Albert Road, Cleethorpes, Lincolnshire, DN35
By Jackson Green & Preston
£ 275,000
Reviews
2 out of 5 stars
Jackson Green & Preston says ..
Superb townhouse near Cleethorpes seafront, converted into 4 self-contained 1-bed apartments. Annual income £20060(increasing to £22140 in April 2025), long-term tenants.
Property Oracle says ..
This property on Albert Road, Cleethorpes, is presented as a potential investment opportunity. The listing describes the property’s location as being close to the seafront and local amenities in Cleethorpes, which is generally seen as a desirable area in Lincolnshire. The images show a property that has undergone some renovations; the kitchens and bathrooms are more modern in different apartments. The level of refurbishment is inconsistent throughout the property. However, the overall finish in each property feels inconsistent and some features appear outdated. It’s worth noting that many of the rooms appear to be furnished with second-hand or older furniture. The size of the property, and the number of bathrooms and bedrooms are not specified. A significant shortcoming is the lack of exterior space; the small yard is not a substantial feature. The property’s condition appears suitable for renting but may require further updates for optimal market value. The listed price needs further investigation to determine its suitability due to the property’s uncertain state of repair, condition, and the lack of comprehensive details on the square footage and number of bedrooms and bathrooms. Further investigation into the rental income potential is necessary for a more conclusive assessment of its investment value.
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
- 0
- Bathrooms
- 0
- Sqft (est)
- 508.06
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
- 107,708.72 £Increased by 23.26 %
- Average area rental value
- 855.00 £/moIncreased by 9.62 %
- Est letting value
- 508.06 £/mo
- Est rental Yield
- 6.07 %Increased by 10.97 %
- Crime Rate
- 46.00 %Unchanged by 0.00 %
Agent Activity
Jackson Green & Preston created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Peter'S Cofe Primary School | Academy Converter | Good | 0.15 KM |
| Thrunscoe Primary And Nursery Academy | Academy Converter | Good | 0.63 KM |
| Highgate Outreach (Thrunscoe) | Children's Centre Linked Site | 1.00 KM | |
| Cleethorpes Children'S Centre (Reynolds) | Children's Centre | 1.27 KM | |
| Reynolds Primary Academy | Academy Sponsor Led | Good | 1.27 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Market Street | £ 0 | 0 | 0.00 KM |
| High Street | £ 0 | 0 | 0.00 KM |
| Towle Court | £ 180,000 | 0 | 0.00 KM |
| Isaac's Hill | £ 0 | 0 | 0.00 KM |
| Isaac's Hill | £ 249,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cleethorpes | 6274 | CLE | 0.33 KM |
| New Clee | 6289 | NCE | 3.95 KM |
| Grimsby Docks | 6276 | GMD | 5.47 KM |
| Grimsby Town | 6280 | GMB | 6.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Albert Road, Cleethorpes, Lincolnshire, DN35 | £ 275,000 | BUY | 5 / 10 | 0.00 KM |
| Mallow View Guest House, 9/11 Albert Road, Cleethorpes | £ 440,000 | BUY | 5 / 10 | 0.02 KM |
| Albert Road, Cleethorpes, North East Lincs, DN35 | £ 299,950 | BUY | 6 / 10 | 0.04 KM |
| First Floor Flat Dolphin Street, Cleethorpes, N.E. Lincolnshire, DN35 8NE | £ 75,000 | BUY | 6 / 10 | 0.04 KM |
| Albert Road, Cleethorpes | £ 235,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 38 Albert Road | £ 132,000 | 0.04 KM |
| 44 Albert Road | £ 190,000 | 0.05 KM |
| 42 Albert Road | £ 223,500 | 0.05 KM |
| 30 Albert Road | £ 95,000 | 0.05 KM |
| 7 Albert Road | £ 93,750 | 0.05 KM |