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Middlemarsh Road, Burgh Le Marsh, Skegness

East of England

£255,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2433 sqft

Description

This charming detached farmhouse presents a unique opportunity for renovation enthusiasts or investors looking to tap into its potential. Nestled in a spacious 0.25-acre plot, the property is located approximately three miles from Skegness, offering a blend of rural tranquility and accessibility. Featuring four bedrooms and multiple reception areas, the layout provides a solid foundation for modern living once refurbished. The farmhouse retains many character features, including original fireplaces and spacious rooms, though some modernisation is necessary to elevate it to contemporary standards. Benefiting from double glazing and oil-fired central heating, the property already has essential infrastructure in place, which can facilitate more streamlined renovations. In addition to the main house, there are extensive outbuildings that could be adapted for various uses—be it for storage, workshops, or even converted into additional living space (subject to planning permission). Given its freehold status and absence of onward chain complications, this property stands out as an attractive investment proposition for those prepared to undertake some work.

Investment Analysis

(PE24 area)

Below Market Value

This property is priced -54.0% below area average per sq ft

-54.0%
Potential saving
This Property
£105/sq ft
Area Average
£228/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£610,330
10% above area average per sq ft
Potential ROI
+71.9%
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