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House For Sale £185,000
Yarra Road, Cleethorpes DN35


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. Four out of five units currently let in the region of £390 per week which means the potential purchaser can expect a return in the region of £20,280 per annum and an 10.19% yield!

The vendor advises that £20,000 has recently been spent renovating flats 3,4 and 5.

**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
*Flat 2 - One bedroom ground floor flat
*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!

Ground Floor Flat Accomodation

Communal Entrance Hall

Lounge

Kitchen

Bedroom

Shower Room

Flat Two

Lounge

Kitchen

Bedroom

Bathroom

First Floor Accomodation

Flat Three

Bedsit Room (2.69m x 4.96m (8' 10" x 16' 3"))

Bathroom

Second Floor Accomodation

Flat Four

Lounge (2.39m x 4.02m (7' 10" x 13' 2"))

Kitchen Diner (3.99m x 2.07m (13' 1" x 6' 9"))

Bedroom (4.33m x 2.9m (14' 2" x 9' 6"))

En-Suite Bathroom

Third Floor Accomodation

Flat Five

Kitchen

Lounge/Dining Area (4.2m x 4.04m (13' 9" x 13' 3"))

Bedroom

2.74m x 2,71m

Bathroom

Outside

Follow the link for more information:
        
zoopla.co.uk

  
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