4 Bed Terraced House, Refurb/BRRR, Cleethorpes, DN35 7RL, £100,000

Brereton Avenue, Cleethorpes, DN35 7RL - 12 views - 2 months ago

Refurb/BRRR
ROI: 3%
~129 m²
+12 photos

ValuationUndervalued











Investment Opportunity



































Property History

Listed for £100,000

January 28, 2025

Floor Plans

Description

  • Versatile investment opportunity: End-terraced property split into two two-bedroom dwellings. +
  • Front dwelling: Entrance hall, lounge with bay window, kitchen, two bedrooms, and a bathroom. +
  • Rear dwelling: Lounge, kitchen, ground-floor bathroom, and two first-floor bedrooms. +
  • Outdoor spaces: Front yard and rear garden with potential for enhancement. +
  • Prime location: Close to amenities, public transport, and schools for all ages. +
  • Attractive rental potential: Estimated income of £13,200 annually after modernisation. +

A great investment opportunity, this end-terraced property on Brereton Avenue has been converted into two separate two-bedroom dwellings,
offering versatile accommodation. While requiring modernisation, the property has significant potential for both rental income and long-term growth.

Front Dwelling
The front part of the property features:

An entrance hall.
A spacious lounge with a charming square bay window, allowing plenty of natural light.
A functional kitchen on the ground floor.
Two bedrooms and a bathroom on the first floor, providing comfortable living space.
Rear Dwelling
The rear dwelling includes:

A cosy lounge.
A separate kitchen and a bathroom conveniently located on the ground floor.
Two well-proportioned bedrooms on the first floor.
External Features
A front yard, adding to the property’s curb appeal.
A rear garden, ideal for outdoor enjoyment or further development.
Location Highlights
Situated within easy reach of local amenities, this property benefits from regular public transport links, proximity to schools for all ages, and a well-connected position in a vibrant community.

With an estimated rental income of £13,200 per annum (subject to modernisation and compliance with current legislation), this property represents a superb investment. Being sold with no onward chain, it’s a fantastic opportunity for investors or those looking to undertake a rewarding renovation project.
• On street parking
• Limited mobile coverage

Viewings are highly recommended to appreciate the full potential of this property!

Agent Details

DDM Residential, Grimsby

01472 404591

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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