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Buy-to-let in North East Lincolnshire

Yields, prices, demand and local risks for North East Lincolnshire, covering Cleethorpes, Grimsby, Immingham.

Gross rental yields across North East Lincolnshire are 7.3% on terraced houses, 6.3% on flats and 5.0% on semi-detached houses, depending on the kind of home each town's prices point to. Entry prices across its 3 ranked towns run from £81,000 to £140,000. Prices across North East Lincolnshire moved +2.6% over the last year and +38.0% over ten years.

North East Lincolnshire in figures

Gross rental yield
5.0% to 7.3%
By kind of home, across North East Lincolnshire
Entry price, across its towns
£81,000 to £140,000
The cheapest postcode district's median sale
Price move, 12 months
+2.6%
UK House Price Index, across North East Lincolnshire
Price move, 10 years
+38.0%
UK House Price Index, across North East Lincolnshire
Population
160,101
North East Lincolnshire, +1.8% growth
  • Semi-detached houses across North East Lincolnshire let for £700/mo against a median sale of £170,000 there: 5.0% gross before costs, on ONS rents and sold prices for the whole authority.
  • ONS puts the median rent across the whole local authority at £643/mo, which is the figure to check an asking rent against.
  • Prices across North East Lincolnshire rose 2.6% over the last year on the mix-adjusted UK HPI, which is measured for the whole local authority.
  • Prices +38% over ten years (North East Lincolnshire)
  • £7,300 stamp duty with the 5% surcharge on a £140,000 buy-to-let
  • 2 regeneration awards (North East Lincolnshire)
  • 583 homes added across North East Lincolnshire
  • Band D £2,484 (North East Lincolnshire)
  • 2.3% long-term empty across North East Lincolnshire
  • +29% five-year forecast for Yorkshire and The Humber as a whole (Savills), not this area

These figures are from Clarity's monthly ranking dataset, one method across every place so they compare. The North East Lincolnshire report measures the area in more depth over its own twelve months, so its figures are the ones to quote.

What sits behind the figures

Prices across North East Lincolnshire moved +38.0% over ten years on the UK House Price Index, and prices are at or near their highest.

Employee jobs across North East Lincolnshire moved +1.4% from 2015 to 2024 (ONS Business Register and Employment Survey).

68% of the energy performance certificates lodged across Cleethorpes's postcode districts are below band C (11,437 certificates). Clarity measures areas rather than individual homes, so this is the share of the local stock likely to need energy-efficiency work before it meets a band C standard, not a survey of any one property.

A buy-to-let at £140,000 pays £7,300 in Stamp Duty Land Tax, including the 5% surcharge on additional homes.

The five-year forecast quoted above (Savills, Yorkshire and The Humber) is a regional figure for Yorkshire and The Humber as a whole, not a forecast for North East Lincolnshire, and Clarity does not rank on it.

Towns in North East Lincolnshire

Ranked towns covered by the North East Lincolnshire report
TownEntry priceGross yieldTenant demand
Cleethorpes£140,0005.0%semi-detached houses3.2/10
Grimsby£81,0006.3%flats3.4/10
Immingham£135,5007.3%terraced houses3.2/10

Each yield is North East Lincolnshire's, for the kind of home that town's prices point to, and the year's price move is measured across North East Lincolnshire as a whole, so towns pointing to the same kind of home share a yield.

The North East Lincolnshire report

The full report measures North East Lincolnshire from its own sales: sold prices and rents for each type of home, the year's price move, crime per resident and worker, flood risk, planning designations, housing delivery and regeneration funding, with a worked buy-to-let deal on your own budget. This edition was built in October 2026.

Read the cover of the North East Lincolnshire report, free, with its headline figures, before you decide.

You own this report

The latest Clarity PDF report for North East Lincolnshire, monthly rebuilds included.

Owned

Read a full Liverpool report, free to see everything a report contains.

Compare it with everywhere else

The investment map ranks North East Lincolnshire against every other place we cover, on your own budget and strategy. Questions about the figures or about us are answered here.

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