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See how verdicts work3-bedroom house · DN35 7ND
Sold STCReduced £5k (−5.5%) on 29 JulListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pygott & Crone are delighted to bring to market this 3 Bedroom Mid Terraced Home which is being sold with tenants in situ, making this an ideal investment opportunity.
The tenant is currently paying £650 pcm which will bring the potential buyer a gross yield of 8.7% if sold at asking price.
Located in Cleethorpes, the property has a host of amenities nearby including shops, takeaways, and schools. Easy access to the A180 and a variety of bus routes nearby provide great transport links.
Internal accommodation briefly comprised of: Entrance Hallway, Through Lounge/Diner, Kitchen and Bathroom. Upstairs are 3 Bedrooms..
Outside a small garden to the front and private enclosed garden to the rear. On street parking is available. Agent's Note: The property is to be sold with tenants in situ.
Entrance Porch Hall Lounge 3.4m x 2.78m - 11'2” x 9'1” Dining Room 3.95m x 3.72m - 12'12” x 12'2” Kitchen 3.52m x 2.43m - 11'7” x 7'12” Rear Entrance Bathroom 2.24m x 1.75m - 7'4” x 5'9” First Floor Landing Bedroom 1 3.88m x 3.43m - 12'9” x 11'3” Bedroom 2 3.9m x 2.31m - 12'10” x 7'7” Bedroom 3 3.79m x 3.38m - 12'5” x 11'1”
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 10, Clerke Street, Cleethorpes
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