2-bedroom flat · DN35 8HY
Let agreedReduced £30 (−4.4%) on 11 SepListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crofts Estate Agents Lettings is delighted to bring to the market this superbly converted two bedroom ground floor flat.
Situated in the very heart of Cleethorpes Cafe Quarter with amenities and transport links close at hand.
This modern apartment briefly comprises entrance hall and porch, lounge diner, kitchen, inner lobby, two double bedrooms and bathroom and is only a short walk from Cleethorpes promenade and beaches.
Everything in this apartment is modern and everything completed to a high standard so interest is expected to be very high especially with it coming with the bonus of allocated off-road parking for one small car with a space to the rear of the property.
Please note the property is on the market for sale and any prospective tenants would need to allow access for viewings.
It is worth noting that the earliest point the landlord could seek possession would be once 12 months of the tenancy has elapsed. Source of heating The property is heated by a gas boiler.
Gas/electricity supply The property has mains electric and gas connection. Water supply The property has mains water supply/waste supply. Broadband availability Ultrafast Fibre up to 1800mbps.
Actual service availability at a property or speeds received may be different. Mobile coverage Good outdoor, variable in home.
There may be differences between the coverage prediction and your experience. Parking Allocated parking. Rights of way/easements All residents have access to communal areas of the development.
Flood risk The property is located in a high risk area, however the landlord has not informed us of any previous flooding.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 71, Sea View Street GFF (a), Cleethorpes
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