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5 bed flat for sale Grimsby Road, Cleethorpes, DN35

OIRO

£120,000

Added on 25/09/2026

Type: Flat
Bedrooms: 5
Bathrooms: 2
Size: £58 per sq ft
Tenure: Freehold

Key features

Two self-contained flats within one mid-terrace property
Ready-made investment with immediate rental potential
Ground floor flat with two bedrooms and spacious kitchen/diner
First floor flat with three bedrooms and separate kitchen
Recently refreshed throughout with neutral presentation
Gas central heating and uPVC double glazing to both units
Estimated combined rental income of £850�"£900 per month

About this property

Two self-contained flats generating strong rental potential, offering a ready-made investment with scope for long-term return.

An excellent opportunity to acquire a ready-made investment comprising two self-contained flats within a substantial mid-terrace property, positioned along Grimsby Road and within easy reach of Cleethorpes, local amenities and transport links

Floorplan

Council tax

Ask agent

Per year

Band A

£1,656
Band B

£1,932
Band C

£2,208
Band D

£2,484
Band E

£3,036
Band F

£3,588
Band G

£4,140
Band H

£4,968

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In North East Lincolnshire, 2026/27 bills run from £1,656 a year in band A to £4,968 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across North East Lincolnshire, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home

£58 / sq ft

Area average (sold)

£179 / sq ft

Price per area, sold homes nearby

£94 / sq ft

£58 / sq ft

£269 / sq ft

Lowest

This home

Highest

£58 per sq ft, below almost all recent sales in DN35 (£94–£269, 10th–90th percentile, 905 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 905 homes sold in DN35 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in DN35 →

Location

Grimsby Road, Cleethorpes, DN35

Open map Street View

Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
36, Grimsby Road Terraced	Terraced	Jan 2026	n/a	n/a	n/a	£210,000
60, Grimsby Road Semi-detached	Semi-detached	Aug 2023	700 sq ft £132/sq ft	700 sq ft	£132	£92,500
10, Grimsby Road Terraced	Terraced	Sept 2016	1,970 sq ft £61/sq ft	1,970 sq ft	£61	£121,000
34, Grimsby Road Terraced	Terraced	Mar 2016	n/a	n/a	n/a	£102,000
10, Grimsby Road Terraced	Terraced	Jun 2015	1,970 sq ft	1,970 sq ft	n/a	£72,500
46, Grimsby Road Semi-detached	Semi-detached	Dec 2013	1,410 sq ft £52/sq ft	1,410 sq ft	£52	£73,000
26, Grimsby Road Terraced	Terraced	Jun 2013	n/a	n/a	n/a	£100,000
12, Grimsby Road Terraced	Terraced	Nov 2011	n/a	n/a	n/a	£105,500