3-bedroom terraced house · DN35 7BH
For saleListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with a tenant in situ, this mid-terrace property on Lovett Street, Cleethorpes presents an excellent investment opportunity for landlords looking to acquire a property with immediate rental income.
The accommodation is well laid out and comprises a welcoming lounge to the front of the property, leading through to a separate dining room which provides ample space for family dining and entertaining.
To the rear, the fitted kitchen offers a range of storage units and workspace, with access through to the ground floor bathroom.
To the first floor are three well-proportioned bedrooms, providing comfortable accommodation for tenants and ensuring broad rental appeal.
Externally, the property benefits from gardens to both the front and rear. The rear garden offers a private outdoor space, while the front garden enhances the property's kerb appeal.
Conveniently positioned within easy reach of Cleethorpes town centre, local shops, schools, transport links and amenities, the property is ideally located for a variety of tenants.
Being sold with a tenant already in place, this is a fantastic opportunity for investors seeking a ready-made addition to their portfolio with established occupancy.
Early viewing is recommended to fully appreciate the accommodation and investment potential on offer.
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
FAQ
About 58, Lovett Street, Cleethorpes
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