Mill Road, Addlethorpe, PE24
East of England
£135,000Guide Price
Listed on 10/10/2026
Listed on 10/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
829 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered at auction, this three-bedroom semi-detached house in Addlethorpe is offered with no onward chain. The ground floor has a lounge and a separate dining room, both with open fireplaces, alongside a kitchen and attached outbuildings that can provide storage or utility space. The accommodation also includes three bedrooms and a shower room. Oil-fired central heating is stated, and the property is freehold.
Outside, the house occupies a good-sized plot with a driveway for several vehicles, a single garage and a generous garden. The listing notes open field views. It also identifies scope to extend or adapt the property, subject to the necessary permissions and consents. The village is in a semi-rural setting, with local amenities a few miles away and access to neighbouring communities and the Lincolnshire coast.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
78out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £135,000, this three-bedroom semi is priced at £163/sq ft, around 27% below the local average—a strong entry point for a buyer looking to add value. The separate lounge and dining room, both with fireplaces, provide character, while the driveway, garage, attached outbuildings and generous garden with open-field views give the property useful space and flexibility.
The interiors are dated rather than a major overhaul: cosmetic updating, fresher flooring and some attention to the kitchen and shower room could make a clear difference. The garden also offers scope to clear and organise. It is offered through modern auction; bidding can take the hammer price above the guide, so the eventual purchase price may not remain this cheap.
Key opportunities
- Refresh the dated interior finishes and flooring to give the living spaces a more contemporary feel.
- Clear and organise the generous garden, making better use of its open-field outlook.
- Make use of the driveway, garage and attached outbuildings for parking, storage or practical household space.
Key risks
None recorded.
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Transport
Nearest stations
Skegness Rail Station
2.9 miles
Train · Skegness
Havenhouse Rail Station
5.1 miles
Train · Havenhouse
Thorpe Culvert Rail Station
6.4 miles
Train · Thorpe Culvert
Wainfleet Rail Station
6.4 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
£510
Based on a loan of £101,250 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
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