3-bedroom house · DN35 7EA
For saleListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented mid-terraced home situated just off Freeston Street in Cleethorpes, within easy reach of Grant Thorold Park, local shops and everyday amenities.
The property is offered to the market with a tenant in situ, currently paying £535 per calendar month, providing an attractive yield of 8.03%, making it an ideal ready-made investment opportunity.
Benefitting from gas central heating, uPVC double glazing and a secure south-west facing rear garden, the accommodation briefly comprises a front dining room leading through to a comfortable living room overlooking the garden, with an inner lobby giving access to the first floor.
The kitchen sits to the rear of the property and opens into a small lobby area, which in turn leads to the ground floor bathroom.
To the first floor is a central landing serving three well-proportioned bedrooms, offering good-sized family accommodation throughout.
EPC Rating: D Living Room (4.31m x 3.09m) Dining Room (3.93m x 3.09m) Kitchen (3.65m x 2.39m) Rear Lobby (2.39m x 0.82m) Bathroom (2.13m x 1.65m) Bedroom 1 (3.96m x 2.36m) Bedroom 2 (3.52m x 2.42m) Location The property is ideally located close to Cleethorpes town centre where you will find the shopping areas of Sea View Street and St Peters Avenue.
The Seafront has many attractions, including restaurants/bistros, wine bars and Cleethorpes golf course.
Broadband Information Standard- 2 Mbps (download speed), 0.4 Mbps (upload speed), Ultrafast - 1800 Mbps (download speed), 220 Mbps (upload speed). Agents Note These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
Compliance & Id As part of our legal obligations under Anti-Money Laundering Regulations, we are required to verify the identity of all parties involved in a transaction.
Once an offer has been agreed, we will undertake the appropriate id checks. A fee of £20 + VAT per person is payable for this service.
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
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FAQ
About 166 Lovett Street, Cleethorpes
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