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 work1-bedroom flat · DN35 7JR
Sold STCListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A clean, well-presented chain-free ground floor flat offering modern interiors and a location less than a 15-minute walk from Cleethorpes Beach — an ideal low-maintenance home for first-time buyers, downsizers or those seeking a coastal base.
Step Inside The flat is arranged across a practical layout, with each room feeling bright, tidy and easy to maintain.
The lounge provides a comfortable main living space with neutral décor and a large window bringing in plenty of natural light.
The kitchen is modern and well-kept, featuring light grey cabinetry, a gas hob, built-in oven and a colourful tiled splashback that adds warmth and character.
The bedroom is a generous double with space for wardrobes and additional furniture, again finished in a clean, neutral style.
The bathroom is modern and neatly presented, offering a white suite with both bath and shower over, complemented by fresh tiling and good natural light.
Overall, the interior feels move-in ready, with scope for buyers to personalise to taste.
Outside The flat benefits from communal resident parking directly outside the entrance, providing convenient access for owners and visitors.
Being on the ground floor, the entrance is straightforward and practical, with a tidy frontage and shared outdoor space set back from the main road.
Location Situated on Grimsby Road, Cleethorpes, the property enjoys excellent access to local shops, cafés, bus routes and everyday amenities.
Cleethorpes Beach is less than a 15-minute walk away, making this a superb choice for anyone wanting to enjoy coastal living.
The area is well connected to both Cleethorpes town centre and Grimsby, appealing to commuters, first-time buyers, investors and those seeking a low-maintenance home in a popular location.
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
TO VIEW OR MAKE A BID – Contact DDM Residential LOUNGE 13' 6" x 10' 8" (4.11m x 3.25m) KITCHEN 13' 6" x 5' 4" (4.11m x 1.63m) BEDROOM 13' 6" x 9' 5" (4.11m x 2.87m) BATHROOM 6' 8" x 6' 8" (2.03m x 2.03m) Parking disclaimer This property does not include any allocated parking within the leasehold title.
Access to the building is via communal grounds, and communal resident parking is available directly outside the entrance.
Availability of parking spaces may vary, and buyers are advised to make their own enquiries regarding usage and any associated regulations.
Agents Note to Buyers Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property.
These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees.
Buyers should ensure they seek appropriate financial advice and budget accordingly.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Grimsby Road, Cleethorpes, DN35
Explore nearby