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Lovett Street, Cleethorpes, N.E Lincolnshire, DN35

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Ideal investment
  • Tenant in situ
  • Through lounge and dining room
  • Breakfast kitchen
  • Downstairs bathroom
  • Three double bedrooms
  • Front and rear gardens
  • EPC: D | Tenure: Freehold | Council Tax: A

Description

Investment Opportunity in Cleethorpes: 3 Bed House with Long-Term Tenant paying £550 a month.
Welcome to your next investment opportunity in the heart of Cleethorpes! This well-maintained 3-bedroom terraced house presents an ideal ready-made investment for landlords seeking a reliable income stream.

Currently occupied by a long-term tenant paying £550.00 per month
Property Highlights:

Spacious Through Lounge Dining Room: Enjoy the comfort and versatility of a through lounge dining room featuring a bay window, providing ample natural light and a welcoming ambiance for tenants.

Galley Breakfast Kitchen: The modern galley breakfast kitchen offers convenience and functionality, equipped with all the essentials to cater to tenants' needs.

Modern Bathroom: A well-appointed modern bathroom adds to the appeal of this property, providing comfort and convenience for tenants.

Three Double Bedrooms: Upstairs, discover three generously sized double bedrooms, offering plenty of space for tenants to relax and unwind.

Outdoor Space: The property boasts a small front garden and a rear garden featuring a lawn and patio, providing tenants with outdoor space to enjoy and entertain.

Location Advantages:

Convenient Access: Situated within walking distance of public transport links, tenants have easy access to commuting options, enhancing the property's appeal.

Local Amenities: Enjoy the convenience of nearby local amenities, including shops, restaurants, and recreational facilities, catering to tenants' daily needs and leisure activities.

Schools: Families will appreciate the proximity to schools catering to all ages, making this property an attractive option for tenants with children.

Investment Potential:

With a reliable long-term tenant in place and a solid yield of 6.5% at the asking price, this property presents a compelling investment opportunity for landlords looking to expand their portfolio in Cleethorpes. Benefit from immediate rental income and the potential for future capital appreciation in a sought-after location.

Don't Miss Out:

Seize the opportunity to add this turnkey investment property to your portfolio in Cleethorpes. Contact us today to arrange a viewing and secure your investment future!

SITTING/DINING ROOM

12' 5" x 25' 0" (3.78m x 7.62m)

KITCHEN

7' 4" x 17' 0" (2.24m x 5.18m)

REAR LOBBY

7' 4" x 2' 3" (2.24m x 0.69m)

BATHROOM

7' 4" x 7' 3" (2.24m x 2.2m)

BEDROOM 1

12' 5" x 11' 5" (3.78m x 3.48m)

BEDROOM 2

8' 2" x 11' 9" (2.5m x 3.58m)

BEDROOM 3

7' 4" x 8' 9" (2.24m x 2.67m)

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lovett Street, Cleethorpes, N.E Lincolnshire, DN35

Approximate location

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__mins driving to your place

Affordability

Monthly repayments£444
Property: £ 88,000
Deposit: £ 8,800
Interest rate: 5.38%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About DDM Residential, Grimsby

Osborne Chambers 25 Osborne Street, Grimsby, DN31 1EY
Industry affiliations:

LOCAL SINCE 1889. INDEPENDENT BY CHOICE.

If you are thinking about selling your home in Grimsby, Cleethorpes or the surrounding villages, choosing an estate agent shouldn't simply be about who gives you the highest valuation or quotes the lowest fee.

It should be about who gives your home the best chance of achieving the right result.

DDM Residential has been helping people move since 1889. More than 130 years later, we're still independent, still local and still firmly focused on what matters most: getting people moved.

Our Grimsby team combines generations of local knowledge with modern property marketing, proactive buyer contact, experienced negotiation and hands-on sales progression from valuation right through to completion.

WE DON'T JUST LIST HOMES. WE MARKET THEM.

Putting a property on Rightmove is the easy bit.

The real work is understanding who is most likely to buy your home, what will make them notice it and how we create enough interest to make them act.

That begins with the right pricing strategy and presentation.

Strong photography. Engaging descriptions that actually sell the lifestyle. Floorplans. Major property portals. Social media. Buyer matching. Proactive telephone work. Viewings followed up properly. Offers negotiated by experienced people rather than simply passed from buyer to seller.

Because the difference between being on the market and moving is what happens after your property goes live.

GRIMSBY ISN'T ONE PROPERTY MARKET

A family home in Waltham needs to be marketed differently from a period property in central Grimsby.

A bungalow in Humberston attracts a different buyer from a first-time home in Scartho.

Cleethorpes, New Waltham, Healing, Holton-le-Clay and the surrounding villages each have their own audiences, price points and reasons why people want to live there.

That local understanding matters.

Our job isn't simply to know what has sold nearby. It's to understand why somebody will want to buy your particular home and build the marketing around that.

FIVE BRANCHES. ONE DDM NETWORK.

Your home isn't marketed by one isolated office.

Our Grimsby branch forms part of DDM Residential's five-branch regional network, connecting sellers with buyers across Northern Lincolnshire and beyond.

That means more conversations, more buyer relationships and more opportunities to introduce your home to somebody who may not originally have been searching in your exact postcode.

For premium and lifestyle homes, our wider group also includes Fine & Country Northern Lincolnshire, providing a specialist route to market for properties requiring a different level of presentation and exposure.

AND WHEN WE FIND YOUR BUYER, THE JOB ISN'T FINISHED.

Agreeing a sale is only part of selling a property.

Chains need managing. Solicitors need chasing. Mortgage applications need progressing. Problems need solving.

Our team remains involved throughout the transaction because a Sold STC board isn't the objective. Completion is.

Alongside traditional residential sales, the wider DDM group can also assist with specialist property auctions, lettings and property management, and access to mortgage advice, giving our clients a comprehensive property service when required.

THINKING ABOUT SELLING?

Before choosing an estate agent, invite us to your home.

We'll give you straightforward advice on its value, how we would position it in today's market, who we believe the likely buyer will be and, most importantly, what we would actually do to get you moved.

DDM Residential Grimsby

Local since 1889. Independent by choice. Property is what we do.

Book your valuation with our Grimsby team today.

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Disclaimer - Property reference GRS240172. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DDM Residential, Grimsby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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