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Prince Avenue, Chapel St. Leonards, Skegness, PE24 5RR - Image 1
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Prince Avenue, Chapel St. Leonards, Skegness, PE24 5RR

East of England

£210,000
Listed on 01/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This 2-bedroom detached bungalow in the tranquil cul-de-sac of Chapel-St-Leonards presents an excellent opportunity for renovation and investment. The property, which is devoid of any onward chain, requires modernisation, allowing a prospective buyer to tailor it according to their preferences. It features an integral garage, a separate WC, two generously sized double bedrooms, a spacious lounge, and a distinct dining area. Outside, there's ample driveway parking, front and rear gardens, and additional facilities such as a conservatory attached to the garage and a summer house. With thoughtful enhancements, this well-laid-out space can be transformed into a comfortable home or rental property. Upon entering through sliding porch doors into the hallway, you’ll find low-level oil-fired radiators throughout and various utility spaces including loft access and storage cupboards. The lounge boasts bright windows that invite plenty of natural light. A traditional brick fireplace adds character but may require updating to meet contemporary tastes. The kitchen features fitted wall and base units with essential appliances in place but could benefit from reconfiguration or new updates. Both bedrooms provide generous space with garden views; thus they hold potential for modernisation. The bathroom includes basic fixtures that might need refurbishment for improved functionality. The outdoor space offers privacy with mature gardens needing minimal landscaping improvements. A new oil boiler has been installed recently, enhancing the property's efficiency. Overall, this bungalow is well-positioned within Chapel-St-Leonards—an appealing seaside village near beautiful beaches—making it an attractive investment in today's market.

Investment Analysis

(PE24 area)
Area Average
£225/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (PE24)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -0.5%
5 year growth: +29.6%
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

Prince Avenue, Chapel St. Leonards, Skegness, PE24 5RR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£757
Based on a loan of £157,500 over 30 years at 4.06% 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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