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Barcroft Street, Cleethorpes, N E Lincs DN35

Yorkshire

£80,000

Listed on 10/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
862 sqft

Description

This mid-terrace property is now available on the market and comes with no onward chain, presenting an excellent opportunity for both first-time buyers and investors looking to capitalize on the Cleethorpes area. Situated within easy reach of local amenities, including shops, restaurants, and the renowned Cleethorpes seafront, this spacious home offers a practical layout paired with significant potential for enhancements. Previously utilized as a rental property, it has already passed essential gas and electrical safety checks. The property features a neutral decor that serves as a blank canvas—perfect for those wishing to modernize or personalize their living space. With a dual-aspect lounge/diner, a fitted kitchen, and a convenient three-piece bathroom, this home provides functional living areas alongside three generous bedrooms on the first floor, which also includes built-in storage. The manageable rear garden adds outdoor appeal. This type of residence typically achieves a rental value between £675 - £700 per month after some modernization and minor repairs. Benefiting from gas central heating and PVC double glazing throughout, this property is well-equipped for contemporary living while offering room for improvement to increase its value or rental yield.

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Investment analysis

(DN35 area)

Below Market Value

This property is priced -43.7% below area average per sq ft

-43.7%
Potential saving
This Property
£93/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£145
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£156,311
10% above area average per sq ft
Potential ROI
+48.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Barcroft Street, Cleethorpes, N E Lincs 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

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