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Middlemarsh Road, Burgh Le Marsh, Skegness

East of England

£255,000
Listed on 24/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1743 sqft

Description

This traditional detached farmhouse features four bedrooms and is nestled in a serene rural setting on approximately 0.25 acres of land, offering significant potential for renovation and investment. Located about three miles inland from the coastal resort of Skegness, this property combines charming period features with the opportunity for modernization. The main living areas include a reception hall that leads into three spacious reception rooms, providing versatile spaces for family living or entertaining. The kitchen is functional but could benefit from updates to maximize its potential, while the adjoining dining area offers space for gatherings. Upstairs, the four bedrooms are generously sized, each equipped with double-glazed sash windows that invite natural light and views of the surrounding landscape. The property includes several outbuildings—each with unique characteristics—that can serve various purposes such as storage, workshops, or even conversion projects (subject to planning permissions). Noteworthy is a sizeable agricultural building equipped with solar panels that contribute to energy efficiency and potential income generation. While the house has been maintained, some modernization is required to fully unlock its charm. With oil-fired central heating already in place and mostly double-glazed windows throughout, updates could enhance energy efficiency while preserving character elements like cast iron fireplaces. Set against a backdrop of mature trees and a lawned garden, the property enjoys quiet surroundings yet remains accessible to local amenities in Skegness. This combination of location and potential makes it an attractive proposition for those looking to invest in a project that promises both personal enjoyment and financial return. Overall, this farmhouse represents not just a home but also an opportunity—a canvas awaiting your vision for renovation and enhancement amid beautiful rural scenery.

Investment Analysis

(PE24 area)

Below Market Value

This property is priced -35.8% below area average per sq ft

-35.8%
Potential saving
This Property
£146/sq ft
Area Average
£228/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£437,240
10% above area average per sq ft
Potential ROI
+38.8%
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

Middlemarsh Road, Burgh Le Marsh, 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
£934
Based on a loan of £191,250 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