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Drummond Road, Skegness, Lincolnshire PE25

East of England

£245,000

Listed on 20/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
2185 sqft

Description

This detached residence presents an excellent opportunity for prospective buyers interested in renovation and value enhancement. Located in Seacroft, the property is well-positioned near local amenities including supermarkets, eateries, and schools. The house features a welcoming entrance porch leading into a hallway with storage options, alongside a cloakroom. The spacious sitting room includes a period-style exposed brick fireplace, while the dining area connects to a bright garden room through an open archway, offering potential for modernisation. The kitchen is functional but would benefit from updating and reconfiguration for contemporary living. Upstairs, you will find four bedrooms, with the master bedroom featuring an en-suite shower room that could be refurbished to enhance functionality. The additional bedrooms provide ample space for family or guests and have retained some original charm like exposed wooden floors. The bathroom is equipped with essential amenities but may also require modern upgrades to meet current standards. Outside, the property boasts a block-paved driveway for off-road parking and a rear garden with a raised decking area—ideal for outdoor entertaining or further landscaping opportunities. With potential to significantly increase its market value through thoughtful renovations, this home is perfect for families or investors looking to realise its full potential.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -44.4% below area average per sq ft

-44.4%
Potential saving
This Property
£112/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£484,546
10% above area average per sq ft
Potential ROI
+70.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Drummond Road, Skegness, Lincolnshire PE25
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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
£926
Based on a loan of £183,750 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

Price History

-2.0% since listed
£245,000£5,000(-2.0%)
19/06/2026
Current price
£250,000Initial listing
19/08/2025

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