3-bedroom terraced house · DN35 7LX
Listing removedListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Galaxy Letts are pleased to offer TO LET this well-presented three-bedroom house situated on Park Street, Cleethorpes.
The property offers spacious accommodation over two floors and benefits from neutral décor and flooring throughout, making it ready for a new tenant to move into.
The ground floor comprises two good-sized reception rooms, providing versatile living and dining space, together with a modern fitted kitchen and a convenient downstairs bathroom.
To the first floor, the property offers three bedrooms and a modern bathroom. Externally, the property benefits from an easy-maintenance private rear garden, providing a useful outdoor space.
Situated in a residential area of Cleethorpes, the property is well placed for access to local amenities, shops and transport links, with Cleethorpes town centre and the seafront within easy reach.
HOLDING DEPOSIT: £125.00 DEPOSIT: £721.00 EPC RATING - C Notice All photographs are provided for guidance only.
Redress scheme provided by: Property Redress Scheme (PRS010041) Client Money Protection provided by: Safeagents
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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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 Park Street, Cleethorpes
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