handsome detached property currently arranged as two one-bedroom flats, offering an excellent investment opportunity with potential rental income of approximately £1,200 PCM. With its own utilities, separate rear access, two driveways providing parking for three cars and a garage, the property also offers fantastic potential to convert back into a spacious four-bedroom family home. Ideally positioned close to highly regarded schools and a wealth of local amenities, with some cosmetic improvement required.

DESCRIPTION
Situated in the ever-popular village of New Waltham, this handsome detached property offers a rare and exciting opportunity for both investors and families alike. Currently configured as two self-contained one-bedroom flats, each with its own private rear entrance and separate utility services, the property has been thoughtfully converted to provide independent living accommodation while retaining the potential to be effortlessly restored into a spacious four-bedroom detached family home.
As it stands, the two flats have the potential to generate an attractive rental income of approximately £600 PCM each, making this an appealing investment opportunity. However, the true value lies in the fantastic future potential to convert the property back into one substantial family residence, creating a beautiful home in a highly sought-after location.
The property benefits from off-road parking for up to three vehicles via two separate driveways, as well as a shared garage, offering excellent practicality and versatility. While some cosmetic improvements are required, this is largely a blank canvas with enormous scope to add value and personalise to your own taste.
Ideally located within New Waltham, the property is just a short distance from a wealth of local amenities, shops, cafés and transport links, and falls within the catchment area for several highly regarded schools, making it an excellent choice for growing families.
Whether you're looking for a buy-to-let investment with immediate income, a project with outstanding development potential, or the opportunity to create a substantial detached family home in a desirable village setting, this unique property is not to be missed.

GROUND FLOOR APARTMENT

ENTRANCE HALLWAY

LOUNGE (3.89m x 3.84m (12'9" x 12'7"))

BEDROOM (4.01m x 3.40m (13'1" x 11'1"))

BATHROOM (2.24m x 1.83m (7'4" x 6'0"))

KITCHEN (3.43m x 2.24m (11'3" x 7'4"))

FIRST FLOOR APARTMENT

ENTRANCE STAIRWAY INTO HALLWAY

KITCHEN (3.68m x 2.26m (12'0" x 7'4"))

LOUNGE (5.52m x 3.99m (18'1" x 13'1" ))

BEDROOM (4.01m x 2.97m (13'1" x 9'8"))

BATHROOM (2.24m x 1.83m (7'4" x 6'0"))

GARDENS, GARAGE AND DRIVEWAY