2-bedroom flat · DN35 7AB
Let agreedListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crofts Estate Agents are pleased to bring to the rental market this spacious two-bedroom ground floor flat, conveniently situated on Grimsby Road in Cleethorpes.
Offering generous accommodation throughout, the property would make an excellent home for a couple, or those simply looking for plenty of living space.
The accommodation comprises an entrance hallway leading to a large lounge, offering plenty of space for a range of seating and additional furniture, while a feature fireplace provides an attractive focal point.
To the rear is an impressive kitchen/diner, fitted with a range of units and work surfaces together with a central island incorporating the gas hob and oven.
The generous proportions provide ample room for a dining area, making this a particularly practical and sociable space.
There are two well-proportioned bedrooms, including a particularly spacious main bedroom.
The bathroom is fitted with a white three-piece suite comprising bath with shower over, wash hand basin and WC.
The property benefits from neutral décor throughout, gas central heating and a mixture of practical tiled, laminate-style and carpeted flooring.
Externally, there is access to a private enclosed rear yard.
Located on Grimsby Road, the property is well positioned for a range of local amenities and transport links, with both Cleethorpes and Grimsby easily accessible.
Source of heating The property is heated by gas central heating . Gas/electricity supply The property has mains electric connection, and mains 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 and variable in home across 2 providers and good outdoor across 2 other providers.
Parking On Street parking flood risk Low probability of flooding from rivers and the sea. Rights of way/easements All residents have access to communal areas of the development.
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 6B, Grimsby Road, Cleethorpes
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