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28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY - Image 1
28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY - Image 2
28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY - Image 3
28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY - Image 4
28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY - Image 5
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28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY - Image 7
28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY - Image 8
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28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY - Image 10
28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY - Image 11

28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY

East of England

£175,000

Listed on 25/06/2026

Property details

Bedrooms
N/A
Type
Not Specified

Description

This freehold guest house presents a unique opportunity for investors and developers, located on the desirable Scarborough Avenue in Skegness. With existing planning consent for conversion to eight self-contained holiday units, including an outbuilding, the property is primed for transformation. Although renovations have commenced in parts of the building, two rooms are currently active on Air B&B, generating immediate income potential. The property's proximity to the seafront and local amenities further enhances its appeal. Its central coastal location balances seaside charm with convenient access to shopping and transportation. Given its current condition and potential for significant development, this property is a solid investment prospect requiring careful consideration of refurbishment requirements.

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Investment analysis

(PE25 area)
Area Average
£202/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE25)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -1.3%
5 year growth: +14.0%
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

28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 over 30 years at 4.45% 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.

Stamp duty calculator

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