2-bedroom terraced house · DN35 7JT
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the ever-popular seaside town of Cleethorpes, this modern and spacious two-bedroom mid-terraced home is offered to the market with no onward chain, making it an ideal purchase for first-time buyers and buy-to-let investors alike.
Perfectly positioned within close proximity to well-regarded schools, a wide range of local amenities, regular bus services and just a short stroll from the seafront, the property offers both convenience and lifestyle appeal.
Upon entering the property, you are welcomed into an attractive and inviting front living room, creating the perfect space to relax and unwind.
An inner hallway provides access to the first floor accommodation, whilst leading through to a separate and generously sized sitting/dining room, ideal for entertaining or family living.
This space flows seamlessly into a modern fitted kitchen offering ample storage and worktop space. Located off the kitchen is a spacious ground floor three-piece family bathroom suite.
To the first floor, the property boasts two well-proportioned double bedrooms, both offering excellent space and natural light.
Externally, the home benefits from a low-maintenance and enclosed rear garden, offering a blank canvas for purchasers to create their own outdoor retreat.
Further benefits include gas central heating and double glazing throughout.
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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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 Pelham Road, Cleethorpes
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