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Brereton Avenue, Cleethorpes, Lincolnshire, DN35

Yorkshire

£135,000

Listed on 07/07/2026

Property details

Bedrooms
2
Type
Apartment

Description

This freehold property, available with no onward chain, offers a promising investment opportunity featuring two self-contained one-bedroom flats. The layout provides flexibility for continued use as separate units or the possibility of conversion into a House in Multiple Occupation (HMO) or restoration as a large family residence, subject to obtaining necessary planning permissions and building regulations. The ground floor flat includes an entrance hallway, a living room with bay windows, a kitchen equipped with essential appliances, a bathroom, and a bedroom on the first floor. The first floor flat mirrors this layout with its own porch and common amenities. A rear courtyard allows for off-road parking, adding to the property's appeal. Additionally, included is a commercial unit held on a long lease that may further enhance investment potential. With various future usage options available, interested buyers are encouraged to conduct their due diligence regarding development possibilities.

Investment analysis

(DN35 area)
Area Average
£165/sq ft
Avg Rent (weekly)
£145
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DN35)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +1.1%
5 year growth: +7.9%
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

Brereton Avenue, Cleethorpes, Lincolnshire, DN35
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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
£510
Based on a loan of £101,250 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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