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Ida Road, Skegness

East of England

£260,000
Listed on 27/03/2026

Property Details

Bedrooms
4
Type
House
Area
1738 sqft

Description

This distinctive period home is positioned centrally in Skegness, offering significant renovation potential for those looking to invest or modernize. The property features ample off-road parking and a spacious rear garden, making it an ideal setting for enhancements. With no onward chain, this property presents an opportunity for buyers eager to undertake a modernization project. It is equipped with gas central heating and partially double-glazed windows, yet retains many original details that could be restored or improved upon. The front of the house showcases a charming stone decorative wall and low-maintenance garden, leading into a reception hall adorned with original stained glass and a classic staircase. The lounge offers traditional elements like an original fireplace and bay window, while the dining room opens through French doors to the garden. The kitchen possesses basic amenities and storage options but would benefit from a contemporary redesign. Additional utility space with plumbing for appliances is also present. Upstairs, four bedrooms display charming period features such as sash windows and fireplaces that could shine with modern updates, alongside a bathroom requiring refurbishment to enhance its functionality. With mains gas, electricity, water, and drainage connected to the property, along with local amenities just moments away, this home stands ready for transformation into a comfortable family residence or rental investment.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -26.0% below area average per sq ft

-26.0%
Potential saving
This Property
£150/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£144
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£386,279
10% above area average per sq ft
Potential ROI
+24.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE25)

Area prices are falling by -4.5% over the last 12 months
3 year growth: -4.1%
5 year growth: +12.4%
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

Ida Road, Skegness
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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
£938
Based on a loan of £195,000 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.

Price History

-3.7% since listed
£260,000£10,000(-3.7%)
27/03/2026
Current price
£270,000Initial listing
03/10/2025

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