Sold Terraced

5 CAMBRIDGE STREET

CLEETHORPES, NORTH EAST LINCOLNSHIRE DN35 8HB

3 beds 3 baths 91 m² Listed 18 Oct 2023 (-969d)

£169,950

Offers in Region of

Save

Photo 5 Photo 1 Photo 10 Photo 4 Photo 3 Photo 15 Photo 14 Photo 13 Photo 12 Photo 2 Photo 9 Photo 6 Photo 7 Photo 8 Photo 16 Photo 17 Photo 11

/ 17

Property details

Tenure

FREEHOLD

Floor area

91 m²

Council tax band

A

EPC rating

C

Last sold

£34,000 Jan 2023

Price per m²

£1,868/m²

Local average

£102,531 (+65.8%)

Deprivation

Decile 2 (4,784 of 33,755)

Street crime

241 incidents within 1 mile (Apr 2026)

Key features

  • Mid terraced property located nearby to Cleethorpes seafront
  • Being sold with NO FORWARD CHAIN
  • Property has undergone a thorough scheme of modernisation by current owners
  • Re-wire, damp coarse, radiators, kitchen and bathrooms all fitted in 2023
  • Ideal purchase for a first time buyer - A MUST TO VIEW
  • Lounge, dining room, kitchen, WC, three bedrooms, en-suite and bathroom
  • uPVC double glazing and gas central heating
  • Energy performance rating TBC and Council tax band A

Additional details

Garden
Yes

Description

Crofts estate agents are delighted to offer for sale with NO FORWARD CHAIN this superbly appointed mid terrace property. Having undergone a thorough scheme of modernisation by the current owners with a new damp coarse, re-wire, radiators, kitchen, bathrooms and garden spaces to list but a few, this property comes with viewing highly advised. Nearby there are a wide variety of local amenities, schools and bus links and the property is located near to Cleethorpes seafront which is a great plus point. Internal viewing will reveal the entrance hall, lounge, dining room, kitchen, WC, three bedrooms, two being doubles and the third a good single, an en-suite and bathroom. Externally there are gardens to the front and rear and the property also benefits from uPVC double glazing and gas central heating.

Listed by

Cleethorpes

Sequence (UK) Limited - Connells

Reference: 141026735

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 23/10/2023

Expiry date: 22/10/2033

Current heating cost: £1,418/year

Potential heating cost: £1,045/year

Est. upgrade cost to C: £18,500

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

Energy Performance Graph

Energy Performance Graph

Price history

Event Date Price % change
Sold 17/01/2023 (3 years ago) £34,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
12 BRIGHTON STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8QY £103,000 15/12/2025 Terraced
41 HUMBER STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8NN £205,000 27/11/2025 Terraced
58 SEA VIEW STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HY £132,000 15/12/2023 Terraced
4 MARPLES MEWS, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8UX £150,000 17/11/2023 Terraced
113 ST PETERS AVENUE, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HT £129,000 08/09/2023 Terraced
32 BARKHOUSE LANE, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RA £189,950 01/09/2023 Terraced
10 SOUTH STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8NW £169,000 22/08/2023 Terraced
101 ST PETERS AVENUE, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HT £110,000 04/08/2023 Terraced
8 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD £112,000 26/06/2023 Terraced
12 HOPE STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8QZ £125,000 15/05/2023 Terraced
75 CAMBRIDGE STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HD £120,000 31/03/2023 Terraced
12 HUMBER STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8NN £132,300 08/03/2023 Terraced
30 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD £110,000 19/12/2022 Terraced
26 SEA VIEW STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8EZ £260,000 12/12/2022 Terraced
131 ST PETERS AVENUE, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HX £48,000 25/11/2022 Terraced
14 BARKHOUSE LANE, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RA £152,000 15/09/2022 Terraced
12 NORTH STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8NP £95,000 07/09/2022 Terraced
Same street 12 CAMBRIDGE STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HB £200,000 19/07/2022 Terraced
82 SEA VIEW STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HY £150,000 15/07/2022 Terraced
49 CAMBRIDGE STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HD £180,000 07/07/2022 Terraced
Same street 8 CAMBRIDGE STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HB £190,000 10/06/2022 Other
Same street 11 CAMBRIDGE STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HB £125,000 30/05/2022 Terraced
29 HUMBER STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8NN £105,000 29/04/2022 Terraced
Same street 1 CAMBRIDGE STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HB £115,000 21/02/2022 Flat
Same street 19 CAMBRIDGE STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HB £125,000 05/11/2021 Terraced

Street average: £151,000 (5 sales)

Area average: £138,863 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 0.9%
10y growth 8.3%

House Price Index (HM Land Registry — official index, not sold-price averages): North East Lincolnshire. Series: Terraced. As of March 2026.

1y (index) 0.2%
5y (index) 17.8%
10y (index) 45.8%

Rental Range

Estimated market rent for North East Lincolnshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £555/mo
Realistic £617/mo
Optimistic £679/mo

Based on Local Authority from postcode lookup → North East Lincolnshire.

LHA (30th percentile) floor for Grimsby: £520/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Skin Deep Tattoo Studio 0.1 miles
Shop K L Studio 0.1 miles
Bus stop Town Hall 0.1 miles
Train station Cleethorpes 0.5 miles
Train station Kingsway Station 0.6 miles
Hospital St Hughs 1.9 miles
Hospital Harrison House 2.0 miles
University University Centre (University of Hull) 2.6 miles
University University Centre Grimsby 2.7 miles

Street-level crime

Category Count
Violence and sexual offences 96
Anti-social behaviour 35
Criminal damage and arson 27
Public order 22
Shoplifting 15
Other crime 11
Burglary 10
Other theft 10
Vehicle crime 6
Robbery 3
Drugs 2
Possession of weapons 2
Bicycle theft 1
Theft from the person 1
Total incidents 241

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Peter's CofE Primary School Primary 0.2 miles Good — 13 Oct 2010
Thrunscoe Primary and Nursery Academy Primary 0.3 miles Good — 15 Feb 2012
Signhills Academy Primary 0.6 miles Good — 21 Jan 2024
Signhills Infant Academy Primary 0.6 miles Good — 28 Jul 2022
Reynolds Primary Academy Primary 0.7 miles (Inspected (no overall grade))

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Terraced House, Cambridge Street, DN35 £2,275/mo 3 0.09 miles OpenRent

Average rent: £2,275/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

This street 20.8% gross yield avg £131,500 sale, £2,275/mo rent
Rent ratio 1.34%
Max investor price (0.8%) £284,375
Target investor price (1%) £227,500
Gross yield 16.1%
Cost-to-rent ratio 6.2×
Monthly cashflow £1,353/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 32.9%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).