Summary - 5 EDWARD STREET CLEETHORPES DN35 8PS
3 bed 1 bath Terraced
Three-bed rental with immediate yield and refurbishment upside for landlords.
Tenant in situ over 4 years, paying £590 pcm (income immediate)
Freehold mid-terrace; three double bedrooms across three floors
Solid brick walls; assumed no wall insulation (affects EPC)
Energy Performance Rating D; council tax band A (low running costs)
Very small courtyard garden; low-maintenance outdoor space
Requires modernization; small rooms and standard/low ceilings
Located in a deprived area with constrained renter profile
Average size 839 sq ft; potential for value-add investment
This three-bedroom mid-terrace on Edward Street is offered strictly to investors and arrives with a long-term tenant in situ, producing immediate rental income of £590 pcm. Accommodation is arranged over three floors with a ground-floor lounge and dining room, fitted kitchen, bathroom, two double bedrooms on the first floor and a further double bedroom on the second. The property is freehold and suited to a landlord looking to add a cash-flowing unit to a portfolio.
The house is traditionally constructed (circa 1900–1929) with solid brick walls and uPVC double glazing. Heating is mains gas to a boiler and radiators. Energy Performance Rating is D and council tax is band A, both points that help running costs remain modest for tenants. Externally there is a very small, low-maintenance courtyard garden to the rear.
Notable negatives are practical and should be factored into acquisition costs: the area records high deprivation and is classed as constrained renters, the property shows signs of needing modernization and improvement, and the walls are assumed uninsulated which will limit thermal performance. The property’s size is average (approx. 839 sq ft) with generally small rooms and standard ceiling heights, so potential rent uplift may require targeted refurbishment.
For investors: the immediate yield at the current rent and asking price provides a starting return while refurbishment or energy-efficiency improvements could increase capital value and rental income. Buyers should conduct usual due diligence, tenant checks, and factor refurbishment and energy upgrade costs into offers.
3 bedroom terraced house for sale in Barcroft Street, Cleethorpes, DN35 — £69,950 • 3 bed • 1 bath • 935 ft²
3 bedroom terraced house for sale in Fuller Street, Cleethorpes, DN35 — £89,950 • 3 bed • 1 bath • 1112 ft²
3 bedroom terraced house for sale in Brereton Avenue, Cleethorpes, DN35 — £75,000 • 3 bed • 1 bath • 963 ft²
3 bedroom terraced house for sale in Daubney Street, Cleethorpes, DN35 — £90,000 • 3 bed • 1 bath • 1001 ft²
3 bedroom terraced house for sale in Lovett Street, Cleethorpes, N.E Lincolnshire, DN35 — £88,000 • 3 bed • 1 bath • 846 ft²
3 bedroom terraced house for sale in Bramhall Street, Cleethorpes, DN35 — £120,000 • 3 bed • 2 bath • 947 ft²
