Initial price	£300,000
09/01/25	£279,950
Price Change	-6.68%

This 7-apartment block on Grimsby Road in Cleethorpes presents an exciting investment opportunity, with an estimated rental income of £42,000 per year pending high-quality refurbishment and compliance with current regulations. The property features six apartments with shared communal entrances, plus a separate coach house-style maisonette with its own private entrance. Each apartment has its own kitchen, living area, and bathroom, providing self-contained living spaces. The property would benefit from modernisation, making it an ideal project for investors looking to maximize rental yield and tenant appeal. The block also features a courtyard with off-road parking, a valuable amenity in this desirable location. With Cleethorpes' amenities, including shops, restaurants, and public transport links, just a short walk or drive away, this is a rare 7-in-1 investment opportunity in a thriving coastal town, offering significant returns with the right improvements.