Worst House on the Street Logo
Wainfleet Road, Irby-In-The-Marsh, Skegness PE24 - Image 1
Wainfleet Road, Irby-In-The-Marsh, Skegness PE24 - Image 2
Wainfleet Road, Irby-In-The-Marsh, Skegness PE24 - Image 3

Wainfleet Road, Irby-In-The-Marsh, Skegness PE24

East of England

£250,000
Listed on 17/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1498 sqft

Description

This three-bedroom detached bungalow presents a significant opportunity for buyers looking to invest in a property with considerable potential. Nestled on a spacious plot that borders lush greenery and woodland, the home features ample driveway parking along with a detached garage or workshop equipped with power and lighting—ideal for conversion or further development (subject to planning permission). The generous lawned garden, complemented by additional side and rear gardens, offers versatility for landscaping or outdoor enhancements. Conveniently located just a short drive from the market town of Wainfleet, this property benefits from local amenities, schools, and transport links, making it perfect for families or investors seeking a worthwhile project.

Investment Analysis

(PE24 area)

Below Market Value

This property is priced -25.7% below area average per sq ft

-25.7%
Potential saving
This Property
£167/sq ft
Area Average
£225/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£370,343
10% above area average per sq ft
Potential ROI
+27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (PE24)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -0.5%
5 year growth: +29.6%
Investment Disclaimer: Analysis based on PE24 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

Wainfleet Road, Irby-In-The-Marsh, Skegness PE24
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates