The Gatherums, Cleethorpes, Lincolnshire, DN35
By Reeds Rains
£ 75,000
Reviews
2 out of 5 stars
Reeds Rains says ..
Charming semi-detached bungalow requiring renovation, featuring one reception room, kitchen, bedroom, and bathroom, offers a 75% shared ownership, ideal for personal transformation. • NO CHAIN • Buyers must be over 55 years old • OVER 55'S DEVELOPMENT &bu...
Property Oracle says ..
This semi-detached bungalow in Cleethorpes, Lincolnshire, presents a mixed opportunity for prospective buyers. Located near several well-regarded primary schools and Cleethorpes train station, providing convenient access to amenities and transportation. However, the property is clearly in need of substantial renovation. The images reveal outdated kitchen and bathroom fixtures, worn flooring, and signs of general disrepair. The garden, while present, requires significant work. The list price of £75,000 reflects the property’s need for renovation, while the location and inclusion of a garden offer potential for a return on investment after updating. The fact that it is a 75% shared ownership also limits potential buyers, as buyers must be over 55 years old. This must be considered a crucial factor when considering the suitability of this property.
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
- 4
- Location
- 6
- Land
- 5
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 762.08
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 %
- Est sale value
- 161,560.96 £Increased by 23.26 %
- Average area rental value
- 855.00 £/moIncreased by 9.62 %
- Est letting value
- 762.08 £/mo
- Est rental Yield
- 6.07 %Increased by 10.97 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Reeds Rains created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Highgate Outreach (Thrunscoe) | Children's Centre Linked Site | 0.51 KM | |
| Reynolds Primary Academy | Academy Sponsor Led | Good | 0.81 KM |
| Cleethorpes Children'S Centre (Reynolds) | Children's Centre | 0.81 KM | |
| Thrunscoe Primary And Nursery Academy | Academy Converter | Good | 0.84 KM |
| St Peter'S Cofe Primary School | Academy Converter | Good | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Saxon Crescent | £ 0 | 0 | 0.00 KM |
| Blenheim Place | £ 160,000 | 0 | 0.00 KM |
| Isaac's Hill | £ 249,950 | 0 | 0.00 KM |
| Isaac's Hill | £ 0 | 0 | 0.00 KM |
| Grainsby Avenue | £ 135,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cleethorpes | 6274 | CLE | 1.16 KM |
| New Clee | 6289 | NCE | 3.26 KM |
| Grimsby Docks | 6276 | GMD | 4.65 KM |
| Grimsby Town | 6280 | GMB | 5.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Gatherums, Cleethorpes, Lincolnshire, DN35 | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| Mill Hill Crescent, Cleethorpes | £ 225,000 | BUY | 6 / 10 | 0.06 KM |
| Mill Hill Crescent, Cleethorpes | £ 165,000 | BUY | 7 / 10 | 0.07 KM |
| St Hughs Avenue, Cleethorpes, N E Lincs, DN35 | £ 169,950 | BUY | 6 / 10 | 0.11 KM |
| Mill Road, Cleethorpes | £ 360,000 | BUY | 7 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Mill Hill Crescent | £ 168,000 | 0.06 KM |
| 8 Mill Hill Crescent | £ 124,336 | 0.06 KM |
| 6 Mill Hill Crescent | £ 140,000 | 0.06 KM |
| 3a Mill Hill Crescent | £ 37,500 | 0.06 KM |
| 35 Beacon Avenue | £ 182,500 | 0.08 KM |