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Ocean Avenue, Skegness PE25 - Image 1
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Ocean Avenue, Skegness PE25

East of England

£325,000
Listed on 13/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
2571 sqft

Description

This substantial detached period property boasts prime sea front positioning and features a balcony that presents stunning views of the coastline. The spacious interior layout includes a well-sized kitchen transitioning into an open dining area, complemented by an adjacent utility room and a walk-in pantry for versatile storage. The ground floor encompasses a long hallway leading to multiple rooms, including a flexible music room/bedroom, a lounge with distinct character, and a garden room providing natural light and direct access to the outdoor space. Upstairs, you will find an expansive sitting/entertainment room measuring approximately 22' x 25', which could serve multiple functions and is equipped with its own kitchenette as well as access to another balcony overlooking the garden and the sea. While the home features gas central heating and has seen some updates, there are various areas where further refurbishment would significantly enhance its appeal. The external environment includes a generous courtyard that offers ample parking space alongside a double garage for additional storage needs. The gardens present an opportunity for landscaping improvements as they are currently overgrown but hold potential for creating attractive outdoor spaces. Positioned just steps from the beach and within walking distance to local shops and amenities, this property represents an excellent investment potential in a sought-after location.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -37.6% below area average per sq ft

-37.6%
Potential saving
This Property
£126/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£572,973
10% above area average per sq ft
Potential ROI
+41.5%
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

Ocean Avenue, 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
£1,151
Based on a loan of £243,750 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

-13.3% since listed
£325,000£25,000(-7.1%)
15/03/2026
Current price
£350,000£25,000(-6.7%)
06/11/2025
£375,000Initial listing
30/08/2025

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