Mallow View Guest House, 9/11 Albert Road, Cleethorpes
ME

Mallow View Guest House, 9/11 Albert Road, Cleethorpes

By Mellor & Beer

£ 440,000

Reviews

2 out of 5 stars

Mellor & Beer says ..

Situated close to the sea front is this three storey house with two staircases. In brief the property comprises of entrance hallway, ground floor bedrooms, lounge, kitchen, en suite shower room, further lounge and dining room. On the first and second floors there are thirteen bedrooms of which so...

Property Oracle says ..

Mallow View Guest House, a three-story property located on Albert Road in Cleethorpes, Lincolnshire, is currently listed for sale at £440,000. The property boasts thirteen bedrooms and six bathrooms, suggesting it’s likely designed for commercial use as a guest house, or similar short term let accommodation. Its location on Albert Road, near the seafront, makes it a potentially attractive investment, especially for holiday-related businesses. The property benefits from the presence of good primary schools nearby, increasing its potential appeal to families. Accessibility to the train station in Cleethorpes provides a good transport link. The images provided display a mixed picture in terms of condition. Some areas like the dining room and common areas are presented well, however, others show signs of basic furnishings. The house appears structurally sound, though modernization in places would be beneficial. The lack of information on the property’s plot size prevents a thorough evaluation of its potential outdoor space. Overall, the property presents a significant opportunity, however without knowing precise square footage and the current level of occupancy and income, a conclusive assessment of its value is difficult.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
13
Bathrooms
6

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
169,150.00 £
Decreased by 1.10 %
from 171,034.00 £
Average area rental value
855.00 £/mo
Increased by 9.62 %
from 780.00 £/mo
Est rental Yield
6.07 %
Increased by 10.97 %
from 5.47 %
Crime Rate
46.00 %
Unchanged by 0.00 %
from 46.00 %

Agent Activity

  • Mellor & Beer created the listing.

Nearby Schools

NameTypeOfstedDistance
St Peter'S Cofe Primary SchoolAcademy ConverterGood0.13 KM
Thrunscoe Primary And Nursery AcademyAcademy ConverterGood0.62 KM
Highgate Outreach (Thrunscoe)Children's Centre Linked Site0.98 KM
Cleethorpes Children'S Centre (Reynolds)Children's Centre1.25 KM
Reynolds Primary AcademyAcademy Sponsor LedGood1.25 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Market Street £ 000.00 KM
High Street £ 000.00 KM
Towle Court £ 180,00000.00 KM
Isaac's Hill £ 000.00 KM
Isaac's Hill £ 249,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Cleethorpes6274CLE0.33 KM
New Clee6289NCE3.94 KM
Grimsby Docks6276GMD5.46 KM
Grimsby Town6280GMB6.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mallow View Guest House, 9/11 Albert Road, Cleethorpes £ 440,000BUY5 / 100.00 KM
Albert Road, Cleethorpes, North East Lincs, DN35 £ 299,950BUY6 / 100.02 KM
Albert Road, Cleethorpes £ 250,000BUY5 / 100.02 KM
Albert Road, Cleethorpes £ 299,950BUY7 / 100.02 KM
Albert Road, Cleethorpes £ 235,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
38 Albert Road £ 132,0000.01 KM
42 Albert Road £ 223,5000.03 KM
30 Albert Road £ 95,0000.03 KM
44 Albert Road £ 190,0000.03 KM
7 Albert Road £ 93,7500.03 KM