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Brian Avenue, Skegness, PE25 2DF

East of England

£120,000

Listed on 24/06/2025

Property details

Bedrooms
1
Type
Detached Bungalow

Description

This detached bungalow presents an excellent opportunity for renovation in the desirable seaside resort of Skegness. With a single bedroom and a practical layout, it offers substantial potential for first-time buyers, downsizers, or property investors looking to enhance their portfolio. The entrance hallway leads to various rooms, including a kitchen equipped with plumbing for a washing machine and ample storage space. The living area features an electric fire and a sliding door that opens into a conservatory which could be transformed into a more usable living space. The bathroom is fitted with essential amenities but would benefit from modernisation to meet contemporary standards. The outdoor areas include manageable front and rear gardens, which can be revamped into attractive outdoor spaces. Given its location near the coast and existing infrastructure, this property stands as a promising renovation project that could yield significant returns whether intended for personal use or rental purposes.

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Investment analysis

(PE25 area)
Area Average
£201/sq ft
Avg Rent (weekly)
£142
Avg Yield
3.4%

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
20
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE25)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -1.2%
5 year growth: +13.6%
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

Brian Avenue, Skegness, PE25 2DF
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

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