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Grimsby Road, Cleethorpes DN35

Yorkshire

£80,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

This property presents a solid investment opportunity, featuring a three-bedroom apartment on the top floor and a ground-floor retail unit that is currently operational. The dual offering allows for a comprehensive acquisition in one transaction, with the first floor flat presently vacant and in need of some refurbishment. With the potential to achieve monthly rental yields of £600 each for both the flat and the shop, this investment is particularly appealing to landlords looking for attractive returns. The spacious top-floor flat includes a large reception area, a modern kitchen, three decent-sized bedrooms, and a three-piece bathroom suite. The retail space boasts a shop front along with rear storage and kitchenette facilities, as well as its own W/C, making it entirely self-sufficient. Located just minutes from Grimsby Town Centre and close to Cleethorpes Sea Front, this property benefits from significant local amenities.

Investment analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
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

Grimsby Road, Cleethorpes 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
£302
Based on a loan of £60,000 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

Price History

-50.0% since listed
£80,000£10,000(-11.1%)
12/03/2026
Current price
£90,000£39,000(-30.2%)
16/12/2025
£129,000£20,950(-14.0%)
12/08/2025
£149,950£10,050(-6.3%)
31/07/2025
£160,000Initial listing
16/07/2025

Next Steps

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