
East of England
£128,000Guide Price
Listed on 05/11/2026
Listed on 05/11/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At £128,000, this freehold guest house has a strong coastal setting close to the seafront, town centre and station. The photos show a mixed condition: some usable fitted facilities and a presentable bedroom sit alongside stripped finishes, bare floorboards and exposed ceiling structure. This is a substantial project with scope to shape the property around its existing consent for eight self-contained holiday units and an outbuilding; check the consent, works already started and implementation status carefully. Floor area is missing, so value versus local £/sqf cannot yet be judged. The sale is by auction, and bidding can take the hammer above the guide, so the eventual price may not stay at this level.
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Transport
Skegness Rail Station
0.3 miles
Train · Skegness
Havenhouse Rail Station
3.5 miles
Train · Havenhouse
Wainfleet Rail Station
5.2 miles
Train · Wainfleet All Saints
Thorpe Culvert Rail Station
6.0 miles
Train · Thorpe Culvert
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
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
Indicative tax based on the asking price and the options you select.
Services
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