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6 bedroom semi-detached house for sale
Waterloo Road, Mablethorpe LN12
£208,000
Waterloo Road, Mablethorpe LN12
£208,000
Price History
Initial price | £220,000 |
16/03/25 | £216,000 |
22/03/25 | £212,000 |
29/03/25 | £208,000 |
Price Change | -5.45% |
Description
This 6-bedroom semi-detached house in Mablethorpe is currently being used as a HMO and offers a fantastic investment opportunity. The property features a large kitchen, 5 bathrooms, and an observatory, and is located within walking distance of various amenities. With a current annual gross income of £36,000 from long-term tenants, the property is expected to generate significant rental returns. The property's potential for a worthwhile addition to an investor's portfolio is highlighted by its competitive purchase price and strong rental income, making it an attractive option for those looking to expand their property portfolio.