Summary - Cleethorpe Road, Grimsby, N E Lincs, DN31 DN31 3HW
1 bed 1 bath Not Specified
**Key Features:**
- Multi-unit mixed-use property: Four one-bedroom flats and a ground floor commercial unit.
- Strong rental income of £1850.00 PCM with long-term tenants in place.
- Freehold title with significant renovation potential.
- Large overall size of 1841 sq ft with a small plot size.
- Excellent location near Grimsby Town Centre, direct access to A180, and close to Cleethorpes Sea Front.
- Walkable amenities within 250m, including shops, schools, and leisure activities.
- Positive potential for investment despite the need for maintenance and renovations.
Discover a lucrative investment opportunity in this expansive multi-unit property located on Cleethorpe Road, Grimsby. Comprising four modern one-bedroom flats and a sizable ground floor commercial unit, this freehold asset currently generates an impressive £1850.00 per month with long-standing tenants. The property features modern fitted kitchens and bathrooms in each flat, set over three storeys, providing ample rental potential in a centrally located area.
While the building does require attention and renovations, the proximity to local amenities and transport links makes it an attractive investment for both seasoned investors and beginners looking to enter the market. Additionally, the surrounding area has seen varied development, providing opportunities for future value growth. With auction bidding starting soon, don’t miss your chance to secure this versatile property that offers long-term financial benefits in a rapidly evolving locale.
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