Summary - First Floor Flat, 215 Grimsby Road DN35 7HB
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Mixed-use building with immediate rental income
- **Current Tenants:** Two occupied flats generating £13,140/year
- **Commercial Space:** Vacant but previously leased at £500 PCM for a potential yield of 10.63%
- **Prominent Location:** High traffic along Grimsby Road, near Cleethorpes seafront and town center
- **Architectural Charm:** Character-rich Victorian features
- **Amenities Nearby:** Convenient access to schools, shops, and leisure activities
**Summary Description:**
Introducing this versatile mixed-use building at 215 Grimsby Road in Cleethorpes, strategically positioned for maximum visibility and foot traffic. The property includes two one-bedroom flats, both currently tenanted and generating a combined annual income of £13,140, providing an immediate return for investors. The ground floor commercial space, previously rented for £500 PCM, offers further potential for revenue growth.
With ornate Victorian touches and high ceilings, the building radiates charm. The residential areas consist of bright, functional living spaces with essential amenities close at hand, making this a desirable location for families and renters alike. Notably, this property is ideally located near outstanding primary and secondary schools, convenience stores, and recreational facilities, catering to diverse lifestyles. Explore the investment potential and make this promising property yours today!
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