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A five bedroom licensed house of multiple occupancy in a freehold terrace house with a gross annual yield of £20,540.04 (22.8%).

A five bedroom licensed house of multiple occupancy in a freehold terrace house with a gross annual yield of £20,540.04 (22.8%).

Address

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Auction date

27 Sep 2024

Guide price

£90,000

Type

House

Tenure

Freehold

EPC Rating

E

Status

Ended

Auction location placehbolder

Description

This freehold terrace house offers a well-maintained five bedroom licensed house of multiple occupancy. Fully occupied with a gross annual yield of 22.8%, it's an ideal asset for seasoned investors.

  • Five occupied rooms
  • Living room and kitchen
  • Ground floor WC
  • First floor bathroom
  • Recently maintained

Located opposite Sidney Park in Cleethorpes, the property is just 1.1 miles from Cleethorpes railway station. This investment is not just about the number of rooms but also the steady income from tenants.

Last update: 20 Jul 2026

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