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Thornton Crescent, Cleethorpes... 3 bed semi
Thornton Crescent, Cleethorpes, Lincolnshire, DN35
£115,000
Thornton Crescent, Cleethorpes, Lincolnshire, DN35
£115,000
Our Summary
- Situated in a popular residential area of Cleethorpes, this three-bedroom semi-detached home offers excellent potential for both investors and owner-occupiers
- Following a programme of general modernisation and upgrading, there is clear potential to enhance both the rental return and capital value
- At its current rent the property produces an attractive income, with further scope to improve yield once works are undertaken
- Priced to reflect the modernisation required, this is an excellent opportunity to acquire a well-located home with strong investment prospects
- Good-sized rear garden with potential
Description
This three-bedroom semi-detached home in Cleethorpes offers excellent potential for investors and owner-occupiers alike. Situated in a popular residential area, it's close to local amenities, schools, shops, and bus routes, with the seafront and St. Peter's Avenue just a short distance away. The property features a spacious living room, dining room, and kitchen, as well as three bedrooms and a bathroom on the first floor. With double glazing and a gas central heating system, it's well-equipped for modern living. The property has been rented for several years and is currently let at £600 per month, with the tenant wishing to remain in occupation. With some modernisation and upgrading, there's clear potential to enhance both the rental return and capital value, making it an attractive investment opportunity.