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Firbeck Avenue, Skegness, PE25 - Image 1
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Firbeck Avenue, Skegness, PE25

East of England

£199,950
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1076 sqft

Description

This detached 4-bedroom house offers a significant opportunity for modernisation, ideally situated to the south of Skegness town centre. The property is within walking distance to local shops and the beach, making it a prime spot for renovation. The layout includes an entrance hall leading to a spacious lounge with bay windows, a dining room featuring a brick fireplace, and a kitchen with potential for reconfiguration. Upstairs, you'll find four bedrooms along with a family bathroom and separate W.C., all awaiting your personal touch. The front garden provides off-street parking via a concrete drive that leads to a garage and additional outbuildings at the rear. A generous lawned garden offers ample space for landscaping or outdoor entertaining. This property presents a blank canvas for those looking to create their dream home or investment property in a desirable coastal area.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£186/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£141
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£240,981
10% above area average per sq ft
Potential ROI
-7.3%
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

Firbeck Avenue, Skegness, PE25
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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
£732
Based on a loan of £149,962 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