![Front Elevation](https://media.onthemarket.com/properties/15163874/1497255592/image-0-1024x1024.jpg)
![Lounge](https://media.onthemarket.com/properties/15163874/1497255592/image-1-1024x1024.jpg)
![Sitting Room](https://media.onthemarket.com/properties/15163874/1497255592/image-2-1024x1024.jpg)
3 bedroom end of terrace house for sale
Key information
Property description & features
- Tenure: Freehold
- Ready made investment with long standing tenants
- Two reception rooms and dining room
- Ground floor shower room and first floor bathroom
- Current annual income £6800
- End terrace with outside space
- EPC: D | Tenure: Freehold | Council Tax: A
Welcome to Park Street, Cleethorpes – a residential area offering a fantastic investment opportunity in the form of a spacious 3-bedroom, end-terraced house.
This property is not just a home but a turnkey investment with reliable tenants already in place, generating a steady rental income of £7,800 per annum. At the current asking price, this represents an impressive 8.6% yield, making it a compelling option for seasoned investors and newcomers alike.
Property Overview:
Location: Park Street, Cleethorpes
Property Type: End-terraced house
Bedrooms: 3 double bedrooms
Bathrooms: 1 upstairs bathroom, 1 downstairs shower room
Reception Rooms: 2 spacious reception rooms
Additional Rooms: Kitchen, dining room
Outdoor Spaces: Front, side, and rear courtyards
Access: Front main staircase and small rear staircase
Investment Highlights:
Stable Rental Income: Tenants with over 10 years of residency have made this property their cherished home.
High Yield: With an 8.6% yield at the asking price, this property offers a robust return on investment from day one.
Prime Location: Situated in Cleethorpes, Park Street provides easy access to local amenities, public transport links, and schools catering to all ages, enhancing its appeal to potential future tenants.
Spacious and Versatile: Spread over two floors, the property boasts generously sized rooms including three double bedrooms and multiple reception areas, accommodating a variety of tenant needs.
Investment Opportunity Awaits:
Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with immediate rental income, this 3-bedroom house on Park Street presents a rare opportunity. Benefit from a secure investment in a sought-after location with reliable tenants in place. Don't miss out – schedule a viewing today to explore the potential of this turnkey investment opportunity!
Rooms
GROUND FLOOR
ENTRANCE HALL
LOUNGE 14' 5" x 15' 5" (4.4m x 4.7m)
SITTING ROOM 11' 8" x 11' 2" (3.56m x 3.4m)
KITCHEN 14' 5" x 9' 2" (4.4m x 2.8m)
DINING ROOM 10' 7" x 9' 3" (3.23m x 2.82m)
REAR LOBBY
SHOWER ROOM 8' 0" x 4' 7" (2.44m x 1.4m)
FIRST FLOOR
BEDROOM 1 13' 7" x 13' 5" (4.14m x 4.1m)
BEDROOM 2 11' 5" x 8' 11" (3.48m x 2.72m)
BEDROOM 3 13' 7" x 7' 11" (4.14m x 2.41m)
BATHROOM 7' 8" x 6' 7" (2.34m x 2m)
Property information from this agent
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Property reference GRS240383. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by DDM Residential - Grimsby.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on July 18, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on July 18, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 18, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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