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, making it an excellent investment opportunity. The property generates £425 per month in rent, creating an annual gross yield of 8.5% at the asking price. Located just outside Sidney Park, the flat has amenities within walking distance and benefits from on-street parking, a small front garden, and a private enclosed rear garden. The property is leasehold with 199 years remaining, and the ground rent is £100 per annum with no service charge. The building insurance premium is approximately £200 per month. With a realistic price and a steady income stream, this property presents a great chance to invest in the Cleethorpes area.
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