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Dorothy Avenue, Skegness PE25 - Image 1
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Dorothy Avenue, Skegness PE25

East of England

£160,000
Listed on 11/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1830 sqft

Description

This 3-bedroom detached bungalow in Skegness presents an excellent opportunity for those looking to invest in a renovation project. Conveniently situated within walking distance of the town center, this property is surrounded by various amenities including shops, restaurants, and public transport options, making it ideal for both residential living and rental potential. The bungalow features a spacious layout that includes a lounge, reception room, dining room with access to a sun room, kitchen with lean-to storage, as well as three bedrooms. The exterior boasts off-street parking and a rear garden space that could be enhanced further. Given its prime location and existing framework, there is substantial scope for modernizing interiors and expanding the property’s appeal. This project could transform the bungalow into a modern retreat or a lucrative rental unit in a sought-after area.

Investment Analysis

(PE25 area)

Below Market Value

This property is priced -57.1% below area average per sq ft

-57.1%
Potential saving
This Property
£87/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£141
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£409,847
10% above area average per sq ft
Potential ROI
+95.2%
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
9%
Properties sold annually

Local Market Trend (PE25)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -3.9%
5 year growth: 14.5%
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

Dorothy Avenue, Skegness PE25
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE