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Brereton Avenue, Cleethorpes, Lincolnshire, DN35 - Image 1
Brereton Avenue, Cleethorpes, Lincolnshire, DN35 - Image 2
Brereton Avenue, Cleethorpes, Lincolnshire, DN35 - Image 3
Brereton Avenue, Cleethorpes, Lincolnshire, DN35 - Image 4
Brereton Avenue, Cleethorpes, Lincolnshire, DN35 - Image 5

Brereton Avenue, Cleethorpes, Lincolnshire, DN35

Yorkshire

£80,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1151 sqft

Description

Nestled in the sought-after residential neighborhood of Cleethorpes, this three-bedroom home presents an excellent opportunity for renovation and investment. The property is conveniently situated near various amenities and offers easy access to surrounding areas, including Grimsby and Humberston, making it a practical choice for families or rental investors. Upon entering, you are greeted by an entrance porch that leads into a spacious hallway. The living room boasts ample space, while an additional sitting room provides flexible options for use—whether as a family area or a home office. The kitchen holds significant potential for modernization and can be reimagined to suit contemporary lifestyles. Conveniently located on the ground floor is a wet room, adding to the practicality of the layout. The first floor features three well-proportioned bedrooms along with a family bathroom that includes a straightforward white three-piece suite. This layout allows for comfortable living while presenting opportunities for updates based on personal preferences. Equipped with UPVC double-glazed windows and a gas central heating system, the property is already set up with essential features but would benefit from some general renovations. This aspect makes it an ideal project for buyers looking to customize their living space or enhance its value in this desirable location. With its promising renovation potential and advantageous locale, this home invites you to envision its future possibilities. Early viewing is recommended to fully appreciate what this property has to offer.

Investment Analysis

(DN35 area)

Below Market Value

This property is priced -57.6% below area average per sq ft

-57.6%
Potential saving
This Property
£70/sq ft
Area Average
£164/sq ft
Avg Rent (weekly)
£151
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£8,000 - £20,000
10-25% of property value
Target Value
£207,640
10% above area average per sq ft
Potential ROI
+107.6%
After renovation
Monthly Sales
25
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DN35)

Area prices are rising by +7.1% over the last 12 months
3 year growth: 8.3%
5 year growth: 19.2%
Investment Disclaimer: Analysis based on DN35 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Brereton Avenue, Cleethorpes, Lincolnshire, DN35
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