2 Bed Terraced House, Single Let, Cleethorpes, DN35 7ED, £74,950

211 Lovett Street, Cleethorpes, DN35 8TG - 5 views - 2 years ago

BTL
ROI: 7%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£42K - £150K
Sold Prices/m²£519/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£64,705

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,738

Stamp Duty & Legal Fees

£3,449

Total Cash In

£22,186

 

 

Cash Out

 

Rent Range

£450 - £1,000

Rent Estimate

£488

Running Costs/mo

£352

Cashflow/mo

£136

Cashflow/yr

£1,634

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £42K to £150K, average is £78.8K. £519/m² to £3K/m², average is £950/m².

PriceDateDistanceAddressBeds 
£60K11/200.05 mi133a, Brereton Avenue, Cleethorpes, North East Lincolnshire DN35 7RL2
£66K03/210.07 mi147, Tiverton Street, Cleethorpes, North East Lincolnshire DN35 7EF2
£90K01/230.07 mi111, Daubney Street, Cleethorpes, North East Lincolnshire DN35 7NN2
£79.5K10/200.09 mi134, Blundell Avenue, Cleethorpes, North East Lincolnshire DN35 7RJ2
£76K06/210.09 mi102, Blundell Avenue, Cleethorpes, North East Lincolnshire DN35 7RJ2
£75K06/230.12 mi159, Barcroft Street, Cleethorpes, North East Lincolnshire DN35 7DU2
£74K01/210.13 mi182, Barcroft Street, Cleethorpes, North East Lincolnshire DN35 7DX2
£72K08/230.14 mi191, Daubney Street, Cleethorpes, North East Lincolnshire DN35 7NT2
£55K04/210.15 mi59, Sidney Street, Cleethorpes, North East Lincolnshire DN35 7NQ2
£78K12/200.16 mi174, Daubney Street, Cleethorpes, North East Lincolnshire DN35 7NU2
£70K03/230.16 mi63, Sussex Street, Cleethorpes, North East Lincolnshire DN35 7NW2
£56K06/230.18 mi72, Tiverton Street, Cleethorpes, North East Lincolnshire DN35 7PR2
£75K04/210.2 mi34, Johnson Street, Cleethorpes, North East Lincolnshire DN35 7NA2
£78K10/210.2 mi17, Johnson Street, Cleethorpes, North East Lincolnshire DN35 7NA2
£75K04/210.2 mi34, Johnson Street, Cleethorpes, North East Lincolnshire DN35 7NA2
£70K11/210.22 mi27, Freeston Street, Cleethorpes, Humberside DN35 7LY2
£58K07/210.28 mi15, Mansel Street, Grimsby, North East Lincolnshire DN32 7QX2
£61K04/210.28 mi178a, Grimsby Road, Cleethorpes, North East Lincolnshire DN35 7EZ2
£76K02/210.29 mi21, Elliston Street, Cleethorpes, North East Lincolnshire DN35 7HS2
£42K05/230.32 mi71, Harold Street, Grimsby, North East Lincolnshire DN32 7NQ2
£141K12/200.32 mi48, Bramhall Street, Cleethorpes, North East Lincolnshire DN35 7QY2
£82.5K03/230.33 mi135, Castle Street, Grimsby, North East Lincolnshire DN32 7LB2
£115K05/230.36 mi23, May Street, Cleethorpes, North East Lincolnshire DN35 7HH2
£64K05/230.39 mi253, Durban Road, Grimsby, North East Lincolnshire DN32 8AU2
£120K08/210.4 mi2, Wilson Street, Cleethorpes, North East Lincolnshire DN35 7QF2
£122K01/230.41 mi6, Warneford Road, Cleethorpes, North East Lincolnshire DN35 7QL2
£93K01/230.45 mi27, Kathleen Grove, Grimsby, North East Lincolnshire DN32 8JT2
£55K01/230.46 mi162, Stanley Street, Grimsby, North East Lincolnshire DN32 7LJ2
£62K06/230.47 mi165, Stanley Street, Grimsby, North East Lincolnshire DN32 7LJ2
£98K10/210.49 mi13, Helene Grove, Grimsby, North East Lincolnshire DN32 8JX2
£120K11/210.49 mi10, Helene Grove, Grimsby, North East Lincolnshire DN32 8JX2
£100K06/210.51 mi44, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU2
£92K11/200.51 mi84, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU2
£97K02/210.51 mi64, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU2
£87K03/210.51 mi31, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU2
£100K06/210.51 mi57, Grove Crescent, Grimsby, Humberside DN32 8JU2
£90K04/210.54 mi165, Cooper Road, Grimsby, North East Lincolnshire DN32 8DQ2
£102.1K10/210.54 mi94, Cooper Road, Grimsby, North East Lincolnshire DN32 8DQ2
£81K03/210.54 mi136, Fairmont Road, Grimsby, North East Lincolnshire DN32 8DX2
£80K05/210.54 mi81, Fairmont Road, Grimsby, North East Lincolnshire DN32 8DX2
£50K06/230.57 mi63, Roberts Street, Grimsby, North East Lincolnshire DN32 8AW2
£62K01/210.57 mi75, Roberts Street, Grimsby, North East Lincolnshire DN32 8AW2
£150K12/220.58 mi8, Suggitts Orchard, Cleethorpes, North East Lincolnshire DN35 7LN2
£89K03/210.6 mi80, Runswick Road, Grimsby, North East Lincolnshire DN32 8HL2
£88K09/230.6 mi14, Bennett Road, Cleethorpes, North East Lincolnshire DN35 7JS2
£138K08/230.61 mi9, Holyoake Road, Grimsby, North East Lincolnshire DN32 8JH2
£130K08/220.61 mi9b, Holyoake Road, Grimsby, North East Lincolnshire DN32 8JH2
£63K02/210.62 mi323, Weelsby Street, Grimsby, North East Lincolnshire DN32 8AE2
£65K11/210.63 mi46, Julian Street, Grimsby, North East Lincolnshire DN32 8BH2
£120K10/210.64 mi28, Colin Avenue, Grimsby, North East Lincolnshire DN32 8EP2

