2-bedroom flat · DN35 8AW
Listing removedReduced £25 (−3%) on 21 AugListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crofts Estate Agents are delighted to present to the rental market this spacious and well-presented two-bedroom apartment, occupying the first and second floors of a well-maintained building in the heart of Cleethorpes.
Ideally positioned within walking distance of the seafront, local shops, cafés, restaurants and excellent transport links, this property offers generous living accommodation across two floors.The property briefly comprises entrance stairs leading to the first floor, where you will find a bright and spacious lounge featuring a large bay window that fills the room with natural light.
Also on this level is a generously proportioned double bedroom benefiting from its own en-suite shower room, a separate W/C for added convenience, and a modern kitchen diner fitted with a range of wall and base units, an integrated hob, oven and extractor fan, providing ample space for both cooking and dining.
The second floor also has a spacious double bedroom, with wooden Velux windows, together with a large family bathroom offering plenty of space and practicality.Additional benefits include double glazing throughout, electric heating, and one allocated off-road parking space to the rear of the building.
Offering spacious accommodation in a highly sought-after central location, this attractive apartment is ideally suited to professionals or couples looking to enjoy everything Cleethorpes has to offer.
Early viewing is highly recommended to fully appreciate the space and excellent location on offer. SOURCE OF HEATING The property is heated by electric panel/storage heaters.
GAS/ELECTRICITY SUPPLY The property has mains electric connection, and no gas supply.WATER SUPPLY The property has mains water supply/waste supply.BROADBAND AVAILABILITY Ultrafast Fibre up to 1800mbps.
Actual service availability at a property or speeds received may be different.MOBILE COVERAGE Good outdoor, and in home.
This means there may be differences between the coverage prediction and your experience.PARKING Allocated parking space for x1 vehicle.RIGHTS OF WAY/EASEMENTS All residents have access to communal front garden.FLOOD RISK The property isn't located in a flood risk area.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 PRINCES ROAD, CLEETHORPES
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