2 Bed Terraced House, Single Let, Cleethorpes, DN35 7JQ, £104,950

Douglas Road, Cleethorpes, DN35 7JQ - 1 views - a month ago

BTL

ROI: 1%

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£40K - £150K
Sold Prices/m²	£519/m² - £3K/m²

Square Metres	~68.11 m²
Price/m²	£1.5K/m²
Value Estimate	£71,152£71,152

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£26,238£26,238
Stamp Duty & Legal Fees	£6,448£6,448
Total Cash In	£32,685£32,685

Cash Out
Rent Range	£450 - £2,509£450 - £2,509
Rent Estimate	£469
Running Costs/mo	£442£442
Cashflow/mo	£27£27
Cashflow/yr	£327£327
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £40K to £150K, average is £82.8K. £519/m² to £3K/m², average is £1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£122K	01/23	0.05 mi	6, Warneford Road, Cleethorpes, North East Lincolnshire DN35 7QL	£1,335	91	2	Terraced House
£120K	08/21	0.08 mi	2, Wilson Street, Cleethorpes, North East Lincolnshire DN35 7QF	£1,481	81	2	Terraced House
£150K	12/22	0.12 mi	8, Suggitts Orchard, Cleethorpes, North East Lincolnshire DN35 7LN	£3,000	50	2	Terraced House
£115K	05/23	0.17 mi	23, May Street, Cleethorpes, North East Lincolnshire DN35 7HH	£1,278	90	2	Terraced House
£61K	04/21	0.18 mi	178a, Grimsby Road, Cleethorpes, North East Lincolnshire DN35 7EZ	-	-	2	Terraced House
£88K	09/23	0.2 mi	14, Bennett Road, Cleethorpes, North East Lincolnshire DN35 7JS	-	-	2	Terraced House
£76K	02/21	0.2 mi	21, Elliston Street, Cleethorpes, North East Lincolnshire DN35 7HS	£950	80	2	Terraced House
£40K	01/21	0.24 mi	41, Pelham Road, Cleethorpes, North East Lincolnshire DN35 7JT	£656	61	2	Terraced House
£141K	12/20	0.27 mi	48, Bramhall Street, Cleethorpes, North East Lincolnshire DN35 7QY	£1,880	75	2	Semi-Detached House
£83K	04/23	0.35 mi	111, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LG	£1,317	63	2	Semi-Detached House
£82K	06/23	0.35 mi	91, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LG	£1,281	64	2	Terraced House
£88K	11/20	0.35 mi	33, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LG	£1,048	84	2	Terraced House
£79K	02/23	0.35 mi	107, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LG	£1,145	69	2	Terraced House
£59.5K	05/21	0.36 mi	18, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LQ	-	-	2	Terraced House
£79.5K	10/20	0.37 mi	134, Blundell Avenue, Cleethorpes, North East Lincolnshire DN35 7RJ	£1,028	77	2	Terraced House
£76K	06/21	0.37 mi	102, Blundell Avenue, Cleethorpes, North East Lincolnshire DN35 7RJ	-	-	2	Terraced House
£66K	03/21	0.39 mi	147, Tiverton Street, Cleethorpes, North East Lincolnshire DN35 7EF	-	-	2	Terraced House
£56K	06/23	0.39 mi	72, Tiverton Street, Cleethorpes, North East Lincolnshire DN35 7PR	£727	77	2	Terraced House
£60K	11/20	0.47 mi	133a, Brereton Avenue, Cleethorpes, North East Lincolnshire DN35 7RL	£845	71	2	Semi-Detached House
£90K	01/23	0.52 mi	111, Daubney Street, Cleethorpes, North East Lincolnshire DN35 7NN	£811	111	2	Terraced House
£75K	06/23	0.53 mi	159, Barcroft Street, Cleethorpes, North East Lincolnshire DN35 7DU	£926	81	2	Terraced House
£74K	01/21	0.55 mi	182, Barcroft Street, Cleethorpes, North East Lincolnshire DN35 7DX	£892	83	2	Terraced House
£72K	08/23	0.57 mi	191, Daubney Street, Cleethorpes, North East Lincolnshire DN35 7NT	£900	80	2	Terraced House
£120K	12/22	0.58 mi	79, College Street, Cleethorpes, North East Lincolnshire DN35 8BN	£1,519	79	2	Terraced House
£78K	12/20	0.59 mi	174, Daubney Street, Cleethorpes, North East Lincolnshire DN35 7NU	£963	81	2	Terraced House
£55K	04/21	0.59 mi	59, Sidney Street, Cleethorpes, North East Lincolnshire DN35 7NQ	£625	88	2	Terraced House
£93K	01/23	0.6 mi	27, Kathleen Grove, Grimsby, North East Lincolnshire DN32 8JT	£1,525	61	2	Terraced House
£70K	03/23	0.61 mi	63, Sussex Street, Cleethorpes, North East Lincolnshire DN35 7NW	£833	84	2	Semi-Detached House
£75K	04/21	0.64 mi	34, Johnson Street, Cleethorpes, North East Lincolnshire DN35 7NA	£882	85	2	Terraced House
£78K	10/21	0.64 mi	17, Johnson Street, Cleethorpes, North East Lincolnshire DN35 7NA	£1,000	78	2	Terraced House
£75K	04/21	0.64 mi	34, Johnson Street, Cleethorpes, North East Lincolnshire DN35 7NA	£882	85	2	Terraced House
£100K	06/21	0.64 mi	44, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU	-	-	2	Terraced House
£92K	11/20	0.64 mi	84, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU	£1,533	60	2	Terraced House
£97K	02/21	0.64 mi	64, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU	£1,644	59	2	Terraced House
£87K	03/21	0.64 mi	31, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU	£1,450	60	2	Terraced House
£100K	06/21	0.64 mi	57, Grove Crescent, Grimsby, Humberside DN32 8JU	-	-	2	Terraced House
£98K	10/21	0.65 mi	13, Helene Grove, Grimsby, North East Lincolnshire DN32 8JX	£1,659	59	2	Terraced House
£120K	11/21	0.65 mi	10, Helene Grove, Grimsby, North East Lincolnshire DN32 8JX	£1,875	64	2	Terraced House
£70K	11/21	0.65 mi	27, Freeston Street, Cleethorpes, Humberside DN35 7LY	£864	81	2	Terraced House
£88K	02/21	0.65 mi	66, Bentley Street, Cleethorpes, North East Lincolnshire DN35 8DN	£907	97	2	Terraced House
£87.5K	02/21	0.67 mi	57, Bentley Street, Cleethorpes, North East Lincolnshire DN35 8DL	£1,042	84	2	Terraced House
£112.5K	07/23	0.67 mi	61, Bentley Street, Cleethorpes, North East Lincolnshire DN35 8DL	£1,278	88	2	Terraced House
£138K	08/23	0.7 mi	9, Holyoake Road, Grimsby, North East Lincolnshire DN32 8JH	-	-	2	Terraced House
£130K	08/22	0.7 mi	9b, Holyoake Road, Grimsby, North East Lincolnshire DN32 8JH	£1,919	68	2	Semi-Detached House
£58K	07/21	0.73 mi	15, Mansel Street, Grimsby, North East Lincolnshire DN32 7QX	£1,036	56	2	Terraced House
£124K	05/21	0.75 mi	28, Mill Place, Cleethorpes, North East Lincolnshire DN35 8ND	£1,771	70	2	Semi-Detached House
£42K	05/23	0.76 mi	71, Harold Street, Grimsby, North East Lincolnshire DN32 7NQ	£519	81	2	Terraced House
£82.5K	03/23	0.77 mi	135, Castle Street, Grimsby, North East Lincolnshire DN32 7LB	£1,587	52	2	Terraced House
£64K	05/23	0.78 mi	253, Durban Road, Grimsby, North East Lincolnshire DN32 8AU	£853	75	2	Terraced House
£86K	06/23	0.78 mi	8, Claymore Close, Cleethorpes, North East Lincolnshire DN35 8EN	£1,654	52	2	Terraced House

