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Wilford Grove, Skegness

East of England

£140,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1013 sqft

Description

This mid-terrace house in the sought-after Seacroft area of Skegness presents an exciting opportunity for renovation and improvement. Though requiring modernization, it features two well-proportioned reception rooms, a spacious master bedroom, and a second larger-than-average bedroom. The enclosed rear courtyard garden adds potential for outdoor enhancements. The property is equipped with uPVC windows and doors, ensuring a good baseline condition while being offered with no onward chain, simplifying the acquisition process for investors or first-time buyers looking to put their mark on a home. It’s conveniently located near local amenities and the beach, enhancing its appeal as a rental or renovation project.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£138/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£141
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£226,871
10% above area average per sq ft
Potential ROI
+37.5%
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

Wilford Grove, 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
£513
Based on a loan of £105,000 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