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Market Place, Wainfleet, Skegness - Image 1
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Market Place, Wainfleet, Skegness

East of England

£100,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This listing presents a unique opportunity to acquire two adjoining properties in the heart of Wainfleet Market Place, comprising an end-terrace house and a ground-floor flat. Ideal for investors or those looking to undertake a renovation project, these properties offer considerable potential for transformation. The combined accommodation includes three bedrooms, two reception rooms, two kitchens, and two bathrooms. While the interiors require significant renovation, this provides an ideal blank canvas to create bespoke living spaces or lucrative rental units. With their characterful exteriors and prime central location, there is scope to develop attractive homes, holiday lets, or long-term rentals appealing to a variety of market demographics. The properties benefit from being centrally situated in Wainfleet Market Place, providing easy access to local shops, amenities, and essential services. Families will appreciate the proximity to primary schools and public transportation options, including convenient bus links and a nearby train station offering direct routes to Nottingham and London. This accessibility enhances the appeal of the properties for both residents and future tenants. In summary, the potential for renovation and investment within this dual property listing cannot be overstated. It presents an exciting chance to capitalize on a growing market in Wainfleet while crafting distinctive residences tailored to modern living.

Investment Analysis

(PE24 area)
Area Average
£228/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Market Place, Wainfleet, Skegness
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 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