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The Field, Old Clee, Grimsby

Yorkshire

£120,000

Listed on 10/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
517 sqft

Description

Nestled in the quiet and esteemed area of Old Clee Village, this detached two-bedroom bungalow offers a fantastic opportunity for those eager to invest in a property with significant renovation potential. Set on a generous plot, the home features front and rear gardens, providing ample outdoor space that can be revitalized to enhance its charm. Inside, the layout includes a kitchen, living room, two bedrooms, and a bathroom—each presenting an ideal canvas for modernisation. This property is perfectly situated near local amenities, schools, and transport links while being conveniently close to Grimsby town centre and the coastal attractions of Cleethorpes. Given its need for updates, it represents an excellent chance to create a bespoke living space in a desirable location. The sale comes with no forward chain.

Investment Analysis

(DN32 area)

Above Market Value

This property is priced +135.9% above area average per sq ft

+135.9%
This Property
£232/sq ft
Area Average
£98/sq ft
Avg Rent (weekly)
£143
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£55,960
10% above area average per sq ft
Potential ROI
-61.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DN32)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -5.0%
5 year growth: -5.9%
Investment Disclaimer: Analysis based on DN32 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

The Field, Old Clee, Grimsby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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