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

This seven-apartment block on Grimsby Road in Cleethorpes offers an exciting investment opportunity, with an estimated annual rental income of £42,000. The property, which comprises six apartments and a separate maisonette, is in need of modernisation and refurbishment to maximise rental yield and tenant appeal. Each apartment features its own kitchen, living area, and bathroom, providing self-contained living spaces. The property also benefits from a courtyard with off-road parking, a valuable feature in this desirable location. Cleethorpes' amenities, including shops, restaurants, and public transport links, are within easy reach, and the picturesque seafront is just a 15-minute walk or drive away. With the right improvements, this property has significant potential for returns, making it a rare and attractive investment opportunity in a thriving coastal town.