2 Bed Terraced House, Single Let, Cleethorpes, DN35 7JQ, £85,000

Douglas Road, Cleethorpes, Lincolnshire, DN35 7JQ - a month ago

Sold STC
BTL
ROI: 4%
~68 m²
+3 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£74,668

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£450 - £2,509

Rent Estimate

£463

Running Costs/mo

£378

Cashflow/mo

£85

Cashflow/yr

£1,017

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £40K to £150K, average is £84.5K. £519/m² to £3K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£122K01/230.08 mi6, Warneford Road, Cleethorpes, North East Lincolnshire DN35 7QL2
£120K08/210.09 mi2, Wilson Street, Cleethorpes, North East Lincolnshire DN35 7QF2
£150K12/220.1 mi8, Suggitts Orchard, Cleethorpes, North East Lincolnshire DN35 7LN2
£61K04/210.2 mi178a, Grimsby Road, Cleethorpes, North East Lincolnshire DN35 7EZ2
£115K05/230.21 mi23, May Street, Cleethorpes, North East Lincolnshire DN35 7HH2
£88K09/230.21 mi14, Bennett Road, Cleethorpes, North East Lincolnshire DN35 7JS2
£76K02/210.24 mi21, Elliston Street, Cleethorpes, North East Lincolnshire DN35 7HS2
£40K01/210.25 mi41, Pelham Road, Cleethorpes, North East Lincolnshire DN35 7JT2
£141K12/200.31 mi48, Bramhall Street, Cleethorpes, North East Lincolnshire DN35 7QY2
£83K04/230.35 mi111, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LG2
£82K06/230.35 mi91, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LG2
£88K11/200.35 mi33, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LG2
£79K02/230.35 mi107, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LG2
£59.5K05/210.37 mi18, St Heliers Road, Cleethorpes, North East Lincolnshire DN35 7LQ2
£79.5K10/200.39 mi134, Blundell Avenue, Cleethorpes, North East Lincolnshire DN35 7RJ2
£76K06/210.39 mi102, Blundell Avenue, Cleethorpes, North East Lincolnshire DN35 7RJ2
£56K06/230.4 mi72, Tiverton Street, Cleethorpes, North East Lincolnshire DN35 7PR2
£66K03/210.41 mi147, Tiverton Street, Cleethorpes, North East Lincolnshire DN35 7EF2
£60K11/200.5 mi133a, Brereton Avenue, Cleethorpes, North East Lincolnshire DN35 7RL2
£90K01/230.54 mi111, Daubney Street, Cleethorpes, North East Lincolnshire DN35 7NN2
£75K06/230.56 mi159, Barcroft Street, Cleethorpes, North East Lincolnshire DN35 7DU2
£74K01/210.57 mi182, Barcroft Street, Cleethorpes, North East Lincolnshire DN35 7DX2
£120K12/220.59 mi79, College Street, Cleethorpes, North East Lincolnshire DN35 8BN2
£72K08/230.6 mi191, Daubney Street, Cleethorpes, North East Lincolnshire DN35 7NT2
£55K04/210.61 mi59, Sidney Street, Cleethorpes, North East Lincolnshire DN35 7NQ2
£78K12/200.62 mi174, Daubney Street, Cleethorpes, North East Lincolnshire DN35 7NU2
£70K03/230.63 mi63, Sussex Street, Cleethorpes, North East Lincolnshire DN35 7NW2
£93K01/230.64 mi27, Kathleen Grove, Grimsby, North East Lincolnshire DN32 8JT2
£88K02/210.66 mi66, Bentley Street, Cleethorpes, North East Lincolnshire DN35 8DN2
£75K04/210.67 mi34, Johnson Street, Cleethorpes, North East Lincolnshire DN35 7NA2
£78K10/210.67 mi17, Johnson Street, Cleethorpes, North East Lincolnshire DN35 7NA2
£75K04/210.67 mi34, Johnson Street, Cleethorpes, North East Lincolnshire DN35 7NA2
£70K11/210.68 mi27, Freeston Street, Cleethorpes, Humberside DN35 7LY2
£100K06/210.68 mi44, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU2
£92K11/200.68 mi84, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU2
£97K02/210.68 mi64, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU2
£87K03/210.68 mi31, Grove Crescent, Grimsby, North East Lincolnshire DN32 8JU2
£100K06/210.68 mi57, Grove Crescent, Grimsby, Humberside DN32 8JU2
£87.5K02/210.68 mi57, Bentley Street, Cleethorpes, North East Lincolnshire DN35 8DL2
£112.5K07/230.68 mi61, Bentley Street, Cleethorpes, North East Lincolnshire DN35 8DL2
£98K10/210.68 mi13, Helene Grove, Grimsby, North East Lincolnshire DN32 8JX2
£120K11/210.68 mi10, Helene Grove, Grimsby, North East Lincolnshire DN32 8JX2
£138K08/230.74 mi9, Holyoake Road, Grimsby, North East Lincolnshire DN32 8JH2
£130K08/220.74 mi9b, Holyoake Road, Grimsby, North East Lincolnshire DN32 8JH2
£58K07/210.75 mi15, Mansel Street, Grimsby, North East Lincolnshire DN32 7QX2
£124K05/210.76 mi28, Mill Place, Cleethorpes, North East Lincolnshire DN35 8ND2
£42K05/230.79 mi71, Harold Street, Grimsby, North East Lincolnshire DN32 7NQ2
£82.5K03/230.79 mi135, Castle Street, Grimsby, North East Lincolnshire DN32 7LB2
£86K06/230.8 mi8, Claymore Close, Cleethorpes, North East Lincolnshire DN35 8EN2
£140K08/210.81 mi37, Kew Road, Cleethorpes, North East Lincolnshire DN35 8DD2

