Church Lane, Skegness, PE24
East of England
£171,000Guide Price
Listed on 07/08/2026
Listed on 07/08/2026
The listing
Property details
Bedrooms
2Type
Detached BungalowDescription
Offered at auction through the Modern Method of Auction, this detached two-bedroom bungalow has an unfinished extension and planning permission for a four-bedroom layout. The existing accommodation provides a starting point, while the extension has been commenced but still requires completion. Planning permission is also stated for a detached garage. Any proposed works remain subject to the relevant planning permissions and building regulations. The property is freehold and has an EPC rating of E. Buyers should review the auction terms, reservation fee and buyer information pack before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
46out of 100
Grade ELow opportunity
Confidence: LOW
This is a substantial, hands-on project rather than a cosmetic refresh: the extension is unfinished, with exposed blockwork and open apertures, while existing interiors also need making-good. The attraction is the chance to complete a large extension and shape the bungalow into the four-bedroom home described in the listing, on a stated large plot with permission for a detached garage. The garden is currently overgrown and disturbed, and the roof-covering arrangement and work completed so far need careful checking.
The score is held back by the limited condition score and by missing floor-area information: without it, value versus local £/sqf cannot yet be judged. The listing is being sold by modern method of auction, so bidding can take the hammer above the guide and the eventual price may not stay this cheap.
Key opportunities
- Complete the commenced extension to pursue the four-bedroom bungalow layout described in the listing, subject to checking the approved plans and compliance.
- Make the unfinished interiors your own, including completing floors and wall and ceiling finishes across the existing accommodation.
- Reclaim and improve the large plot, with the stated permission for a detached garage offering an additional element to explore.
Key risks
- The exposed, unfinished extension, incomplete interior finishes and disturbed plot point to a heavy, multi-stage programme; allow for a full completion project rather than a cosmetic refresh.
- The extension is not weather-tight in the photographs, and the roof coverings differ between sections with completion status unclear; inspect the roof and verify the quality and regulatory status of work already carried out.
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Transport
Nearest stations
Skegness Rail Station
5.5 miles
Train · Skegness
Havenhouse Rail Station
7.8 miles
Train · Havenhouse
Thorpe Culvert Rail Station
8.7 miles
Train · Thorpe Culvert
Wainfleet Rail Station
9.0 miles
Train · Wainfleet All Saints
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£646
Based on a loan of £128,250 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-14.5% since listed
£171,000£19,000(-10.0%)
22/10/2026£190,000£10,000(-5.0%)
02/10/2026£200,000Initial listing
12/09/2026Services
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