Local Rents

18 rents from £450/mo to £2.5K/mo, average is £578/mo.

Rent	Date	Distance	Address	Beds	Type
£575	04/24	0.33 mi	Imperial Court, Grimsby Road, Cleethorpes	2	Flat
£495	03/24	0.35 mi	Blundell Avenue, Cleethorpes	2	Flat
£465	03/24	0.36 mi	Grimsby Road, Cleethorpes, DN35	2	Flat
£550	03/24	0.43 mi	Lovett Street, Cleethorpes, South Humberside, DN35	2	Terraced House
£500	03/24	0.46 mi	Poplar Road, Cleethorpes	2	Flat
£580	04/24	0.46 mi	Poplar Road, Cleethorpes, Lincolnshire, DN35	2	Flat
£450	02/24	0.48 mi	-	2	Terraced House
£575	03/24	0.48 mi	Poplar Road, Cleethorpes, Lincolnshire, DN35	2	Terraced House
£650	03/24	0.49 mi	Valentine Court, Cleethorpes	2	Flat
£700	04/24	0.49 mi	-	2	Terraced House
£450	04/24	0.55 mi	Freeston Street, Cleethorpes	2	Terraced House
£1,300	02/25	0.55 mi	-	2	Flat
£1,300	01/25	0.55 mi	-	2	Flat
£2,509	03/25	0.55 mi	-	2	Flat
£1,800	02/25	0.55 mi	-	2	Flat
£550	03/24	0.57 mi	Daubney Street, Cleethorpes	2	Terraced House
£635	03/24	0.6 mi	Kathleen Grove, Grimsby!	2	Terraced House
£1,000	01/24	0.61 mi	-	2	Flat

Local Area Statistics

Population in DN35	34,53034,530
Town centre distance	0.99 miles away0.99 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.64 miles away0.64 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+51%+51%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+21%+21%

Property History

Listed for £104,950

March 1, 2025

Floor Plans

Description

Mid terrace property located within close proximity to Cleethorpes seafront +
Being sold with NO FORWARD CHAIN +
Lounge, dining room, kitchen, bathroom and two double bedrooms +
Fresh and neutral finish throughout +
uPVC double glazed and gas central heating +
PROPERTY HAD A FULL ELECTRICAL RE-WIRE IN 2023 +
Nearby to local amenities and nearby bus links +
Energy performance rating E and Council tax band A +

Presented with NO FORWARD CHAIN Crofts estate agents are pleased to offer for sale this delightful mid terrace property which is located within close proximity to Cleethorpes seafront. Ideally suited to the needs of a first time buyer or investor client, the property is situated close to local amenities and also regular bus links. Internal viewing will reveal a lounge, dining room, kitchen and bathroom to the ground floor. To the first floor there are two double bedrooms. Externally there are low maintenance gardens to front and rear elevations. uPVC double glazing and gas central heating. The property had a full electrical re-wire in 2023.

Agent Details

Crofts Estate Agents, Cleethorpes

01472 404562

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationOvervalued

CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents