Ready-made rental near the seafront with immediate income.
Tenant in situ paying £6,300 per annum
Tenure: Freehold with immediate rental income
Short ten-minute walk to Cleethorpes seafront
Requires modernisation; cosmetic and possible upgrading needed
Solid brick walls likely lack insulation (assumed)
Medium flood risk for the area
High local crime and very deprived neighbourhood statistics
On-street parking only; no private parking
This three-bedroom mid-terrace on Brereton Avenue is offered as a ready-made investment with a tenant in situ paying £6,300 per year. The property sits about a ten-minute walk from Cleethorpes seafront and local amenities, providing steady rental demand and straightforward management for a buy-to-let portfolio.
The layout comprises an open-plan lounge/dining room, galley kitchen, three first-floor bedrooms and a family bathroom. The house is traditional 1900–1929 solid-brick construction with double glazing and mains gas central heating; front and rear yards offer basic outside space. On-street parking only; no allocated parking.
Important considerations: the area records high crime and very high deprivation, and the building likely has little or no wall insulation. There is a medium flood risk. The interior requires modernisation in places, so expect maintenance and upgrading costs. The property is freehold and council tax is low, which helps running costs for investors.
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