CONTENTS: INTRODUCTION - ASHFORD, KENT - BATH, SOMERSET - BECKENHAM, KENT - BEDFORD, BEDFORDSHIRE - BILLERICAY, ESSEX - BIRMINGHAM CITY CENTRE, BIRMINGHAM - BOURNEMOUTH, SUSSEX - BRENTWOOD, ESSEX - BRIGHTON, SUSSEX - CAMBRIDGE, CAMBRIDGESHIRE - CANTERBURY, KENT - CARDIFF, WALES - CHELMSFORD, ESSEX - CLEETHORPES, LINCOLNSHIRE - COLCHESTER, ESSEX - EPPING, ESSEX - GRANTHAM, LINCOLNSHIRE - GREAT YARMOUTH, NORFOLK - GUILDFORD, SURREY - IPSWICH, SUFFOLK - KETTERING, NORTHAMPTONSHIRE - KINGS LYNN, NORFOLK - LEICESTER, NORTHAMPTONSHIRE - LIVERPOOL CITY CENTRE, LANCASHIRE - LUTON, BEDFORDSHIRE - MANCHESTER, LANCASHIRE - MILTON KEYNES, BEDFORDSHIRE - NORWICH, NORFOLK - OXFORD, OXFORDSHIRE - PETERBOROUGH, CAMBRIDGESHIRE - READING, BERKSHIRE - ROMFORD, ESSEX - SOUTHEND-ON-SEA, ESSEX - ST ALBANS, HERTFORDSHIRE - STANSTED, ESSEX - SWINDON, BERKSHIRE - WELWYN GARDEN CITY, HERTFORDSHIRE - WISBECH, CAMBRIDGESHIRE
| Area: | CLEETHORPES, LINCOLNSHIRE | |||||||
| Category: | B | |||||||
| Investor Profile | Pension, Retirement, Holiday, Downshifter, Business and Cash&Equity | |||||||
| Population aged 15+: | 27,137 | |||||||
| Actual | National Average | |||||||
| Percentage Class ABC1: | 48% | 44% | ||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||
| Per 1000 population | 13 | 1 | 17 | 12 | ||||
| Yield Range: | 6.6% - 10.9% | |||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
| Flats&maisonettes | 26,400 | 39,600 | 55 | 74 | 9.7% | 10.8% | ||
| Terraced | 34,400 | 51,600 | 72 | 97 | 9.8% | 10.9% | ||
| Semi-detached | 60,000 | 90,000 | 85 | 115 | 6.6% | 7.4% | ||
| Detached | 84,800 | 127,200 | 127 | 172 | 7.0% | 7.8% | ||
| Valuations above the national average by: | 0% | |||||||
| Actual | National Average | |||||||
| Capital growth last 12 months: | 9% | 18% | ||||||
| Capital growth last 5 years: | 33% | 80% | ||||||
| Large employers in the area: | ||||||||
| Demand For Letting: | OK | |||||||
| Average void period: | 3 weeks | |||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
| Out of 10: | 6 | 1 | 5 | |||||
| Summary: | A high yielding area but riskier due to likely tenant demand. | |||||||
| Description: | All the elements you want from a historic seaside town are still well alive in Cleethorpes. Three miles of beautiful sand-filled beaches, loads of traditional events and attractions and character-full accommodation. The area is next to the peaceful Lincolnshire Wolds - making Cleethorpes a great place to live, work and invest! If you are looking for that traditional weekend break then Cleethorpes is the popular choice. The tourism trade and its proximity to Grimsby keep the rents high in this area hence such good yields. It’s the choice of the middle class if you work in North East Lincolnshire. Cleethorpes continues to grow as a seaside resort due to the historic railway attraction dating back to 1845. The area is well connected. It is less than three hours to London by rail and is only a four minutes drive to Humberside Airport. The Humber Bridge can get you to the ferry port in Hull in less than an hour and is a gateway to the area. | |||||||
| Mainline railway station: | 2 hours to York | |||||||
| Road Access: | Main access A16 & A46 36 miles north east of Lincoln 21 miles from M180 | |||||||
| Local Newspaper | Grimsby Evening Telegraph 01472 360360 | |||||||
| Estate Agents: | Name | Address | Tel | Web | ||||
| David Parkinson Estate Agents | 55 Grimsby Road Cleethorpes South Humberside DN35 7AF | 01472 351203 | ||||||
| Bacons | 71-73 St Peters Avenue Cleethorpesouth Humberside DN35 8HJ | 01472 351126 | www.bacons.co.uk | |||||
| Argyle Estate Agents | 31 Sea View Street Cleethorpes South Humberside DN35 8EU | 01472 603929 | ||||||
| Bettles, Miles & Holland | 15 Sea View Street Cleethorpes South Humberside DN35 8EU | 01472 698698 | ||||||
| Letting Agents: | Name | Address | Tel | Web | ||||
| Humberstone & Partners | 6 Short Street Cleethorpes South | 01472 570293 | ww.humberstoneproperties.com | |||||