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Boston Road, Wainfleet St. Mary, Skegness

East of England

£275,000
Listed on 20/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
721 sqft

Description

This traditional detached family home offers a unique opportunity for renovation on a spacious 0.25-acre plot, nestled within well-established gardens. Positioned on the outskirts of Wainfleet, the property provides a tranquil countryside setting while remaining conveniently close to local amenities. The house features three bedrooms and ample living space with two reception rooms, making it ideal for families or those seeking extra room for entertaining. The layout includes an entrance porch that leads into a welcoming hall, along with a separate pantry that adds character and potential for creative use. Both the lounge and dining room boast bay windows that invite natural light, highlighting original features such as tiled open fireplaces and picture rails. The kitchen space is functional but could benefit from modernization, allowing buyers to craft their dream cooking area. Adjacent to the kitchen is a rear porch that connects to a conservatory, which expands the living area and overlooks the garden—a perfect spot for future updates or enhancements. Upstairs, you’ll find three well-sized bedrooms that include built-in wardrobes. The bathroom and separate WC provide practical facilities but also present an opportunity to reconfigure or update to current standards. The exterior of the property features a sweeping tarmac driveway leading to a garage, alongside multiple garden areas including an orchard with fruit trees and a vegetable patch. These elements not only enhance the outdoor experience but also offer additional possibilities for landscaping or gardening enthusiasts. While some updating is needed throughout this residence, its generous dimensions and location present significant investment potential—whether you're looking to create your ideal family home or explore rental opportunities in this desirable area. The property is offered with no onward chain, allowing for straightforward acquisition without delay. With mains electricity and water connections already established, this home is ready for its next chapter; all it needs is your vision to unlock its full potential.

Investment Analysis

(PE24 area)

Above Market Value

This property is priced +67.3% above area average per sq ft

+67.3%
This Property
£381/sq ft
Area Average
£228/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£180,866
10% above area average per sq ft
Potential ROI
-42.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE24)

Area prices are rising by +7.7% over the last 12 months
3 year growth: -1.1%
5 year growth: 35.2%
Investment Disclaimer: Analysis based on PE24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Boston Road, Wainfleet St. Mary, Skegness
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE