2-bedroom flat · DN35 8RZ
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet position just off Cleethorpes seafront, this first floor purpose-built apartment forms part of an attractive residential development and enjoys a prime coastal position, with a wide selection of cafes, bars, shops, and local attractions, including the beach and central promenade, all within easy reach.
Accessed via a secure communal entrance, the spacious and attractively presented accommodation comprises a hall, living room, kitchen diner, two double bedrooms and a bathroom, offering a well-balanced and practical layout.
It has PVC double glazing and gas central heating throughout with a Worcester Bosch combi boiler. Externally, the property benefits from a private car park.
The property would suit a variety of buyers and is offered for sale with no forward chain.
Entrance Hall - Providing access to all other rooms in the apartment, this good sized space features a walk-in storage cupboard, an airing cupboard and a hat and coat rail.
A telephone handset with a door release is fitted for the main entrance door entry system.
Living Room - 4.03 x 3.85 (13'2" x 12'7") - A rear aspect room with two windows and modern wall mounted electric fire.
Kitchen Diner - 4.01 x 2.69 (13'1" x 8'9") - A second rear aspect room, having a good range of wall and base units with an extractor unit, contrasting worktops incorporating a stainless-steel sink and drainer, space for appliances with plumbing for a washing machine.
A fitted storage cupboard houses the wall mounted gas combi boiler. Bedroom 1 - 3.89 x 3.27 (12'9" x 10'8") - Front aspect double bedroom with fitted wardrobes.
Bedroom 2 - 3.35 x 2.72 (10'11" x 8'11") - A second front aspect double bedroom, with a walk-in storage cupboard.
Bathroom - 2.96 x 2.35 (9'8" x 7'8") - White three piece bathroom suite comprising a pedestal basin, WC, and panelled bath with electric shower over.
Epc - C Council Tax Band - A Additional Information - No service charges No ground rent Tenure - Leasehold with 151 years remaining.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Hope Street, Cleethorpes
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