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3 bedroom terraced house for sale
Daubney Street, Cleethorpes, Lincolnshire, DN35
£85,000
Daubney Street, Cleethorpes, Lincolnshire, DN35
£85,000
Our Summary
- This property is an ideal investment opportunity, being sold with paying tenant in situ, currently achieving £550 per calendar month, creating a gross yield of 6
Description
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This is a well-presented, 3-bedroom mid-terrace house in Cleethorpes, which is currently generating a rental income of £550 per calendar month, resulting in a healthy gross yield of 6.9%. The property, which is being sold with no forward chain, features a spacious lounge/diner, a kitchen, and a bathroom on the ground floor, with three well-proportioned bedrooms on the first floor. The property benefits from its proximity to a range of local amenities and has the added advantage of on-street parking. The tenants are on a monthly rolling contract, offering flexibility for the new owner.