We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DN35 9BT
Sold STCListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well maintained semi detached bungalow situated in this popular area of Cleethorpes, a short distance from the town centre, seafront and local amenities.
The accommodation offers; entrance hall, a bay fronted lounge, and two bedrooms - one of which could be used as a dining room.
The kitchen and bathroom are both neat and functional, however would benefit from updating - offering the perfect opportunity for the new owner to add their own style.
Outside, there are gardens to the front and rear, driveway parking and a detached garage.
Perfect for downsizes, first time buyers, or anyone looking for a manageable project in this convenient location...Viewing Highly Recommended.
Entrance Hall - Accessed via a uPVC door to the side of the property. With access to all rooms, and loft - via a drop-down ladder. Lounge - 5.49 x 3.50 (18'0" x 11'5") - Measured into bay.
To front aspect, with gas fireplace.
Kitchen - 2.72 x 2.63 (8'11" x 8'7") - Fitted with base and wall mounted units, worktops incorporating a resin sink, freestanding cooker, plumbing for a washing machine, and space for further appliances.
Unit housing the gas central heating boiler (NEW 2021). Side and rear aspect windows, and access to the rear garden. Bedroom 1 - 3.87 x 3.36 (12'8" x 11'0") - To rear aspect.
Bedroom2/Dining Room - 2.97 x 2.57 (9'8" x 8'5") - To front aspect. Bathroom - 1.92 x 1.66 (6'3" x 5'5") - Fitted with a pedestal basin, wc, and panelled bath with shower over.
Obscure glazed window Garage - 5.55 x 2.72 (18'2" x 8'11") - Tenure - freehold Council Tax Band - B
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Halton Place, Cleethorpes
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