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St. Clements Road, Skegness

East of England

£80,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
937 sqft

Description

This three-bedroom mid-terrace home in Skegness offers a promising renovation opportunity for buyers looking to invest or personalize a property. It is situated on St Clement's Road, a location that benefits from proximity to local amenities, schools, and the vibrant town center of Skegness. The ground floor features an entrance hall that leads into a spacious lounge, which is complemented by a kitchen area that presents versatile potential for reconfiguration or modernization. The layout allows for creative design choices, accommodating various preferences and styles. On the first floor, you’ll find three bedrooms along with a family bathroom. Each bedroom provides ample space and natural light, making them ideal candidates for updates that could enhance functionality or aesthetic appeal. The exterior includes a rear garden primarily laid to lawn with a patio area, providing an inviting outdoor space that could be further developed into a more elaborate garden setting or entertainment area. Additionally, on-street parking is available at the front of the property. This home represents not only an investment opportunity but also a chance for first-time buyers to create their dream living space in a desirable location. Its renovation potential ensures there is room to increase value while tailoring it to personal tastes and modern living standards.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -58.1% below area average per sq ft

-58.1%
Potential saving
This Property
£85/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£141
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£209,851
10% above area average per sq ft
Potential ROI
+82.5%
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

St. Clements Road, Skegness
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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
£293
Based on a loan of £60,000 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