House For Sale £185,000
Yarra Road, Cleethorpes, DN35
previous price £199,000

Full description

***INVESTMENT OPPORTUNITY***
A fantastic investment opportunity to purchase this end terrace house in a central Cleethorpes location that has been converted into five self contained units. Previously all units were let in the region of £390 per week which would mean the potential purchaser could expect a return in the region of £20,280 per annum and an 9.8% yield!.
**Planning has also been obtained for conversion of the five flats into three larger luxury apartments for those wishing to do so (planning application number DM/0254/17/FUL).*


***INVESTMENT OPPORTUNITY***

A fantastic investment opportunity to purchase this end terrace house in a central Cleethorpes location that has been converted into five self contained units. Previously all units were let in the region of £390 per week which would mean the potential purchaser could expect a return in the region of £20,280 per annum and a 9.8% yield!.

**Planning has also been obtained for conversion of the five flats into three larger luxury apartments for those wishing to do so (planning application number DM/0254/17/FUL).*


The property has gone through a complete scheme of modernisation including, damp work, new windows, kitchens and bathrooms. The accommodation comprises:-
*Communal entrance hall
*Flat 1 - One bedroom ground floor flat - currently let
*Flat 2 - One bedroom ground floor flat - currently let
*Flat 3 - First floor bedsit
*Flat 4 - One bedroom second floor flat
*Flat 5 - One bedroom second floor flat

This property offers great investment potential!

Viewing
By appointment with the Sole Agent Lovelle Estate Agency, telephone: 01472 812250. We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.

ENERGY PERFORMANCE INFORMATION
A copy of the full Energy Performance Certificate for this property is available upon request. Advisory Notes - Please be advised if you are considering purchasing a property for Buy To Let purposes, from 1st April 2018 without an EPC rated E or above it will not be possible to issue a new tenancy, or renew an existing tenancy agreement.