£120,000
2 bed terraced house for saleGrimsby Road, Cleethorpes, Ne Lincs DN35
2 beds
1 bath
1 reception
- Freehold
Relo Estate Agents
.png)
About this property
Mixed Commercial and Domestic Unit
Ideal Highstreet Position
Popular Cleethorpes Location
Two Bedroom First Floor Flat
Extensive Ground Floor Retail Unit
Excellent Investment Opportunity
Flat Currently Returns £425 pcm
Commerical Unit Rateable Value of £7200
Council Tax Band A
;Now available to market is this highly attractive investment opportunity that includes both a highly spacious ground floor retail unit and a two bedroom first floor flat that is currently returning £425 pcm via a sitting tenant but offers far more possibility in terms of future potential and return.
This sizable property boasts an excellent position along Grimsby Road, Cleethorpes, an ranging stretch of busy Highstreet that includes a wide range of amenities from supermarkets, independent shops, fast food establishments and even the Blundell Park football ground which ensures a huge amount of foot traffic on match days.
The flat itself enjoys a modern finish and currently is subject to a sitting tenancy at £425 pcm though could comfortably achieve a higher rental return in line with current values while the commercial unit could achieve circa £600 pcm.
Flat accommodation consists of two well-appointed bedrooms, a three piece family bathroom, a modern fitted kitchen and an extensive lounge that overlooks the high street itself.
For those seeking a contained mixed investment with plentiful potential, this could be an ideal opportunity to acquire just that in a popular and well serviced area.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.