2-bedroom house · DN35 7PD
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**attention investors** Crofts are pleased to present to the market this unusual property comprising of a two bedroom detached house located in this established area.
The property is currently tenanted with the current tenants showing a strong interest in remaining and currently paying £495pcm.
The accommodation offers double glazing and central heating and briefly comprises entrance hall, lounge, kitchen, landing, two bedrooms and a bathroom.
The property only has a small front garden so offers very little maintenance for the tenants. The property would benefit from some remedial works and therefore viewing is advised.
Entrance Hallway (4' 8'' x 3' 8'' (1.431m x 1.124m)) UPVC double glazed entry door to the front elevation. Borrowed light window.
Lounge (14' 6'' x 11' 10'' (4.414m x 3.603m)) UPVC double glazed bay fronted window to the front elevation. Coving and rose to the ceiling. Central heating radiator.
Staircase to the first floor accommodation. Kitchen (13' 4'' x 9' 7'' (4.058m x 2.930m)) UPVC double glazed window to the front elevation.
The kitchen offers a good complement of wall and base units with contrasting work surfacing with inset one and a half sink and drainer. Integrated oven and four ring gas hob. Splashback tiling.
Plumbing for a washing machine. Tiled flooring. Central heating radiator. First Floor Landing Loft access. Central heating radiator.
Bathroom (6' 0'' x 5' 4'' (1.829m x 1.637m)) UPVC double glazed window to the side elevation. Fitted with a panelled bath with electric shower over, pedestal wash hand basin and close coupled w.c.
Central heating radiator. Bedroom One (11' 0'' x 11' 10'' (3.363m x 3.604m)) UPVC double glazed window to the front elevation. Central heating radiator.
Bedroom Two (7' 0'' x 9' 8'' (2.129m x 2.949m)) UPVC double glazed window to the front elevation. Central heating radiator. Cupboard housing the gas boiler.
Outside The property just has a small yard to the front.
Value & comps
No previous sales on record.
Returns
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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 58C, Freeston Street, Cleethorpes
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