This 3-bedroom end terrace property in Cleethorpes presents an intriguing opportunity for investors and renovators alike. Originally designed for conversion into a House in Multiple Occupation (HMO), the property has already seen some updates, including new smoke alarms and uPVC double glazed windows throughout. However, it awaits further renovations to meet HMO licensing requirements and is poised for transformation into a profitable rental asset.
The ground floor features adaptable living and dining areas that could easily serve as additional bedrooms, making it ideal for HMO conversion. The current layout provides a solid foundation for future improvements, particularly with its combination of reception rooms and a shower room.
On the first floor, there are three well-proportioned rooms, each benefiting from natural light. A small garden area at the front and rear adds to the outdoor space available, supplemented by a detached garage that offers potential storage or workshop space.
This property represents a blank canvas with significant scope for maximizing income potential through strategic renovations. Located in a growing rental market, it’s an investment opportunity not to be missed.
