Summary - 399B GRIMSBY ROAD CLEETHORPES DN35 7LB
2 bed 1 bath Flat
**Standout Features:**
- Two-bedroom ground floor flat in Cleethorpes
- Renovation required, presenting an investment opportunity
- Chain-free, with good rental yield potential (£450 - £600 pcm)
- Close to town centre, transport links, and schools
- Leasehold with 62 years remaining—potential mortgage challenges
- Fast broadband and excellent mobile signal
Nestled in the sought-after seaside resort of Cleethorpes, this two-bedroom ground floor flat offers a prime investment opportunity. Measuring a total of 689 square feet, the property comprises a welcoming reception room, a kitchen with dining space, and a shower room. With a location that boasts excellent public transport links and easy access to the M180 motorway, you’ll find all local amenities within easy reach.
While the flat requires significant cosmetic improvements, it holds incredible potential for rental returns or even a holiday let, appealing to both investors and first-time buyers with an eye for renovation. Current energy efficiency is rated D, and it benefits from gas central heating and double glazing. Be mindful that with only 62 years left on the lease, financing could become an issue for some buyers. However, the low ground rent of £50 coupled with affordable council tax make this property a smart long-term investment in a charming area. Don't miss this rare chance to secure a flexible future in a promising locale!
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