2-bedroom flat · DN35 7JU
For saleReduced £3.5k (−2.2%) on 16 OctListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly presented 2 bedroom ground floor apartment in a central location in Cleethorpes.
It is in walking distance to numerous local amenities: Shops, bus routes, train station and many more local businesses. You are only minutes walk to the beach and sea front. A must see property.
The property boasts two double sized bedrooms. A shower room with basin and toilet, plus a separate bathroom with bath, basin and toilet.
The Utility room, is big enough to accommodate under counter: Washing machine, dryer and fridge.
This property lends itself to several different situations for prospective new owners: First Time Buyers, Downsizing/Retirement, or a holiday home.
The bedrooms are fully carpeted throughout, while the rest of the property floors are featuring: Tiles, Vinyl or Wood/Laminate.
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 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
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FAQ
About Flat 2, Chapman Woods Court, Pelham Road, Cleethorpes
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