2 bedroom ground floor flat for sale

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2 bedroom ground floor flat for sale

26 Park View, Cleethorpes, Lincolnshire, DN35
£55,000

Our Summary

  • A superb investment opportunity at a realistic price

Description

This spacious ground floor flat in Cleethorpes is being offered for sale with no forward chain, presenting a superb investment opportunity. The property generates £425 per month in rental income, equating to an annual gross yield of 8.5% at the asking price. Located just outside Sidney Park, the flat is within walking distance of local amenities. The property features three bedrooms, a lounge, kitchen, bathroom, and utility room, as well as a small front garden and private enclosed rear garden. There is on-street parking available. The property is leasehold with 199 years remaining, and the annual ground rent is £100, with no service charge. Building insurance premiums are estimated to be around £200 per month.
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