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Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 1
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 2
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 3
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 4
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 5
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 6
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 7
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 8
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 9
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 10
Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ - Image 11

Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ

East of England

£180,000
Listed on 04/03/2026

Property Details

Bedrooms
5
Type
Detached house

Description

This semi-detached property features five self-contained one-bedroom flats, each providing a functional layout suitable for rental or resale. With a front yard and a vacant status, it presents an excellent opportunity for investors looking to add value through modernization. The flats require varying degrees of refurbishment but offer a solid foundation for potential upgrades. Located conveniently near the shopping amenities of Skegness and within walking distance to recreational areas like the beach and War Memorial Playing Fields, this property is ideally positioned for attracting tenants or buyers. Accessible via the A52, it boasts good transport links, enhancing its investment appeal.

Investment Analysis

(PE25 area)
Area Average
£202/sq ft
Avg Rent (weekly)
£144
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE25)

Area prices are falling by -4.5% over the last 12 months
3 year growth: -4.1%
5 year growth: +12.4%
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

Flats 1-5, 15 Scarborough Avenue Skegness PE25 2SZ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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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