2-bedroom terraced house · DN35 8PX
Sold STCListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated off St. Peters Avenue, within central Cleethorpes, this two bedroom mid terrace home presents an excellent refurbishment opportunity.
Ideally positioned a short walk from the seafront and the popular independent shops, bars, and cafes along Sea View Street.
Requiring a full scheme of refurbishment, the property offers excellent potential throughout, with accommodation comprising an entrance hall, lounge, kitchen/dining room with pantry, and to the first floor are two double bedrooms - both with built-in storage, along with a bathroom.
Outside, there is a courtyard style rear garden, together with a brick outbuilding providing two separate stores and a WC. Offered for sale with No Forward Chain.
Kitchen/Dining Room - 6.09 x 3.48 (19'11" x 11'5") - Lounge - 4.09 x 3.48 (13'5" x 11'5") - First Floor - Bedroom 1 - 4.09 x 3.48 (13'5" x 11'5") - Bedroom 2 - 4.09 x 2.58 (13'5" x 8'5") - Bathroom - 2.72 x 1.82 (8'11" x 5'11") - Tenure - Freehold Council Tax Band - A
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 George Street, Cleethorpes
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