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Poplar Road, Cleethorpes... Block of apartments for sale
Poplar Road, Cleethorpes, Lincolnshire, DN35
£150,000
Poplar Road, Cleethorpes, Lincolnshire, DN35
£150,000
Price History
Initial price | £182,000 |
08/04/23 | £178,000 |
01/07/23 | £174,000 |
11/10/23 | £169,000 |
18/05/24 | £164,500 |
10/01/25 | £160,000 |
06/06/25 | £150,000 |
Price Change | -17.58% |
Description
This is an excellent investment opportunity to purchase two self-contained flats located close to Cleethorpes town centre, with a strong rental income potential. Both flats are currently let on Assured Shorthold Tenancy Agreements, generating 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. The property is being sold as a whole or could be sold individually, offering flexibility for investors or those looking to purchase a home.