Worst House on the Street Logo
Dorothy Avenue, Skegness - Image 1
Dorothy Avenue, Skegness - Image 2
Dorothy Avenue, Skegness - Image 3
Dorothy Avenue, Skegness - Image 4
Dorothy Avenue, Skegness - Image 5
Dorothy Avenue, Skegness - Image 6
Dorothy Avenue, Skegness - Image 7
Dorothy Avenue, Skegness - Image 8
Dorothy Avenue, Skegness - Image 9
Dorothy Avenue, Skegness - Image 10
Dorothy Avenue, Skegness - Image 11

Dorothy Avenue, Skegness

East of England

£160,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1830 sqft

Description

This three-bedroom detached bungalow in Skegness presents a significant renovation opportunity for those looking to invest in a property with substantial potential. Located just a short walk from the bustling town centre, residents will enjoy easy access to various amenities including shops, restaurants, and public transport links, as well as the nearby beach. The layout features a lounge, reception room, dining area, kitchen with an adjoining lean-to, and a sun room that opens out to the rear garden. Each of the three bedrooms offers ample space and natural light. While the bungalow provides off-street parking at the front and a lawned garden at the back, it is clear that modernization will be required throughout to unlock its full potential. This property is ideal for investors or homeowners who are keen to put their personal touch on a home in a desirable seaside location.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -57.1% below area average per sq ft

-57.1%
Potential saving
This Property
£87/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£141
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£409,847
10% above area average per sq ft
Potential ROI
+95.2%
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

Dorothy Avenue, Skegness
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE