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Summer Gates Lane, Bratoft, Skegness - Image 1
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Summer Gates Lane, Bratoft, Skegness

East of England

£250,000
Listed on 21/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1266 sqft

Description

This detached bungalow is situated in the quaint village of Bratoft, known for its tranquil rural ambiance and proximity to coastal attractions. Positioned on a generous plot, the property features mature gardens that offer scenic views of the surrounding countryside. Inside, you'll find two reception rooms providing versatile living space, alongside practical amenities such as a utility room and an outbuilding/store. While the home is functional as-is, there is significant potential for updates and personalisation. The property is also offered with no onward chain, simplifying the purchasing process for investors or first-time buyers. The exterior includes a gravelled driveway with double gated access and established hedges and flower beds framing the home. This bungalow presents an excellent opportunity for renovation to enhance value and create a bespoke living environment.

Investment Analysis

(PE24 area)

Below Market Value

This property is priced -13.8% below area average per sq ft

-13.8%
Potential saving
This Property
£197/sq ft
Area Average
£229/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£318,975
10% above area average per sq ft
Potential ROI
+10.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PE24)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -4.8%
5 year growth: 35.6%
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.

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Location

Summer Gates Lane, Bratoft, Skegness
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