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7 bedroom terraced house for sale
Grimsby Road, Cleethorpes, Lincolnshire, DN35
£230,000
Grimsby Road, Cleethorpes, Lincolnshire, DN35
£230,000
Our Summary
- An exceptional investment opportunity awaits with this three-storey terraced townhouse, cleverly transformed into seven individual studio apartments, each boasting a comfortable one-bedroom layout
Description
This three-storey terraced townhouse has been cleverly converted into seven individual studio apartments, each with a comfortable one-bedroom layout. The property is fully let, generating a total gross income of £28,542 per year, resulting in a gross yield of 12.4%. With all seven apartments currently occupied, the new owner can expect a steady stream of rental income. This exceptional investment opportunity is ideal for those seeking a secure and profitable venture in the property market, offering a lucrative return on investment.