3-bedroom house · DN35 7QG
For saleReduced £2k (−2.3%) on 7 OctListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now available to market is this deceptively spacious and appropriately modernised mid-terrace house that has served for many years as a lucrative buy to let, ensuring that it continues to conform to full safety standards and making it an excellent potential investment.
Located in the ever popular resort of Cleethorpes, this property boasts excellent links to both Grimsby and the Cleethorpes seafront itself as well as the wide spectrum of amenities that both offer.
It also finds itself in walking distance to the Grimsby Road Highstreet which offers a broad range of shop and eatery options. Easy access to the A180 is also an excellent boon for commuters.
The ground floor consists of a generous, dual aspect through reception room, a modern fitted kitchen and a large family bathroom to the rear with stylish fittings as well as an easy maintenance garden to the rear.
The first floor offers three sizable bedrooms, mean that this property offers huge potential as a family home.
With the tenants having issued notice to vacate the property, the home is being offered as a vacant possession but has none the less been maintained in crucial areas throughout the years which has included gas central heating, modern PVC double glazing and gas and electrical safety standards and certification.
This property offers an excellent option for buy to let investors looking for a lucrative rental property or owner occupiers seeking a spacious yet well placed home.
Some opportunities may exist for cosmetic improvement but this agent would highly recommend internal viewing to appreciate all that this amazing house has to offer.
Entrance Hallway Lounge (3.43m x 2.97m (11' 3" x 9' 9")) Dining Room (3.7m x 3.18m (12' 2" x 10' 5")) Kitchen (3.26m x 2.44m (10' 8" x 8' 0")) Bathroom (2.64m x 2.44m (8' 8" x 8' 0")) First Floor Bedroom 1 (3.98m x 3.43m (13' 1" x 11' 3")) Bedroom 2 (3.7m x 2.35m (12' 2" x 7' 9")) Bedroom 3 (3.26m x 2.44m (10' 8" x 8' 0"))
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 47, Manchester Street, North East Lincs
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