- No forward chain – ready-made tenanted investment +
- Currently generating £5,976 per annum +
- Three double bedrooms plus loft access +
- Popular Cleethorpes location with local amenities +
- Two reception rooms and galley kitchen +
- Close to schools and transport links +
- For Sale by Modern Auction – T & C’s apply +
- Subject to Reserve Price +
- Buyers fees apply +
- The Modern Method of Auction +
Investment or First time buyer opportunity – Three Bedroom Terraced House in Cleethorpes.
This three-bedroom terraced house is offered for sale with no forward chain and is currently occupied by long-term tenants, generating a reliable annual rental income of £5,976. Situated in a popular residential area of Cleethorpes, the property is ideal for investors looking to start or expand their rental portfolio with immediate returns. The location offers excellent access to local amenities including a convenience store, supermarket, veterinary practice, and a variety of takeaways. There are regular public transport links nearby and schools for all age groups within easy reach, making it a desirable area for tenants and families alike.
Inside, the property features a front lounge with a bay window, a second sitting or dining room, a galley kitchen, rear lobby, and a ground floor bathroom. Upstairs, you’ll find three generously sized double bedrooms, with access to the loft, providing useful storage or potential for further use. Externally, the home benefits from both a front and rear yard, offering low-maintenance outdoor space.
This is a great opportunity for landlords seeking a hands-off investment with income from day one. If you’re looking to move in yourself, please call us to discuss potential options.
Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.