The Gatherums, Cleethorpes, Lincolnshire, DN35
Reeds Rains logo

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 The images reveal outdated kitchen and bathroom fixtures, worn flooring, and signs of general disrepair.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 %
from 171,034.00 £
Est sale value
161,560.96 £
Increased by 23.26 %
from 131,077.76 £
Average area rental value
855.00 £/mo
Increased by 9.62 %
from 780.00 £/mo
Est letting value
762.08 £/mo
from 0.00 £/mo
Est rental Yield
6.07 %
Increased by 10.97 %
from 5.47 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Highgate Outreach (Thrunscoe)Children's Centre Linked Site0.51 KM
Reynolds Primary AcademyAcademy Sponsor LedGood0.81 KM
Cleethorpes Children'S Centre (Reynolds)Children's Centre0.81 KM
Thrunscoe Primary And Nursery AcademyAcademy ConverterGood0.84 KM
St Peter'S Cofe Primary SchoolAcademy ConverterGood0.93 KM

Images

Kitchen Bedroom 1 Bathroom Rear Garden Bathroom Front Elevation Bedroom 2 Bedroom 2 Kitchen Rear Elevation Map View

Nearby Streets

NameAverage PriceAverage SqftDistance
Saxon Crescent £ 000.00 KM
Blenheim Place £ 160,00000.00 KM
Isaac's Hill £ 249,95000.00 KM
Isaac's Hill £ 000.00 KM
Grainsby Avenue £ 135,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Cleethorpes6274CLE1.16 KM
New Clee6289NCE3.26 KM
Grimsby Docks6276GMD4.65 KM
Grimsby Town6280GMB5.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Gatherums, Cleethorpes, Lincolnshire, DN35 £ 75,000BUY5 / 100.00 KM
Mill Hill Crescent, Cleethorpes £ 225,000BUY6 / 100.06 KM
Mill Hill Crescent, Cleethorpes £ 165,000BUY7 / 100.07 KM
St Hughs Avenue, Cleethorpes, N E Lincs, DN35 £ 169,950BUY6 / 100.11 KM
Mill Road, Cleethorpes £ 360,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
7 Mill Hill Crescent £ 168,0000.06 KM
8 Mill Hill Crescent £ 124,3360.06 KM
6 Mill Hill Crescent £ 140,0000.06 KM
3a Mill Hill Crescent £ 37,5000.06 KM
35 Beacon Avenue £ 182,5000.08 KM