1-bedroom flat · DN35 8QU
Listing removedListed 296 days
Opportunity summary
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About
Crofts estate agents are pleased to be able to bring to the market this well presented and well proportioned One-Bedroom Penthouse with Panoramic Beachfront Views.
This well proportioned one-bedroom penthouse apartment is conveniently located within walking distance of all local amenities and the beach front itself and has the added bonus of allocated parking in the car park behind the property.
Offered for sale with no forward chain on the vendors side, the property benefits from double glazing and electric heating throughout.
The accommodation includes a spacious lounge/dining room with large double glazed window to the front allowing for reaching views across the beach and estuary to the front.
The remainder of the accommodation comprises communal entrance hallway with video intercom system, apartment hallway, kitchen, good-sized double bedroom with fitted wardrobes and finally a shower room.
Additional features include a visitor parking space to the rear. Front secure gated access providing easy pedestrian access to the beach front. Viewing is a must.
Communal Entrance The property is accessed via a well-maintained communal entrance on the ground floor, with the main door operated by a secure intercom system serving six apartments.
The entrance to Apartment 6 is located on the second-floor landing, which is both spacious and well lit. All communal areas are regularly maintained.
Entrance Hallway The apartment benefits from a welcoming entrance hall featuring a useful storage cupboard with mirrored sliding doors, ideal for coats and shoes, along with an additional airing cupboard.
Electric heater. Lounge/Dining Room (18' 2'' x 16' 8'' (5.539m x 5.080m)) Upon entering this room, you are immediately struck by the wonderful views across the Humber Estuary.
The unusual front-facing double-glazed window follows the distinctive gabled design of the building, creating a unique and attractive feature.
The room further benefits from two electric storage heaters, and a wall mounted electric fire. Serving hatch through to the kitchen.
Two roof lights providing additional natural light, along with a further ceiling light. Access to the loft.
Kitchen (7' 10'' x 10' 1'' (2.396m x 3.083m)) The kitchen is fitted with a range of modern white wall and base units with contrasting work surfaces and tiled reveals.
There is a stainless steel sink and drainer with a chrome mixer tap. Integrated electric oven and hob with a concealed extractor over.
Recently neutrally decorated and benefiting from a roof light window along with a ceiling light. Plumbing for a washing machine.
Bedroom (14' 7'' x 9' 3'' (4.454m x 2.807m)) A good sized double bedroom with double glazed window to the rear. Electric heater.
The bedroom offers a range of fitted wardrobes, bedside cabinets and cupboard.
Shower Room (6' 10'' x 5' 11'' (2.073m x 1.815m)) The shower room comprises of a white suite of a close coupled w.c, a vanity sink unit with a chrome mixer tap, a shower enclosure with an electric shower with waterproof paneling to the shower area, vinyl to the floor and a roof light window and light to the ceiling.
Outside Outside there is a court yard with allocated parking, space number four belongs to this apartment. There is also a visitor space.
Secure pedestrian gated access to the side leading to the front of the building and the beach front. Additional Information Leasehold And Maintenance - All owners share a 1/18th of the freehold.
Lease term is 999 years from 1st November 2011. There is a monthly management/service charge of £80.00 per month currently which gets reviewed.
This charge covers buildings insurance, cleaning of communal areas i.e. Stairway, maintenance of communal gardens, window cleaning etc.
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 6, Kingsway Court, Cleethorpes
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