Local Rents

16 rents from £450/mo to £1K/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£70004/240.03 mi-2
£65003/240.04 miValentine Court, Cleethorpes2
£46503/240.13 miGrimsby Road, Cleethorpes, DN352
£55003/240.13 miDaubney Street, Cleethorpes2
£57504/240.14 miImperial Court, Grimsby Road, Cleethorpes2
£1,00001/240.16 mi-2
£55003/240.17 miLovett Street, Cleethorpes, South Humberside, DN352
£45004/240.18 miFreeston Street, Cleethorpes2
£49503/240.27 miBlundell Avenue, Cleethorpes2
£50003/240.3 miPark Street, Grimsby2
£50003/240.3 miPark Street, Grimsby2
£52503/250.37 mi-2
£63503/240.45 miKathleen Grove, Grimsby!2
£59504/240.46 mi-2
£49503/240.51 miWeelsby Street, Grimsby, DN322
£55004/240.62 miWeelsby Street, Grimsby, Lincolnshire, DN322

Local Area Statistics

Population in DN35

34,530

Town centre distance

1.33 miles away

Nearest school

0.30 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+51%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £74,950

September 4, 2023

Floor Plans

Description

  • Traditional Mid Terraced House +
  • Through Lounge & Dining Room +
  • Kitchen +
  • Two good size bedrooms +
  • Family Bathroom +
  • Front & Rear Gardens +
  • No Chain +

Lovelle welcome to market this charming two-bedroom mid-terrace home, nestled in the heart of Cleethorpes, being sold with no forward chain. Boasting a convenient location, this property is strategically positioned to offer easy access to local amenities, Schools, and well-connected road links. The property benefits internally from attractive Light Oak Effect UPVC Double Glazing, and Gas Central Heating, with accommodation of an Entrance Hall, Through Lounge and Dining room, Kitchen, Landing, Two Good Size Bedrooms and a Bathroom. EPC rating: E. Tenure: Freehold,

Agent Details

Lovelle, Humberston

01472 404552

Next Steps?

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