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Mill Road, Cleethorpes

Yorkshire

£399,500
Listed on 01/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
2551 sqft

Description

This impressive five-bedroom detached home is situated on a spacious 0.16-acre plot in the desirable Cleethorpes area, presenting an excellent opportunity for those looking to invest in a property with significant renovation potential. Currently, the residence is in the midst of an extensive upgrade, with several front reception rooms and a first-floor bedroom already restored to showcase its historic charm. The home features an array of original characteristics, such as intricate coving and period fireplaces, that could be beautifully enhanced throughout further renovations. With planning permission already secured for a large outbuilding and side extension, buyers have the chance to tailor this property to their personal specifications. Ideally located near local amenities and scenic spots like Cleethorpes Promenade, this property allows for creative vision to flourish—perfect for transforming it into a luxurious family home or a unique architectural masterpiece. Early inspections are encouraged to fully grasp the scale and potential this property offers.

Investment Analysis

(DN35 area)

Below Market Value

This property is priced -7.1% below area average per sq ft

-7.1%
Potential saving
This Property
£157/sq ft
Area Average
£169/sq ft
Avg Rent (weekly)
£157
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£472,828
10% above area average per sq ft
Potential ROI
-9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN35)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +0.2%
5 year growth: +7.7%
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

Mill Road, Cleethorpes
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,415
Based on a loan of £299,625 over 30 years at 3.91% 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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