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Scarbrough Avenue, Skegness, PE25 - Image 1
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Scarbrough Avenue, Skegness, PE25

East of England

£250,000
Listed on 31/12/2025

Property Details

Bedrooms
8
Type
Semi-detached house

Description

This substantial property, nestled on the serene Scarborough Avenue, is an excellent opportunity for renovation and investment. Just a short stroll from the beach and seafront, it features secure off-road parking for multiple vehicles, accessible through double gates at the rear. With a versatile layout that includes 8 spacious bedrooms—many equipped with dressing rooms and ensuite facilities—and additional living areas, the potential for conversion into separate flats exists, pending appropriate planning permissions. The current configuration also includes an annex that has served as both owner accommodation and rental space. The interior boasts well-defined areas like a welcoming entrance hall leading to a lounge with a charming bay window and a dining room that has been repurposed as a storage area but maintains its original character with structural beams and a feature fireplace. Furthermore, each bedroom is accompanied by shower rooms or dressing areas, providing ample flexibility for various uses. This property invites creative vision; whether returning it to its former glory as a family home or exploring multi-unit rental opportunities, viewing is essential to fully grasp its potential.

Investment Analysis

(PE25 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£141
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE25)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -3.9%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on PE25 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

Scarbrough Avenue, Skegness, PE25
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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
£916
Based on a loan of £187,500 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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