Worst House on the Street Logo
Oxlands Lane, Bratoft, Skegness - Image 1
Oxlands Lane, Bratoft, Skegness - Image 2
Oxlands Lane, Bratoft, Skegness - Image 3
Oxlands Lane, Bratoft, Skegness - Image 4
Oxlands Lane, Bratoft, Skegness - Image 5

Oxlands Lane, Bratoft, Skegness

East Midlands

£290,000
Listed on 02/11/2024

Property Details

Bedrooms
3
Type
Detached house

Description

This detached Country Cottage, reflecting the classic Lincolnshire style, features three bedrooms and is nestled within a spacious garden in a tranquil rural village approximately seven miles from the coastal resort of Skegness. The property offers an intriguing opportunity for renovation and investment, allowing discerning buyers to put their personal touch on a well-established home. The internal layout includes a welcoming front porch leading into an entrance hall, which branches off to a living room with period charm, complete with original tiled open fireplace. Adjacent to the living area is an inner hall that connects to a cozy lounge featuring living flame gas fire and double glazed patio doors that open into a conservatory, enhancing the overall living space. The kitchen benefits from dual aspect windows and offers a functional layout with potential for modern updates. The accommodation comprises three bedrooms upstairs, each presenting options for reconfiguration or refurbishment. A full bathroom completes the first-floor layout, while additional practical spaces include a utility room and rear porch on the ground floor. Set on a corner plot with generous outdoor space, the property boasts various outbuildings including greenhouses and storage sheds that could serve multiple purposes—ideal for gardening enthusiasts or those seeking additional workspace. The garage provides secure parking and extra storage options. Significantly, this property requires some modernization, presenting an excellent chance for investors or families looking to create their dream home while benefiting from the attractive village setting. This location offers easy access to local amenities while being within reach of Skegness's vibrant coastal offerings. With no onward chain, this cottage not only appeals as a charming residence but also as an ideal project for those keen on adding value through thoughtful renovations. The combination of location and potential makes it a unique opportunity in the current market.

Investment Analysis

(PE24 area)
Area Average
£237/sq ft

Renovation Potential

Est. Renovation Cost
£29,000 - £72,500
10-25% of property value
Monthly Sales
11
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE24)

Area prices are rising by +8.7% over the last 12 months
3 year growth: -3.3%
5 year growth: 37.7%
Investment Disclaimer: Analysis based on PE24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Oxlands Lane, Bratoft, Skegness
Map showing location of Oxlands Lane, Bratoft, Skegness
Open Map