Local Rents

16 rents from £450/mo to £2.5K/mo, average is £575/mo.

RentDateDistanceAddressBeds 
£57504/240.35 miImperial Court, Grimsby Road, Cleethorpes2
£49503/240.35 miBlundell Avenue, Cleethorpes2
£46503/240.38 miGrimsby Road, Cleethorpes, DN352
£55003/240.44 miLovett Street, Cleethorpes, South Humberside, DN352
£50003/240.47 miPoplar Road, Cleethorpes2
£58004/240.47 miPoplar Road, Cleethorpes, Lincolnshire, DN352
£57503/240.49 miPoplar Road, Cleethorpes, Lincolnshire, DN352
£45002/240.5 mi-2
£65003/240.51 miValentine Court, Cleethorpes2
£70004/240.51 mi-2
£1,30002/250.56 mi-2
£1,30001/250.56 mi-2
£2,50903/250.56 mi-2
£1,80002/250.56 mi-2
£45004/240.58 miFreeston Street, Cleethorpes2
£55003/240.59 miDaubney Street, Cleethorpes2

Local Area Statistics

Population in DN35

34,530

Town centre distance

1 miles away

Nearest school

0.20 miles away

Nearest train station

0.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+51%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £85,000

March 10, 2025

Floor Plans

Description

  • No Forward Chain +
  • 2 Bedrooms +
  • Mid Terrace Property +
  • Well-Presented Throughout +
  • Ideal Investment or First Time Buy +
  • Cleethorpes Location +
  • Viewing Essential +
  • EPC Rating - D, Council Tax Band - A +

Offered for sale with No Forward Chain! Pygott & Crone are delighted to bring to the market this two Bedroom terraced property located in the highly sought after location with an abundance of amenities on your doorstep after. A deceptively spacious, mid-terrace home that offers attractive accommodation throughout.  Internal accommodation briefly comprises; Lounge, Dining Room, Kitchen, and Bathroom. Upstairs are two Bedrooms.  There is on street parking available and viewings are highly recommended to fully appreciate the potential this property has to offer.

Agent Details

Pygott & Crone, Grimsby

01472 404413

Next Steps?

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