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Blundell Avenue, Cleethorpes DN35 - Image 1
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Blundell Avenue, Cleethorpes DN35

Yorkshire

£115,000
Listed on 10/04/2026

Property Details

Bedrooms
5
Type
Terraced
Area
1242 sqft

Description

This 5-bedroom House in Multiple Occupation (HMO) presents a promising investment opportunity, positioned in a desirable part of Blundell Avenue, DN35. The property features spacious living areas and a sizeable rear garden, which could be transformed into an appealing outdoor space for tenants. With convenient access to local amenities and public transport options, along with proximity to Cleethorpes Sea Front, the location is ideal for attracting renters. The property is chain-free and comes fully licensed, making it an attractive option for new investors or those looking to expand an existing portfolio. Internally, while the structure is solid with gas central heating and double glazing throughout, there are opportunities for modern touches to enhance aesthetics and functionality—especially in the kitchen and bathrooms. The entrance hallway leads you through well-proportioned rooms including two bedrooms on the ground floor and three additional secured bedrooms upstairs, along with two bathrooms that might require some updating. Overall, this property offers a significant chance for refurbishment that can yield profitable returns.

Investment Analysis

(DN35 area)

Below Market Value

This property is priced -45.0% below area average per sq ft

-45.0%
Potential saving
This Property
£93/sq ft
Area Average
£169/sq ft
Avg Rent (weekly)
£157
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£230,205
10% above area average per sq ft
Potential ROI
+43.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Blundell Avenue, Cleethorpes DN35
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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
£407
Based on a loan of £86,250 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.

Stamp Duty Calculator

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