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Grimsby Road, Lincolnshire DN35 7 bed terraced house for sale
Grimsby Road, Cleethorpes, Lincolnshire, DN35
£190,000
Grimsby Road, Cleethorpes, Lincolnshire, DN35
£190,000
Our Summary
- This is a ready-made investment opportunity with all apartments having been newly renovated and equipped with modern appliances
Description
This block of six one-bedroom apartments on Grimsby Road in Cleethorpes offers a ready-made investment opportunity with a strong rental history. The properties are currently occupied by tenants, generating a monthly rental income of £2,686 and an annual total of £32,232, representing a 17% gross yield. The apartments have been newly renovated and equipped with modern appliances, and are maintained in good condition, falling within Council Tax Band A. The location is convenient for access to local amenities, including the seafront, green spaces, and a high street with shops, supermarkets, and dining options. Cleethorpes Railway Station is a 15-minute walk away, providing regular train services to Grimsby Town and beyond. Overall, this block represents a solid investment, benefiting from recent renovations and a strong rental history, in a part of Cleethorpes that is attractive to tenants due to its amenities and transport connections.