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Itterby Crescent, Cleethorpes

Yorkshire

£225,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1514 sqft

Description

This three-bedroom detached home, situated in the desirable Middlethorpe Road area of Cleethorpes, presents a unique opportunity for renovation and investment. With a location that is well-regarded for its family-friendly environment, the property is close to reputable schools, local shops, and the seafront, making it an appealing choice for both families and investors alike. The house features a spacious layout that is ready to be reimagined. While it requires comprehensive refurbishment, the generous dimensions of each room allow for flexible redesigning options. The existing configuration includes an entrance porch leading into a welcoming hall, a sizable living room, kitchen with adjoining dining area, and a sunroom that invites ample natural light. The upper level comprises two good-sized double bedrooms alongside a third smaller bedroom and a family bathroom. Set on a considerable plot with a south-facing rear garden, this home not only offers valuable outdoor space but also the potential for landscaping or even expansion in the future—subject to obtaining the necessary planning permissions. The garage adds extra convenience and can serve multiple purposes as part of your renovation plans. Given its prime location and renovation potential, this property represents an exciting chance to create a tailored living space that meets modern standards while benefiting from surrounding amenities. With no forward chain involved in the sale, viewing this property is highly encouraged for those looking to invest or build their dream home.

Investment Analysis

(DN35 area)

Below Market Value

This property is priced -10.8% below area average per sq ft

-10.8%
Potential saving
This Property
£149/sq ft
Area Average
£167/sq ft
Avg Rent (weekly)
£148
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£277,372
10% above area average per sq ft
Potential ROI
-11.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DN35)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 4.2%
5 year growth: 17.0%
Investment Disclaimer: Analysis based on DN35 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Itterby Crescent, Cleethorpes
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£824
Based on a loan of £168,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE