Summary - 120 BARCROFT STREET CLEETHORPES DN35 7DT
3 bed 1 bath Terraced
Three-bed mid-terrace with tenant in situ and strong rental yield — ideal for hands-on investors..
Three bedrooms with lounge, dining room and kitchen
A three-bedroom mid-terrace offered freehold with a sitting tenant paying £541 pcm, delivering a headline rental yield of around 9.3%. The tenant would prefer to remain, providing immediate income for an investor, or the house could suit a cash/renovation buyer prepared to carry out works.
The layout is traditional: lounge, dining room, kitchen, bathroom and three bedrooms across approximately 935 sq ft. The property benefits from uPVC double glazing, mains gas central heating and small front and rear gardens. Broadband speeds are fast and mobile signal is excellent.
Material points to note: the house is dated and needs modernisation and cosmetic refurbishment throughout. Construction is solid brick with no assumed wall insulation, the Energy Performance Rating is E, and there is a medium flood risk. The area records high crime and is classified as very deprived, which can affect long-term capital growth and tenant profiles.
For a hands-on investor this is a clear yield opportunity with scope to increase rent after sensible upgrading. For buyers seeking an owner-occupier move, be prepared for renovation costs and the local socio-economic challenges. Nearby schools and local amenities are within walking distance, and the property’s central Cleethorpes location gives good road links.
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