2-bedroom terraced house · DN35 7PR
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is being sold with a tenant in situ, providing an immediate rental income opportunity for investors.
While the property would benefit from a programme of modernisation and updating throughout, it offers excellent potential to add value and enhance future returns.
Situated in a desirable location, this is an ideal investment for those looking to refurbish and maximise the property's potential.
Nestled in the charming area of Tiverton Street, Cleethorpes, this mid-terrace house presents an excellent investment opportunity, as it is being sold with a tenant already in situ.
The property boasts two reception rooms, providing ample space for relaxation and entertaining. With two well-proportioned bedrooms and a bathroom located on the first floor.
Upon entering, you are welcomed by an entrance porch that leads into a hallway, setting the tone for the rest of the home.
The lounge/diner is a versatile area, perfect for both dining and unwinding after a long day. The kitchen offers the potential to create a modern culinary space tailored to your tastes.
Additionally, a convenient downstairs WC enhances the practicality of the layout. The property benefits from double glazing and gas central heating, ensuring warmth and comfort throughout the year.
Outside, the low-maintenance gardens provide a pleasant outdoor space without the burden of extensive upkeep, making it suitable for those with a busy lifestyle.
Located close to local amenities and the beautiful seafront, this home offers both convenience and leisure.
If you are looking to invest, this property holds great potential and is ready for its next chapter.
Entrance Porch - Through a u.PVC double glazed door into the porch, a tiled floor and a hardwood and glazed door into the hall.
Hall - The hall with stairs to the first floor accommodation, a central heating radiator and a light to the ceiling.
Lounge Area - 4.34m into bay x 3.00m (14'3 into bay x 9'10) - The lounge is to the front of the property with a u.PVC double glazed walk-in bay window, a tiled fire surround, a central heating radiator and a light to the ceiling.
Dining Area - 3.18m x 3.66m max (10'5 x 12'0 max) - The dining area with a u.PVC double glazed window, an under stairs cupboard, a tiled fire surround, a central heating radiator and a light to the ceiling.
Kitchen - 3.91m x 2.39m (12'10 x 7'10) - The kitchen with a range of wall and base units, contrasting work surfaces incorporating a stainless steel sink unit with chrome taps.
Two u.PVC double glazed windows, part tiled walls, a gas cooker, plumbing for a washing machine, a central heating radiator, a tiled floor and a light to the ceiling.
Lobby - 1.45m x 0.69m (4'9 x 2'3) - With a u.PVC double glazed door leading into the garden and a light to the ceiling. Wc - 1.35m x 0.61m (4'5 x 2'0) - With a toilet and a concrete floor.
Landing - Up the stairs to the first floor accommodation where doors to all rooms lead off. There is a light and loft access to the ceiling.
Bathroom - 3.76m x 2.39m (12'4 x 7'10) - The bathroom with a walk-in shower, a Triton T80 electric shower, a pedestal wash hand basin with chrome taps and a toilet.
A u.PVC double glazed window, part tiled walls, a built in cupboard housing the central heating boiler, a central heating radiator and a light to the ceiling.
Bedroom 1 - 4.01m x 3.53m (13'2 x 11'7) - This double bedroom to the front of the property with a u.PVC double glazed window, a cast iron fireplace, a central heating radiator and a light to the ceiling.
Bedroom 2 - 3.71m x 2.39m (12'2 x 7'10) - Another double bedroom with a u.PVC double glazed window, a central heating radiator and a light to the ceiling.
Outside - The front garden has a walled boundary with a wrought iron gate and is laid to concrete for ease of maintenance.
The rear garden has a walled and fenced boundary with a wooden gate and is laid to concrete and pavers for ease of maintenance.
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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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 advisors 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 Tiverton Street, Cleethorpes, N.E. Lincs, DN35 7PR
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