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Middlemarsh Road, Burgh Le Marsh, Skegness

East Midlands

£255,000
Listed on 24/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2433 sqft

Description

This traditional detached farmhouse features four bedrooms and is nestled within approximately 0.25 acres of land, offering a unique opportunity for renovation and investment. Located about three miles inland from the coastal resort of Skegness, this property provides a peaceful rural setting while still being accessible to local amenities. Upon entering, you'll find a welcoming reception hall that leads into three spacious reception rooms. The living room features double-glazed sash windows and an open fireplace, while the lounge also benefits from similar characteristics and provides a cozy atmosphere. The dining room has built-in cupboards and direct access to a rear porch, connecting it conveniently to the outdoor space. The kitchen, though requiring modernization, is equipped with essential appliances and offers good potential for enhancement. Upstairs, there are four well-proportioned bedrooms characterized by natural light from multiple sash windows. The main bedroom includes a cast iron fireplace and built-in wardrobe, adding to its appeal. A separate cloakroom and bathroom serving the first floor complete the accommodation. Externally, the property boasts extensive outbuildings that unlock additional possibilities for development or storage. These include a stable with loft space above, various brick structures ideal for conversion projects, and an expansive agricultural building featuring solar panels that provide financial returns on energy savings. The grounds offer mature trees and ample space for landscaping or other uses. Given its location near Skegness and surrounding farmland, there is significant potential for future appreciation in value through thoughtful renovation or adaptation of the existing structures. This farmhouse is offered with no onward chain, making it an attractive prospect for those looking to invest in a charming property with considerable charm but scope for improvement. With various modern conveniences already in place alongside areas awaiting refurbishment, this home offers both character and future potential in a desirable area.

Investment Analysis

(PE24 area)

Below Market Value

This property is priced -55.9% below area average per sq ft

-55.9%
Potential saving
This Property
£105/sq ft
Area Average
£237/sq ft

Renovation Potential

Est. Renovation Cost
£25,500 - £63,750
10-25% of property value
Target Value
£635,487
10% above area average per sq ft
Potential ROI
+99.4%
After renovation
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

Middlemarsh Road, Burgh Le Marsh, Skegness
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