4 bed terraced house for sale

Lovett Street, Cleethorpes, Lincolnshire DN35

This four-bedroom terraced house is offered **for sale** in Cleethorpes as a ready-made HMO investment, presented in a neutrally decorated condition throughout. Configured to maximise rental income, the property provides four double bedrooms, two of which benefit from en-suite facilities, alongside a main shared bathroom. A communal living area and a modern kitchen serve the household, and the property further benefits from a spacious garden offering additional communal space.

Recent works include full renovation with a new boiler, updated electrics, a new kitchen and neutral décor, allowing an incoming investor to start or expand their portfolio with minimal immediate outlay. Based on the current configuration, there is potential to achieve approximately £475 per calendar month for the en-suite bedrooms and £430 per calendar month for the remaining rooms, giving a projected annual income of £21,720 and a gross yield in the region of 16.1%. The property has an EPC rating of D and falls within Council Tax Band A.

Cleethorpes offers a range of local amenities including supermarkets, independent shops and cafés, together with access to the seafront and its promenade, gardens and leisure facilities. There are several primary and secondary schools in the wider area, making the location attractive to a broad tenant base.

Public transport links are available via Cleethorpes railway station, with regular services to Grimsby, Barton-on-Humber and onward connections to towns and cities such as Doncaster, Lincoln and Sheffield, making this property a practical choice for commuting tenants.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

GRI260100/8

Main Accommodation

Entrance Hall

Bedroom 2 (2.46m x 3.1m (8' 1" x 10' 2"))

En-Suite (1.52m x 0.81m (5' 0" x 2' 8"))

Living Area (3.78m x 2.9m (12' 5" x 9' 6"))

Kitchen (2.03m x 5.4m (6' 8" x 17' 9"))

Bathroom (2.18m x 2.74m (7' 2" x 9' 0"))

First Floor Landing

Bedroom 3 (2.26m x 3.78m (7' 5" x 12' 5"))

Bedroom 4 (3.1m x 2.03m (10' 2" x 6' 8"))

Bedroom 1 (3.96m x 3.45m (13' 0" x 11' 4"))

En-Suite (1.85m x 0.84m (6' 1" x 2' 9"))

Rear Garden