Initial price	£60,000
11/10/24	£55,000
Price Change	-8.33%

This spacious ground floor flat in Cleethorpes is being offered for sale with no forward chain, making it an excellent investment opportunity. The property generates £425 per month in rent, creating an annual gross yield of 8.5% at the asking price. Located just outside Sidney Park, the flat has amenities within walking distance and benefits from on-street parking, a small front garden, and a private enclosed rear garden. The property is leasehold with 199 years remaining, and the ground rent is £100 per annum with no service charge. The building insurance premium is approximately £200 per month. With a realistic price and a steady income stream, this property presents a great chance to invest in the Cleethorpes area.