Grimsby Road, Cleethorpes, Lincolnshire, DN35
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes 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
- VIDEO VIEWING AVAILABLE
- Freehold property arranged as two self-contained flats
- Two bedrooms to each flat
- Ground-floor flat with separate bathroom and WC
- Refurbishment and improvement works required
- Excellent opportunity for a landlord investor or developer
- Estimated rental value of approximately £500 pcm per flat
- Potential combined rental income of £12,000 per annum
- Potential gross rental yield of approximately 12.6% at the £95,000 asking price
Description
The property occupies a convenient and well-established position on Grimsby Road, providing easy access to the centres of both Cleethorpes and Grimsby. A good selection of local shops and everyday amenities can be found nearby, together with regular public transport services and convenient road links throughout the surrounding area.
The ground-floor flat comprises a living room, kitchen, two bedrooms, bathroom and separate WC. The first-floor flat is independently arranged to provide a living room, kitchen, two bedrooms and bathroom.
Although the property requires a programme of refurbishment and general improvement, it offers considerable potential to create two attractive rental units in an area where accommodation of this nature should prove popular. Once refurbished, each flat is estimated to achieve a rental income in the region of £500 per calendar month, producing a potential combined income of £1,000 per calendar month or £12,000 per annum.
Based upon the asking price of £95,000, the estimated rental income would represent a potential gross rental yield of approximately 12.6%.
The property is being sold freehold and represents a competitively priced opportunity for purchasers seeking a refurbishment project with strong income-producing potential.
Ground Floor Flat
Communal Entrance Hall
Private Entrance Hall
Bedroom 1
4.2m plus bay x 3.93m into chimney recess - With radiator and uPVC double glazed bay window.
Bedroom 2
4.11m x 3.47m
With open fireplace. Radiator and uPVC double glazed window unit.
Living Room
5.3m x 3.33m
With brick fireplace. Radiator.
Kitchen
3.36m x 3.09m
Partially tiled and having a range of wall and base units incorporating a sink unit with drainer and mixer tap and having radiator and uPVC double glazed window unit. Gas fired central heating boiler.
Rear Entrance Lobby
Bathroom
With panelled bath and pedestal basin. Extractor. Radiator and uPVC double glazed window unit.
W.C.
Fitted with a low-flush w.c. and radiator.
First Floor Flat
Private Landing
Living Room
4.14m x 5.03m
With radiator and two uPVC double glazed window units.
Bedroom 1
4.08m x 3.38m
With radiator and uPVC double glazed window unit.
Bedroom 2
3.13m x 2.37m
With radiator.
Kitchen
3.35m x 3.13m
Partially tiled and fitted with a range of wall and base units incorporating a sink unit with drainer and mixer tap, having gas point for cooker. Radiator and uPVC double glazed window unit.
Bathroom
Partially tiled and fitted with a three piece suite comprising panelled bath, pedestal basin and low-flush w.c. Radiator and uPVC double glazed window unit.
Gardens
The property has gardens to the front and rear.
Sale Ready Conveyancing
The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches. The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process. The legal pack includes • Evidence of title • Standard searches (regulated local authority, water & drainage & environmental) • Protocol forms and answers to standard conveyancing enquiries The legal pack is available to view in the branch prior to agreeing to purchase the property. The vendor requests that the buyer buys the searches provided in the pack which will be billed at £360 inc VAT upon completion. We will also require any purchasers to sign a buyer's agreement."
Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.
Services
We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.
Council Tax Band A (Each Flat)
This information was obtained on the 21st July 2026 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
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
Mortgage Advice Bureau works with Jackson, Green & Preston Estate Agents to provide their clients with expert mortgage and protection advice. We have access to over 12,000 mortgages from 90+ lenders so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our customers have access to the latest deals available and receive a first-class service. We will take care of everything from explaining all of your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. Mortgage Advice Bureau (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.
- On street
- 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.
- Ask agent
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About Jackson Green and Preston, Grimsby
19 West St. Marys Gate, Grimsby, DN31 1LE
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Visit our security centre to find out moreDisclaimer - Property reference GRS260856. 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 and 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.