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Douglas Avenue, Ingoldmells, Skegness

East of England

£140,000
Listed on 17/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1040 sqft

Description

This two-bedroom detached bungalow in Ingoldmells offers a remarkable opportunity for those interested in a renovation project. Nestled in a sought-after residential area, the property features a straightforward layout that can be easily reimagined to fit modern tastes. The entrance hallway leads to a spacious lounge with French doors, creating a welcoming space filled with natural light. The kitchen, while functional, could benefit from reconfiguration and contemporary updates to enhance the overall flow of the home. Both bedrooms are well-sized and present potential for personalization. Externally, the bungalow boasts gardens at both the front and back, providing ample outdoor space which could be landscaped or transformed into private retreats. A driveway leads to a single garage, offering additional storage solutions or parking options. Given its close proximity to local amenities and public transport links, this property is well-suited not only for downsizers but also for investors or buyers looking to create their ideal living space in this coastal community. With no onward chain, this bungalow invites you to explore its full potential for modernisation.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -33.4% below area average per sq ft

-33.4%
Potential saving
This Property
£135/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£137
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£231,088
10% above area average per sq ft
Potential ROI
+28.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (PE25)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -2.9%
5 year growth: 12.7%
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

Douglas Avenue, Ingoldmells, 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