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Albert Road, Cleethorpes, Lincolnshire, DN35

Key features

  • Prime location near Cleethorpes seafront
  • Expertly converted townhouse with 4 self-contained 1-bed apartments
  • Current annual rental income of £20,060
  • Long-term tenants in place with desire to continue renting
  • Potential to increase rental rates and boost returns
  • Well-presented and low-maintenance property
  • Ideal investment for expanding property portfolios
  • Excellent opportunity—contact us today to arrange a viewing!

Description

Presenting this exceptional townhouse, just a stone's throw away from Cleethorpes seafront. This property has been expertly converted to offer 4 self-contained one-bedroom apartments, each currently let out with a combined annual income of £20,060. Tenants have been in residence for several years and express a desire to continue renting.
There is potential to enhance the investment return by increasing rental rates, further adding to the appeal of this outstanding opportunity. With its prime location and established rental income, this property represents an excellent investment choice for discerning buyers looking to expand their portfolio. Don't miss out on the chance to secure this lucrative investment - contact us today to arrange a viewing and seize this promising opportunity.

Ground Floor

Flat 2

Located on the ground floor to the front.

Living Room/Kitchen

4.67m plus bay x 3.95m - With laminate flooring, recessed spotlights, free standing heater and uPVC double glazed leaded window unit. The kitchen area has a selection of wall and base units incorporating a sink unit with drainer, having electric point for a cooker with extractor. Plumbing for washing machine.

Bedroom

3.72m x 3.7m

Recessed spotlights and free standing heater. uPVC double glazed entrance door and side screen.

En-Suite

Partially tiled and having pedestal basin, shower cubicle and glazed door.

NOTE

This property is let at £80 per week.

Flat 1

Located on the ground floor to the rear.

Living Room/Kitchen

5.09m x 3.06m

With electric fire and wall mounted heater. uPVC double glazed window unit and uPVC double glazed entrance door. The kitchenette has laminate flooring and is fitted with a selection of base units incorporating a sink unit with drainer and having electric cooker.

Bedroom

3.68m x 2.16m

With two uPVC double glazed window units and a wall mounted heater.

En-Suite Shower Room

With pedestal basin and low-flush w.c. Having a shower cubicle with glazed door and shower. uPVC double glazed window unit.

NOTE

This flat at £90 per week.

First Floor

Flat 3

Rear flat.

Kitchen

3.72m x 1.56m

Partially tiled and fitted with a good selection of modern wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, hob and extractor. uPVC double glazed window unit and kickboard heater.

Living Room

3.75m x 2.67m

With electric fire and wall mounted heater. uPVC double glazed window unit.

Bedroom

2.9m x 2.36m

With electric wall mounted heater. uPVC double glazed window unit.

Shower Room

Having corner shower cubicle, panelled bath and low-flush w.c. Plumbing for washing machine. Extractor. uPVC double glazed window unit.

NOTE

This flat is let at £435 per calendar month.

Flat 4

Front flat.

Entrance Hall

With electric radiator.

Shower Room

Having shower cubicle, low-flush w.c. and a pedestal basin. This is a very smart suite and has a heated towel rail and uPVC double glazed window unit. Tiled flooring.

Living Room

4.66m x 3.64m

With electric fire and wall mounted heater. uPVC double glazed window unit.

Bedroom

3.8m x 3.61m

With uPVC double glazed window unit and wall mounted heater.

Kitchen

3.32m x 1.7m

Partially tiled and fitted with a good selection of modern wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, hob and extractor. Recessed spotlights. Plumbing for washing machine. uPVC double glazed window unit.

NOTE

This flat is let at £500 per calendar month.

Car Parking

There are two car parking spaces at the rear.

Council Tax Band A (Each Flat)

This information was obtained on the 4th October 2024 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation. Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See

Broadband & Mobile Phone Coverage

Please use the following link to check the mobile phone and broadband coverage for this property.

Property Management

Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail ( ) for some informal advice. Further information is also available on our website at

Property To Sell

Do you have a property to sell? For professional valuation advice, contact our Grimsby Office ). One of our experienced valuers will be happy to provide a free marketing appraisal of your property.

Surveys

Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors. To discuss your survey needs, please contact our Survey Department on .

Sources Of Useful Information

Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.

Mortgage Advice

We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property. They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity. No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will (truncated)

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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Albert Road, Cleethorpes, Lincolnshire, DN35

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About Jackson Green & Preston, Grimsby

19 West St. Marys Gate, Grimsby, DN31 1LE
Industry affiliations:
About Us
About us

Founded in 1920, Jackson Green & Preston is Grimsby and Cleethorpes largest and best known local Estate Agency, with over 95 years experience in the property market and currently having 400 or so properties on the market through our agency.

In 2011, on the retirement of the Partners in Goudes Chartered Surveyors, we acquired their very successful Lettings and Management Department, reinforcing our position as one of Grimsby's premier Management Agents.

In 2016, following the retirement of the principal of Bacons Property Management, we were again approached and offered the opportunity to further enhance our position as Grimsby's leading lettings specialist by acquiring Bacons Property Management.

We are members of the Guild Property Professionals and we provide a level of service that meets a high standard of knowledge, integrity, and results. Don't just take our word for it, read some of our testimonials below.

Knowledge

"'Knowledgeable professional, excellent service - highly recommended'

The service from Kevin at Jackson Green & Preston is excellent. He is not only exceedingly knowledgeable on leasehold extensions, he is also a very clear communicator and a brilliant negotiator. I had a very difficult time with a landlord who didn't seem to understand my rights as a tenant - Kevin gave me excellent advice and conducted the negotiations with the landlord and her solicitor. He also drafted applications to the tribunal on my behalf. Under the circumstances, it was Kevin (rather than my solicitor or anyone else) that made it happen. The back office team are also competent and friendly. I highly recommend Kevin and the team to anyone going through the statutory process for a lease extension." - Testimonial

Integrity

"

Great company to deal with buying and selling.

'

Extremely helpful. Found our purchaser and showed them around etc while we were in Barbados for 7 weeks. Kept in constant touch by phone and Email. Nothing was too much trouble!" - Testimonial

Results

"

Fantastic service, Fallon has been brilliant and kept me up to date with our sale, really friendly and approachable staff. Very reasonable sales fees. Our property had the asking price within a week, really efficient. Would recommend Jackson, Green and Preston.

!" - Testimonial

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,284
We think you can borrow up to
Add your household income above
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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.

Notes

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Disclaimer - Property reference GRS241360. 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 Jackson Green & Preston, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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