# 2 bedroom property for sale (DN35 8RD)

## Property Details

| Key | Value |
|-----|-------|
| Address | 25 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE DN35 8RD |
| Price | £80,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £77,000 Mar 2016 |

## Description

**RECENTLY REDUCED** Situated in this central and well established district of Cleethorpes, lying just off Humber Street a well maintained mid terrace house is offered for sale. The property is within walking distance of the seafront and local shopping along St Peters Avenue whilst being in the catchment for good local schools. Accommodation is well presented with laminate floors and benefits from a gas central heating system and uPVC double glazing. Offered with no forward chain, this would ideally suit a first time buyer or investor. Briefly comprising:- front Lounge, Sitting Room with functional fireplace and display, Kitchen and ground floor Bathroom with white suite. Upstairs are two double size Bedrooms whilst outside has a rear fenced garden with pedestrian access. EPC Rating - D

**GROUND FLOOR** 

A uPVC double glazed front door gives access to the front Lounge.

**LOUNGE** 3.40m (11'2") x 3.30m (10'10") max

A pleasant room featuring a laminate floor and ornamental fireplace. It has a radiator and a uPVC double glazed front window.

**INNER HALLWAY** 

Featuring a staircase to the first floor.

**SITTING ROOM** 3.40m (11'2") x 3.35m (11'0")

A lovely rear sitting room cleverly configured to incorporate a central recess for TV and audio equipment with built in shelves and drawers to the side. It has a laminate floor, a radiator, useful understairs storage cupboard and a uPVC double glazed rear window.

**KITCHEN** 2.82m (9'3") x 1.93m (6'4")

A galley style kitchen fitted with a range of light oak fronted base and wall mounted units. Having complementary work surfaces incorporating a stainless steel sink with taps and tile splash back, space for a free standing cooker with gas point, plumbing for an automatic washing machine and under storage for a fridge and freezer. The kitchen has a ceramic tile floor with a uPVC double glazed side window and further double glazed door onto the garden.

**BATHROOM** 1.98m (6'6") x 1.85m (6'1")

Featuring a white suite comprising low flush w.c, pedestal wash hand basin and panel bath with electric shower over. It is partly tiled with a radiator and has two uPVC double glazed windows.

**BEDROOM ONE** 3.40m (11'2") x 3.35m (11'0")

A good size double bedroom tastefully decorated with an accent adorned wall featuring a built in storage cupboard with access to the loft space. It has a radiator and a uPVC double glazed front window.

**BEDROOM TWO** 3.38m (11'1") x 3.35m (11'0")

A good size double bedroom with a radiator, a built in cupboard housing the combination central heating boiler and a further uPVC double glazed rear window.

**OUTSIDE** 

The property faces straight onto the pavement and has a small enclosed walled rear garden with a gate leading to pedestrian access at the rear.

**SERVICES** 

Mains gas, water, electric and drainage are connected.

**CENTRAL HEATING** 

Comprises radiators as detailed above connected to the Ideal Isar combination central heating boiler located in bedroom two.

**DOUBLE GLAZING** 

The property has the benefit of uPVC framed double glazing.

**LOCAL AUTHORITY** 

North East Lincolnshire Council.

**COUNCIL TAX** 

Our enquiries of the Local Authority indicate the property to be in Council Tax Band A.

**VIEWING** 

By appointment through the Agents on Grimsby 311000.

**LOCATION AND AMENITIES** 

Bark Street is ideally positioned for the centre of Cleethorpes accessed via Highgate or Humber Street. The seafront is only a short walk away.

## Property Photos

- ![Main Picture](/listings/photos/39803406/253232) - Main Picture
- ![LOUNGE](/listings/photos/39803406/253233) - LOUNGE
- ![SITTING ROOM](/listings/photos/39803406/253234) - SITTING ROOM
- ![KITCHEN](/listings/photos/39803406/253235) - KITCHEN
- ![BATHROOM](/listings/photos/39803406/253237) - BATHROOM
- ![BEDROOM ONE](/listings/photos/39803406/253238) - BEDROOM ONE
- ![BEDROOM TWO](/listings/photos/39803406/253239) - BEDROOM TWO
- ![OUTSIDE](/listings/photos/39803406/253241) - OUTSIDE

## EPC Graphs

- ![EPC](/listings/photos/39803406/253242) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 25 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £77,000 | 31/03/2016 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 90 ST PETERS AVENUE, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HU | £47,500 | 21/03/2025 | Other |
| [Same street] 8 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £112,000 | 26/06/2023 | Terraced |
| [Same street] 30 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £110,000 | 19/12/2022 | Terraced |
| 35 - 37 SEA VIEW STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8EU | £200,000 | 28/10/2022 | Other |
| 15 KINGSWAY, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8QU | £242,000 | 22/09/2022 | Other |
| 8 CAMBRIDGE STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8HB | £190,000 | 10/06/2022 | Other |
| [Same street] 2 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £154,000 | 27/04/2022 | Terraced |
| [Same street] 35 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £168,000 | 08/04/2022 | Terraced |
| [Same street] 13 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £95,000 | 07/03/2022 | Terraced |
| [Same street] 22 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £117,000 | 18/02/2022 | Terraced |
| 71 OXFORD STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RE | £125,000 | 14/01/2022 | Other |
| [Same street] 21 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £110,000 | 22/12/2021 | Terraced |
| [Same street] 2 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £122,000 | 06/12/2021 | Terraced |
| 8 - 12 CORONATION ROAD, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RT | £32,000 | 06/10/2021 | Other |
| [Same street] OXFORD COURT 6 BARK STREET, CLEETHORPES, NORTH EAST LINCOLNSHIRE, DN35 8RD | £75,500 | 30/07/2021 | Flat |

**Street average:** £118,167 (9 sales)
**Area average:** £139,417 (6 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £153,409 (11 Other, DN35, 2024–2026)
- **Deviation:** -47.9%

## Rental Range

*ONS Price Index of Private Rents (North East Lincolnshire). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £555/mo
- **Realistic:** £617/mo
- **Optimistic:** £679/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Grimsby (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £479/mo

## 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 |
|------|------|------|------|------|
| 2 Bed Flat, Clee Road, DN35 | £600/mo | 2 | 0.53 miles | OpenRent |

**Average rent: £600/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.75% (weak for cashflow)
- **Max investor price (0.8%):** £75,000
- **Target investor price (1%):** £60,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £600/mo).*

- **Gross yield:** 9%
- **Cost-to-rent:** 11.1×
- **Monthly cashflow:** £200/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **10y growth:** -64.2%

## House Price Index (HM Land Registry)

*Official index for North East Lincolnshire; All dwelling types series; as of March 2026.*

- **1y growth (index):** 0%
- **5y growth (index):** 16.4%
- **10y growth (index):** 42.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)