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Church Lane, Croft, PE24

East of England

£155,500
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
718 sqft

Description

This two-bedroom cottage, nestled in a tranquil semi-rural village near Skegness, offers an uncomplicated layout that holds significant potential for renovation. The property features a convenient downstairs bathroom and a kitchen that opens into a dining area which flows directly into the lounge, creating an inviting atmosphere. Upstairs, two bedrooms await your personal touch to enhance their appeal. The generous rear garden presents ample outdoor space for further landscaping or development, along with a storage shed for tools or equipment. With town amenities just a short distance away and the charm of village life at your doorstep, this cottage is an excellent opportunity for those looking to invest in a project that could significantly increase value. An Energy Performance Certificate rating of F indicates room for energy efficiency improvements.

Investment Analysis

(PE24 area)

Below Market Value

This property is priced -3.9% below area average per sq ft

-3.9%
Potential saving
This Property
£217/sq ft
Area Average
£225/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£177,981
10% above area average per sq ft
Potential ROI
-9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (PE24)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -4.4%
5 year growth: +23.8%
Investment Disclaimer: Analysis based on PE24 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

Church Lane, Croft, PE24
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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
£561
Based on a loan of £116,625 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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