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Kingsthorpe Crescent, Skegness PE25 - Image 1
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Kingsthorpe Crescent, Skegness PE25

East of England

£165,450
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
722 sqft

Description

This extended semi-detached bungalow, situated in a desirable crescent near Richmond Drive in Skegness, presents an excellent opportunity for renovation and investment. Conveniently located within walking distance to local amenities including supermarkets, a health club, and Richmond School, it also offers proximity to Seacroft Golf Course and Gibraltar Point Nature Reserve. The accommodation comprises two spacious double bedrooms, a shower room, a lounge featuring a decorative fireplace, and an extended kitchen/dining area that opens onto the rear garden. Outside, you'll find off-road parking with a driveway leading to a garage, complemented by easy-to-maintain gardens at both the front and rear. Although the property is equipped with gas central heating and uPVC double glazing, it requires general modernisation and updating to reach its full potential. It is offered for sale with no upward chain, facilitating a smoother transaction process. A viewing can be arranged by appointment.

Investment Analysis

(PE25 area)

Above Market Value

This property is priced +13.1% above area average per sq ft

+13.1%
This Property
£229/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£160,905
10% above area average per sq ft
Potential ROI
-15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE25)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -2.3%
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

Kingsthorpe Crescent, Skegness PE25
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£586
Based on a loan of £124,087 over 30 years at 3.91% 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

-2.1% since listed
£165,450£3,500(-2.1%)
31/03/2026
Current price
£168,950Initial listing
19/08/2025

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