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Princes Road, Cleethorpes

PROPERTY TYPE

Block of Apartments

BEDROOMS

4

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

FP
1

Key features

  • Building comprising of three flats
  • Period building minutes from the seafront
  • Fantastic investment opportunity
  • Off road parking
  • Refurbished top floor flat
  • EPC - C, C, C
  • Council Tax Bands - A, A, A

Description

***Option for the bottom 2 flats available at £119,950 if sold as a pair.*** Roost Estate Agents are delighted to offer this investment opportunity which is a traditional semi detached house which is split into three flats, all of which are currently rented out and the top floor two bedroom flat has just been refurbished. Currently the two one bed flats are rented at £475pcm each, whilst the top flat is rented at £750pcm. Bottom two flats sold as a pair now £119,950 with 125 year leases each with around 9.5% yield.The top floor two bedroom flat comprises of its own ground floor entrance hallway with storage, once you follow the stairs onto the landing you will find a spacious lounge, two double bedrooms, a bathroom with a three piece suite, a separate W/C and then a modern kitchen diner which has just been finished off. Overall a very stylish top floor flat with parking, which achieves a monthly figure of £750.The front ground floor one bedroom flat, currently rented out at £475pcm, a simple layout, comprising of a hallway, lounge, kitchen, bathroom and one double bedroom. The rear ground floor flat, also rented out at £475pcm, again has a similar design, with a kitchen, shower room, lounge and bedroom. There is a communal rear garden which is shared between the three flats, this can be split between the ground floor flats or keep it as a three way communal garden, there is also some basement storage accessed from the rear. Overall, this provides a seafront traditional property, comprising of three flats, with yields around 10% achievable.

Brochures

Full Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Princes Road, Cleethorpes

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cleethorpes Station0.2 miles
  • New Clee Station1.4 miles
  • Grimsby Docks Station2.0 miles
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About the agent

Roost Estate Agents, Cleethorpes

15 Highgate Cleethorpes DN35 8NR

Roost Estate Agents, Cleethorpes

Roost Estate Agents are the areas first local fixed fee estate agent who offer sellers a high end package for just a low cost fixed fee, no matter what price your property is.

Based in Cleethorpes, they are owned by a husband and wife team of Richard and Sophie, both of which are fully qualified with ARLA & NAEA, meaning you are in safe hands with over 14 years of property experience in both sales and lettings.

The Cleethorpes office is found in a period building just minutes from

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Industry affiliations

Property Redress SchemeNational Association of Estate AgentsAssociation of Residential Letting Agents

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Disclaimer - Property reference 11949198. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Roost Estate Agents, Cleethorpes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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