Block of apartments for sale

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Block of apartments for sale

Poplar Road, Cleethorpes, Lincolnshire, DN35
£150,000

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
Price Change -13.79%

Description

This property presents an excellent investment opportunity, comprising two self-contained flats located near Cleethorpes town centre. 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 properties are well-presented, featuring modern kitchens and bathrooms, gas-fired central heating, and uPVC double glazing. The first-floor flat has a driveway providing off-road parking, while the ground-floor flat has parking to the rear. The property is being sold as a whole, but the seller may consider selling each flat individually.