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Burgh Road, Skegness, Lincolnshire, PE25 2RJ

East of England

£180,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
969 sqft

Description

This substantial semi-detached house features three bedrooms and is ideally situated on a prominent main road, offering both convenience and visibility. The property is in close proximity to essential amenities such as local schools, shops, pubs, restaurants, and a doctors' surgery, all while being just a short walk from the seafront. Inside, the home provides comfortable living spaces that are ready for immediate occupancy but also present an excellent opportunity for customization and renovation. The layout includes a welcoming entrance porch that leads into a hallway with a classic leaded glass door. The spacious lounge benefits from a bay window that allows natural light to flood in, while an archway connects it to the dining room. The kitchen features recent upgrades with modern base cupboards and wall-mounted units, along with essential plumbing for appliances. An under-stair cupboard offers potential for conversion into a ground-floor WC, subject to necessary permissions. The first floor comprises three bedrooms and a family bathroom equipped with an electric shower over the bath. Externally, the property includes off-road parking and a fenced rear garden which is primarily laid to lawn but could be transformed into an appealing outdoor space. There is also potential to enhance parking options at the front of the property. Situated on Burgh Road, this home enjoys easy access to local amenities while maintaining proximity to recreational areas such as the nearby seafront—making it not only attractive for families but also appealing as an investment opportunity in a desirable location. With its blend of space and potential for modernization, this property represents an excellent investment for those looking to add value over time.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -8.8% below area average per sq ft

-8.8%
Potential saving
This Property
£186/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£141
Avg Yield
3.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£217,017
10% above area average per sq ft
Potential ROI
+8.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE25)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -3.9%
5 year growth: 14.5%
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

Burgh Road, Skegness, Lincolnshire, PE25 2RJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 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