Poplar Road, Cleethorpes... Block of apartments for sale

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Poplar Road, Cleethorpes... Block of apartments for sale

Poplar Road, Cleethorpes, Lincolnshire, DN35
£145,000

Price History

Initial price £174,000
11/10/23 £169,000
18/05/24 £164,500
10/01/25 £160,000
06/06/25 £150,000
02/10/25 £145,000
Price Change -16.67%

Description

This is an excellent investment opportunity to purchase two self-contained flats located close to Cleethorpes town centre, with a combined annual income of £12,660 at a yield of 7.91%. The flats are well-presented with modern kitchens and bathrooms, gas fired central heating, and uPVC double glazing. The first floor flat is a one-bedroom property with off-road parking, while the ground floor flat is a two-bedroom property with parking to the rear. Both flats are currently let on Assured Shorthold Tenancy Agreements, generating a total monthly income of £1,055. The property is being sold as a whole, or the seller may consider selling each flat individually.