3-bedroom semi-detached house · DN35 9EN
Sold STCListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a popular residential area, this three bedroom semi detached home offers well proportioned living space throughout, with a practical layout suited to a variety of buyers.
The accommodation comprises a bay fronted lounge featuring a living flame gas fire, together with a spacious kitchen/dining room which opens into a sun room, creating a sociable living and entertaining space.
The kitchen is fitted with modern base units and benefits from a separate utility room providing space and plumbing for laundry appliances.
To the first floor are two double bedrooms, a further single bedroom and a family bathroom fitted with a shower over the bath.
Outside, the property benefits from a driveway providing off-road parking for two vehicles, along with a pleasant rear garden.
A range of outbuildings include a detached garage, large shed and a garden room offering a variety of potential uses.
The property is conveniently located close to a range of local amenities, well-regarded primary and secondary schools, and is within easy reach of the town centre and seafront.
Entrance Hall - 3.07 x 1.61 (10'0" x 5'3") - Kitchen/Dining Room - 5.80 x 3.01 (19'0" x 9'10") - Sun Room - 3.37 x 2.00 (11'0" x 6'6") - Utility - 2.00 x 1.86 (6'6" x 6'1") - Lounge - 3.69 x 3.13 (12'1" x 10'3") - First Floor - Bedroom 1 - 3.15 x 3.06 (10'4" x 10'0") - Bedroom 2 - 3.06 x 3.06 (10'0" x 10'0") - Bedroom 3 - 1.68 x 1.14 (5'6" x 3'8") - Bathroom - 1.86 x 1.63 (6'1" x 5'4") - Tenure - Freehold Council Tax Band - B
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
Agent & docs

FAQ
About Penshurst Road, Cleethorpes
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