We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work6-bedroom terraced house · DN35 7JR
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This generously sized and modernised SIX BEDROOM end terraced home represents a superb opportunity within the sought-after seaside resort of Cleethorpes.
Currently utilised as a successful HMO, with a generous potential for earning, the property offers substantial and versatile accommodation including six bedrooms, two bathrooms and a fantastic 25ft open plan living/dining kitchen.
Ideally positioned within easy reach of a wide range of local amenities, schools and regular bus services, the property is also only a short distance from Cleethorpes seafront and everything this popular coastal resort has to offer.
With its impressive accommodation and modern presentation, an early internal viewing is highly recommended to fully appreciate the size and potential of this excellent property.
The accommodation begins with a bright and welcoming entrance hall, with stairs rising to the first floor.
To the ground floor are two well sized double bedrooms, together with a superb 25ft open plan living/dining kitchen which has been modernised to a great standard and provides a fantastic communal space.
Completing the ground floor accommodation is a modern three piece family bathroom suite.
To the first floor are four further well sized bedrooms, providing six bedrooms in total, alongside an additional modern three piece family bathroom suite.
Externally, the property benefits from a low maintenance and enclosed rear garden, while further benefits include gas central heating and double glazing throughout.
Early viewing comes highly recommended for anyone looking for a substantial and modernised property in a popular Cleethorpes location.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Grimsby Road, Cleethorpes
Explore nearby